What Would You Do: Is the IRS Going to "Bust" My Salon?

WWYD: I’m Worried My Salon Will Get Busted By The IRS Even in the community atmosphere of a salon—where everyone knows everything—discussing money and finances is still considered a faux pas. So what do you do when the salon you work at has a community tip book? A member from the BTC Community asked that very question and couldn’t help but wonder, “What happens if my salon gets audited?” Check out her situation below:   “I’m concerned for the salon I work at because I’ve noticed other stylists may not be recording all their tips. At our salon, all stylists record their (more…)