Probably why fronts are often restaurants. They would have lots of money going in both ways.
Comment on Is someone safe if they report income from illegal means to the IRS?
Modern_medicine_isnt@lemmy.world 4 months agoWhat you need to do is report your illegal income in a legal way. Like say you are a life coach, and you advise people.
Kolanaki@yiffit.net 4 months ago
Maeve@sh.itjust.works 4 months ago
Or car washes? Night clubs maybe.
jpeps@lemmy.world 4 months ago
Laser tag is actually the best option.
Maeve@sh.itjust.works 4 months ago
Oh?
kmartburrito@lemmy.world 4 months ago
There’s always money in the banana stand
slumlordthanatos@lemmy.world 4 months ago
That is a pretty good explanation of money laundering, actually.
ArmokGoB@lemmy.dbzer0.com 4 months ago
I was looking into doing some mutual “consultant work” with a friend to make it look like I had an income. The taxes wouldn’t have made it viable though.
Potatos_are_not_friends@lemmy.world 4 months ago
If it looks extremely questionable, like you’re a life coach in Alabama and made 380k, it’ll raise a lot of flags.
There’s more things to consider. I say that as a person who has to set up my own company to protect myself when I got freelance clients, and complicated the hell out of my taxes.
Maeve@sh.itjust.works 4 months ago
Root Doc Buzzard.