FlyerTalk Forums - View Single Post - Buying large quantities of miles
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Old Aug 18, 2010 | 11:28 pm
  #69  
wanaflyforless
 
Join Date: Apr 2002
Location: MHT/BOS <--> World
Programs: AA Plat 2.8MM
Posts: 4,629
Originally Posted by MilesToGoBeforeISleep
I've thought through this (I have a business that accepts credit cards). Problem is that the money coming in is income and is subject to income tax...
Yes, you would need a clear paper trail showing that all of that money/income coming in was refunded via check/bank transfer.
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