By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our
Privacy Statement, and you agree that your use of the website is subject to our
Visitor Agreement.
Comments
At my store, I can attest to cash sales dwindling year after year. Yes it costs money to take credit cards, but the money is in the bank the next day. My business is not in a good neighborhood. In order to make a cash deposit, I’ve got to send either my 76 year old Mom or 78 year old Dad to the bank.
————————————————Get a couple Dobermans. They can’t eat that much and it’s a legitimate security business deduction.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
2017 Cadillac ATS Performance Premium 3.6
At my store, I can attest to cash sales dwindling year after year. Yes it costs money to take credit cards, but the money is in the bank the next day. My business is not in a good neighborhood. In order to make a cash deposit, I’ve got to send either my 76 year old Mom or 78 year old Dad to the bank.
I hope they go packing!
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2017 Cadillac ATS Performance Premium 3.6
My Dad had Great Danes for his entire life. His most recent one died in April of ‘23. You are 100% correct that they are a legitimate business expense under security.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
'24 Chevy Blazer EV 2LT
I'm partial to Venmo, but only with people or businesses I've worked with in person.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2021 VW Arteon SEL 4-motion, 2018 VW Passat SE w/tech, 2016 Audi Q5 Premium Plus w/tech
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
Good idea. Let me know where/when you plan to do that.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
"3% surcharge for credit card"
"$0.50 extra for more than one sauce"
90%+ of customers use credit cards. Everyone needs more than one sauce. Make me think about how your menu price isn't going to accurately reflect the final bill? Makes me less likely to choose to eat there, the next time. Sometimes, sub-conciously.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2017 Cadillac ATS Performance Premium 3.6
They may save some money from going to pay taxes.
But they lose on people tend to buy more when they use a credit card. It is easier to buy more while in the store and easier to add a dessert or extra drink if using a credit cars.
If you are avoiding paying taxes, like JMonroe does in his remodeling business, that is different.
btw, the revenue people often find cheaters, they have their ways. The went after a pizza store that gave discounts for cash purchases. The tax office found out the number of boxes they were ordering were much greater than what they were reporting.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Using that logic, if they used plastic wrap they could have claimed almost no sales.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
Years ago they decided to audit expense accounts of the C-suite group where I worked. They actually had some reason to do that because some were abusing the privilege and expensing all sorts of things inappropriately. I wasn’t concerned because being an old govt hand and a rules-following type I never did anything like that. Imagine my surprise when the tax bunch said I had a few hundred dollars of inappropriate expenses. None of them were, but they zeroed in on a few lunches I had with our legislative lawyer near her office downtown. Our meetings typically were longer than scheduled so I would buy her lunch in one of the restos nearby so we could conclude things there. They claimed that I was having lunch with her because she must have been my girlfriend! I liked her fine but she was quite a bit younger than me, had a partner, and to top things off was gay. The beady-eyed tax auditors didn’t want to accept that but I told them to bugger off. Her situation wasn’t a secret but their sheer intrusiveness really aggravated me.
2017 Cadillac ATS Performance Premium 3.6
If you do a fair amount of your business with cash there would less records of all purchases. Therefore, you could hide a fair amount of money. Now, having said that if you have a business you better show enough sales to satisfy the tax collector. That’s why you can’t be a total dope and hide everything or almost everything. This is just a guess on my part but hiding around 25/30 percent of your sales seems doable.
The tax man doesn’t have to cometh for all sales.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 Cadillac ATS Performance Premium 3.6
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
They also didn't like taking a credit card, but they did. I got cash back for the $5,000 they let me put on my credit card.
I think I wrote a check for the rest, but don't remember.
It almost made them cry.
2025 Forester Limited, 2024 Subaru Legacy Sport
So …. This kinda relates to the extra restaurant fee etc.
Last week a large group of us went to dinner at a place down the shore that does an awesome haunted dining.
There were 16 of us. (7 kids). I brought cash … but many others didn’t. Well I got stuck with the bill and wasn’t attempting to collect while we were still at the table. That 3% surcharge hurt on an $1100 bill! I amortized it when everyone asked their share after!
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic / 2022 Icon I6L Golf Cart
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
It wasn’t life altering or anything but IMO I think they should just adjust their prices a bit instead of the 3%. You get the check it’s one price then when they run the card it jumps 3%. Kinda tacky especially in a nice place.
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic / 2022 Icon I6L Golf Cart
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Whodathunk that was possible.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
As I understand it you don’t have to pay taxes if you don’t have an income.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
I have never seen a dealer willing to take a personal check. Last time I bought it was by bank check only. When my BIL bought a new Nissan in Florida they would only accept an electronic transfer from his bank. Florida must be a snake pit of fraudulent cashier’s checks.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2025 Forester Limited, 2024 Subaru Legacy Sport
Credit card processing
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic / 2022 Icon I6L Golf Cart
But, this summer, at a fairly high-end restaurant for my birthday, there was a line on the receipt for tipping the kitchen staff. And, somewhere on the menu, their rationalization for that.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2021 VW Arteon SEL 4-motion, 2018 VW Passat SE w/tech, 2016 Audi Q5 Premium Plus w/tech
Surprisingly, upon arrival and before figuring out the above, the one (working) CCS charger I was aware of was available, so no issue in juicing up.
The electric force seems to be getting stronger.
'21 Dark Blue/Black Audi A7 PHEV (mine); '22 White/Beige BMW X3 (hers); '20 Estoril Blue/Oyster BMW M240xi 'Vert (Ours, read: hers in 'vert weather; mine during Nor'easters...)
So, in a pinch, you can just fill it up at the gas station?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Everyone says I overtip - but if the service was good and made the night why not?
Nothing sets off a group of people in a forum more than tipping questions about a cruise or all inclusive. Wow. Popcorn material for sure
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic / 2022 Icon I6L Golf Cart
Went to a nice-ish Italian place in Chicago and ordered an Old Fashioned. They asked if I wanted ice, and I agreed. On the bill, there was a $3 charge for the ice. Yes, it was a fancy sphere or square (can’t remember), but if I knew it was $3 extra for some frozen water, I would have skipped it. I was going to order a second one, but the server’s timing was off—thank goodness!
(yes, $3 would tick me off, too)
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator