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Forum
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justafrumgirl3
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 Yesterday at 9:28 pm
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Why is so accepted that so many frum stores and pop ups (it's especially true with wig pop ups but many other stores too) only take cash? Tax evasion is completely assur. Why does everyone look the other way.
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cnc
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Yesterday at 9:36 pm
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What makes you think that it's because they're trying to evade taxes? Perhaps they're trying to avoid CC processing fees.
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amother
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Yesterday at 9:36 pm
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Its not for tax evasion purposes. It's to avoid the CC processing fee.
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justafrumgirl3
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Yesterday at 9:40 pm
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Because they don’t even take zelle or venmo
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amother
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Yesterday at 9:48 pm
Hmmm that is weird. I've always been able to zelle.
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Molly Weasley
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Yesterday at 10:33 pm
How in the world did you get to tax evasion? Was everyone engaged in tax evasion until 1990?
Life is simpler with cash, and if they're selling clothing, often times there's no sales tax to begin with
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justafrumgirl3
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Yesterday at 10:42 pm
The xxx is one example of a place that only takes cash. No zelle. And I’m not just talking about sales tax (which btw should be charged on sheitels) but mostly income tax. If they make a sale they have to be reporting that income.
Last edited by justafrumgirl3 on Tue, Dec 03 2024, 11:30 pm; edited 1 time in total
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giftedmom
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Yesterday at 10:44 pm
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I don’t think we should be worrying about other peoples possible tax evasion to this extent. There are more urgent things to worry about.
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amother
Crocus
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Yesterday at 10:51 pm
| justafrumgirl3 wrote: | | The xxx is one example of a place that only takes cash. No zelle. And I’m not just talking about sales tax (which btw should be charged on sheitels) but mostly income tax. If they make a sale they have to be reporting that income. |
Why mention a specific company by name? Is this your competitor or something?
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Hashem_Yaazor
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Yesterday at 11:11 pm
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Many business bank accounts don't allow zelle to be set up.
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GLUE
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Yesterday at 11:12 pm
I thought this was my complaint, I very often do not have cash on me so I find the all cash sales annoying, many times I don't take part in them because of it.
I thought that is what you are complaining about.
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amother
Plum
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Yesterday at 11:15 pm
| justafrumgirl3 wrote: | | The xxx is one example of a place that only takes cash. No zelle. And I’m not just talking about sales tax (which btw should be charged on sheitels) but mostly income tax. If they make a sale they have to be reporting that income. |
Let’s not pick on specific companies, especially not one that’s doing groundbreaking and very necessary work making affordable wigs an option to people. I encourage you to think about deleting the name of the company from your post.
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ra_mom
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Yesterday at 11:20 pm
When people are getting rid of stock with sales, they are trying to turn their inventory into cash so they can restock. They're not interesting in waiting for payments or deducting processing fees.
I understand the cash and carry mentality of a good sale. (But maybe I'm ok with it because I hardly ever go to sales, I don't like the crush of people or the pressure.)
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amother
Camellia
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Yesterday at 11:27 pm
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Not everyone likes to take zelle. They've had issues with it or it's a bother especially when running a sale.
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amother
DarkPurple
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Yesterday at 11:43 pm
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What a weird thing to vent about.
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HonesttoGod
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Yesterday at 11:49 pm
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You do know that between cash and cc there’s a lot more than tax evasion.
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amother
Caramel
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Today at 12:03 am
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A lot of the cash only sales I've seen will allow you to pay by credit card if you pay the 3 to 5% credit card charge. I always assumed the idea just was that being the prices were lower than usual, they couldn't afford to(or didn't want to) also pay credit card processing fee.
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amother
Honeysuckle
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Today at 12:22 am
| justafrumgirl3 wrote: | | The xxx is one example of a place that only takes cash. No zelle. And I’m not just talking about sales tax (which btw should be charged on sheitels) but mostly income tax. If they make a sale they have to be reporting that income. |
I’m an accountant, and I happen to have 2 pretty big wig companies as clients. Both of them, when you buy a wig for $xxxx, that amount includes sales tax. The sales price is inclusive, and they actually pay a pretty penny in sales tax. Just adding my 2 cents 🤷♀️. Lots
Of cash gets deposited as well. I’m not naïve. They are not depositing it all (my assumption), but they are not asking for cash for tax evasion purposes. That’s a stretch. It’s due to cc fees on a $3k product being high + checks bouncing issues which is unfortunately common + for Zelle, they need someone to constantly check each transaction to make sure it came through, and it’s often too complicated for a pop up shop.
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jflower
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Today at 12:24 am
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The businesses may also be wary of people disputing the credit card charge afterwards.
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amother
Copper
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Today at 1:51 am
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Out business account can’t do zelle so it’s either cash checks or cc, cash is the least amount of fees involved. For a wig sale a lot of it may be going straight to the manufacturer so no income taxes due for that anyways.
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