How does the IRS find out your about unclaimed income?

[Orange cream shake]

Don't do it. I got audited and I knew I was wrong I just didn't want to pay them 3 stacks. I lied about my income and said I made much less like they don't see what I bring in.

 

[A.V.]

Don't do it. I got audited and I knew I was wrong I just didn't want to pay them 3 stacks. I lied about my income and said I made much less like they don't see what I bring in.

So hopefully you won't have to go through that

 

[Luck]

I report all of my income

Every single last penny

I don't want any trouble

 

[Neo. The Only. The One.]

@ this thread

 

[Easy-E]

Lets say you work a part time retail job making $8 an hour, use that as front for your real income of 54-64k which you get in cash.

Is it possible for the IRS to seize that money?

Because that job has to file taxes also; including the employee pay

So, unless you gettin' paid under the table.,..

 

[Heretic]

Most criminals making big money either get snitched on or get caught up in taxes... the irs is the biggest gangsters out there. Don Sam Corleone always gets his cut breh.

 

[lightbearerchef]

Fuc irs fuc taxes eat a dic

 

[jackswstd]

Real talk, what are the chances of getting audited?

Depends on how you livin. If you're blatantly living beyond your means you're pretty much fukked sooner or later. The IRS will follow you to the ends of the Earth to get their cut.

 

[Astroslik]

Depends on how you livin. If you're blatantly living beyond your means you're pretty much fukked sooner or later. The IRS will follow you to the ends of the Earth to get their cut.

That goes for even avoiding the health insurance penalty? Do they audit that?

 

[NansensuToko]

that's how they got capone... don't matter what you do, you need to pay your taxes... whether murder for hire, selling crack, or working at mcdonalds... they want their money


they might not be able to prove you ever did anything wrong... but if they find that cash and check those returns... you are fukkED

Damn, imagine a tv show about a tax auditor, going after all those people doing it the illegal way.

 

[ORDER_66]

 

[ⒶⓁⒾⒶⓈ]

Nikka get real...you pulling in 4.5k / month from a job that on paper pays you minimum wage....THEY WILL CATCH YOU...its only a matter of time..you keep your earnings in cash and nikkas will kick down your door sooner or later..you take it to the bank and the feds will kick down your door you try spend it all and Both may happen

Spoiler: hypothetical

Spoiler: Not legal advice

Hypothetically because i would never help you break the law

you need to own a small business that gets paid in cash often..convenience store,newsstand,hot dog cart...u could just buy and put a few pop or snack vending machines somewhere..there probably businesses in the classifieds you could buy right now with just three months of your earnings.. .

Then you can bank your hypothetical money from your hypothetical business and spend it freely
...still gotta pay taxes on it tho