I pointed out that it can hurt you when your making a big purchase, say a car, if you have all this money in cash and your credit is low to none some places may not want to give you said car because of your credit.(?)

EDIT- when I said I wasn't entirely sure how it works with taxes though if you report or don't repor tips, I meant I wasn't sure how it works with YOURSELF, your needs/the outcome on certain people. I KNOW TECHNICALLY YOU ARE SUPPOSED TO REPORT. HOWEVER like one comment said, not every place tells you that you have to or that you should and if people don't know where this line crosses, just like he honest asking 1st person I was referring to, if they're just going to follow the first advice they heard then it would have been not to report if you re read the top part 💋

I know this is a controversial topic. & I want more info/what you guys do please on it.