Sometimes events coincide and you have one of those "Ah ha" moments. Well, I had last week. Let's set the scene.
Recently the IRS launched an initiative against small business where the IRS questions if the small business has reported all of their income. The IRS sends out letters with the heading "Notification of Possible Income Under reporting." It notifies the
business owner "your gross receipts may be under reported" and says they
must complete a form "to explain why the portion of your gross receipts
from non-card payments appears unusually low." The Forbes article goes into more detail about the initiative, and the response from the business community.