Thursday, September 14, 2006

Suspicious clients

Student: "Perhaps [the accountant in the problem] is concerned that this is a cash-run business, and that [the client is] funneling some of that cash to fund illegal activities, like his meth lab in the basement."


Becca said...

But the real question is whether he's reporting the meth profits as part of his gross income.

mel said...

That's probably why the accountant is concerned. That, and whether the client could pay his accountants' fees in meth. ;)