Comment on Is someone safe if they report income from illegal means to the IRS?

TotesIllegit@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

Tax evasion on top of the other illegal activity can increase the consequences if you’re caught. They tend to require warrants before divulging information to other authorities, however any information gathered through legal means can be used against you.

The main benefit of reporting the income is to reduce the likelihood that somebody gets suspicious of the change in buying habits and starts in investigation in the first place.

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