Takeout Is Taxable

That seems obvious, right? You need to charge sales tax on items that are picked up.

Hopefully it also seems obvious that if you’re a liquor store owner you need to include takeout items in your income. There’s no exemption for takeout items in the Tax Code…but you knew that.

Well, you know that, I know that, but one carryout (liquor store) owner in Toledo, Ohio apparently didn’t know that. Ann Riebe pleaded guilty to one count of Conspiracy to Defrauding the United States. Riebe and another owner took cash that customers paid and allegedly took some of that home with them, or wrote checks and didn’t declare the income. Riebe will only serve one day at ClubFed but will spend ten months under house arrest and will have to make restitution with the IRS.

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