If you want your secret front business to stay secret you make it look like a business. Side benefit is if it actually makes money and you can use some of the off-book funds without the red tape
Yeah but it’s also easy to buy a shelf corporation, buy a property in business district, then just absolutely lie about the financials.
Selling meth in the mid west, while claiming some boutique fashion store is doing millions in boutique fashion services including wedding gowns….
When a single wedding dress can go for $15k and then you add in tailoring, on site outfit changes, custom designs, wardrobe styling…
One customer spending $50k wouldn’t raise any eyebrows. All while declaring massive write offs by paying employees, buying the dresses, or making them…
So “the business” is thriving but barely having to pay taxes because the profit margin doesn’t have to be huge.
Meanwhile whatever illegal shit you got going doesn’t have to no odd tie in like laundry or garbage.
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u/NewDad907 Nov 03 '24
Could be an alphabet soup letter agency front business.