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1 vote
2 answers
253 views

Are gift cards considered currency or an object?

In the eyes of the IRS, are gift cards viewed as an object or as currency? Like if I were to accept gift cards as payment for items I sell in an online store, am I accepting dollars or am I trading ...
mevers303's user avatar
  • 133
2 votes
2 answers
564 views

Can you buy a luxury car with cash?

Let's say, hypothetically, you try buying a luxury car or expensive jewelry using cash (100 dollar bills in a bag!). Would that be legal? Will IRS or FBI or anybody come knocking on the door asking ...
Harry's user avatar
  • 121
2 votes
0 answers
61 views

Why is it legal to look at pending stock orders for some participants

another question indicates that market participants can take a look at the orders for a stock, option or futures. An ordinary investor can only look at the BID and ASK, but not the entire series of ...
puzzled's user avatar
  • 341
3 votes
3 answers
6k views

Does the government have to accept cash for taxes?

If a government entity assesses a tax, does that entity have to accept cash and/or coins, or can they refuse such payments and demand check or card? Assume that it is perfectly normal to pay this tax ...
Patrick87's user avatar
  • 4,251
2 votes
2 answers
92 views

Tax law and holding accounts (like Kickstarter)

Kickstarter is a simple example to highlight the question. Let's say I'm Kickstarter's malformed cousin Rickstarter and someone is raising 100k for a project between November and April on my site. ...
Skyler's user avatar
  • 163
2 votes
1 answer
191 views

Is it legal to give non cash tips to waiters and other servers and what are the consequences in terms of taxes?

I wasn't sure I should ask this under Law or Personal Finance & Money. I was wondering what the rules are regarding non-cash tips in the United States. By non-cash tips, I do not mean using a ...
Daniel Goldman's user avatar
1 vote
1 answer
260 views

Is the use of a community currency instead of the official legal tender a tax evasion?

Let's say that a cult of weirdos run off and buy some land in the middle of nowhere, they establish a company to buy this land and maintain it's payment; they setup their own government, tax their ...
Tirous's user avatar
  • 489
1 vote
1 answer
365 views

In Germany, is there a reward for reporting possible tax fraudsters or money launderers to the authorities?

I could well be wrong and I don't want to go into specifics here, but... Let's assume I know of a business that in reality generates a few hundred thousand euros in revenue and yet shows a P+L with ...
fiprojects's user avatar
1 vote
1 answer
3k views

Is it legal to earn money via selling online currency (videogame)?

(Europe/Netherlands) Let's say I'm a World of Warcraft or Runescape player, in these games there are certain prices for gold, for example a X amount of ingame Runescape money might be worth a Y ...
Strah Behry's user avatar