Quote:
|
Originally Posted by TussAgee11
As stupid as this thread has started, maybe I can redirect into something sufficiant.
A local league in CT did get audited for paying in cash. The league took care of the accountants that ended up telling which umpires made over 600 over the past year, which ended up having to be filed with the IRS.
600 is the maximum that independent contractors can make in a year without having to pay taxes for that income to the IRS.
We all make sure that we stay under the 600 dollar threshold for that league every year.
Still, most leagues in the area pay cash and no questions are asked...
|
Speaking of st00pid, admitting to taking cash payments and not reprting them on a public forum ranks right up there with "Move over bus, I'm walking acroos the street now."
