Cashing corporate checks to avoid taxes is fraud

Name: Cashing corporate checks to avoid taxes is fraud
Duration: 62 s
Description: Rent payments from your corporation to yourself must be deposited and reported as income, not cashed to hide it.

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Some people claim you can dodge taxes by cashing corporate checks instead of depositing them — like rent payments for a home office. TJ explains why this scheme lands people in jail and breaks down the basic rule that makes it illegal.

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