Posts tagged ‘Cash’

I am going to start getting paid for housecleaning and childcare fo a woman and her children and she will be paying me by either cash or check. I want to be able to get financial aid so I would need to have an income tax return.
How can I file for taxes?
Is it a one time thing around tax time or do I need to pay taxes everytime I get paid?
I will not get paid much, and I have a child, would I have to pay a lot of taxes?

If you turn someone in to the IRS for tax evasion when they’ve been paid with cash, does the IRS investigate bank records, etc to see if income amounts exceed the amount reported on income taxes?