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Re: Don\'t be fooled!! The Rake is ......
Ahh you are right, true.
The only thing to realize is, if you take the free rooms, say twice a week, and didn't realize it was counted as income, you could be hit with an unexpected tax bill. I think it's different from getting paid $200 in cash, since if you were paid $200 in cash, you may decide to keep it instead of spending it on the hotel room. If you get the room comped, you don't realize you are spending "$200" that you've just been paid on the hotel room, and that you have to pay income on that $200. - Tony |
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