Off the Books Income Law and Legal Definition
Off the books income is the money received for goods or services which is not reported on the books of the payor and/or payee. Such illegal income enables the payee to avoid paying taxes on the income.
Browse US Legal Forms’ largest database of 85k state and industry-specific legal forms.
Off the books income is the money received for goods or services which is not reported on the books of the payor and/or payee. Such illegal income enables the payee to avoid paying taxes on the income.