I’m sure without a doubt they are hiding a large portion their income. But how much can you possibly make.
I know the owners and or employees of two competing stone and stucco companies in the Towaco area.
Business is off between 50 to 75% from the 2006 peak. All employees but non-family members and crew chiefs have been fired. Health insurance and all other benefits has been canceled. Maintenance is being delayed.
Even if this guy had been hiding income in years past, his gross off the books income right now is still down significantly.