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OFF THE BOOKS definition: 1. in a way that is not officially written down in a person's or company's financial records: 2…. Learn more.
- English (US)
OFF THE BOOKS meaning: 1. in a way that is not officially...
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- English (US)
done or performed for cash or without keeping full business records: esp. as a way to avoid paying income tax, employment benefits, etc. Much of his work as a night watchman is done off the books.
Aug 16, 2024 · The meaning of OFF-THE-BOOKS is not reported or recorded. How to use off-the-books in a sentence.
Off the official payroll; paid in cash, without any official employment paperwork. I worked off the books in my uncle's restaurant for a few months during the summer. It's no secret that many migrant workers are kept off the books at major agricultural and construction operations around the country.
OFF THE BOOKS meaning: 1. in a way that is not officially written down in a person's or company's financial records: 2…. Learn more.
Jan 2, 2024 · What is Off the Books? Off the books refers to any cash payment or receipt that is not recorded in a firm’s accounting records. This is typically done in order to avoid paying income taxes on cash receipts or use taxes or payroll taxes on payments made.
Off-the-books definition: not recorded in account books or not reported as taxable income.. See examples of OFF-THE-BOOKS used in a sentence.
