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Forum
-> Shopping
justafrumgirl3
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Tue, Dec 03 2024, 9:28 pm
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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Tue, Dec 03 2024, 9:36 pm
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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Tue, Dec 03 2024, 9:36 pm
Its not for tax evasion purposes. It's to avoid the CC processing fee.
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justafrumgirl3
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Tue, Dec 03 2024, 9:40 pm
Because they don’t even take zelle or venmo
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amother
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Tue, Dec 03 2024, 9:48 pm
Hmmm that is weird. I've always been able to zelle.
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Molly Weasley
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Tue, Dec 03 2024, 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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Tue, Dec 03 2024, 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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Tue, Dec 03 2024, 10:44 pm
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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Tue, Dec 03 2024, 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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Tue, Dec 03 2024, 11:11 pm
Many business bank accounts don't allow zelle to be set up.
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GLUE
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Tue, Dec 03 2024, 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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Tue, Dec 03 2024, 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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Tue, Dec 03 2024, 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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Tue, Dec 03 2024, 11:27 pm
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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Tue, Dec 03 2024, 11:43 pm
What a weird thing to vent about.
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HonesttoGod
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Tue, Dec 03 2024, 11:49 pm
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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Wed, Dec 04 2024, 12:03 am
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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Wed, Dec 04 2024, 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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Wed, Dec 04 2024, 12:24 am
The businesses may also be wary of people disputing the credit card charge afterwards.
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amother
Copper
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Wed, Dec 04 2024, 1:51 am
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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