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Legal experts: when can the IRS step in for Tax evasion?

Posted on 3/12/19 at 10:38 am
Posted by AlwaysPutsSeatDown
Member since May 2008
986 posts
Posted on 3/12/19 at 10:38 am
If there were payments,Seems like someone is not reporting this on his or her taxes...
This post was edited on 3/12/19 at 10:41 am
Posted by Run DMC
somewhere in Louisiana it's tricky
Member since Jan 2007
5746 posts
Posted on 3/12/19 at 10:41 am to
Geezus H Kryst
Posted by geauxtigers33
Baton Rouge
Member since Jan 2014
13734 posts
Posted on 3/12/19 at 10:46 am to
So apparently you people really think they are just given a duffle bag full of cash. The payments come through other avenues like jobs for instance. Can be overpaid for the actual work they do then Pay taxes on that and it’s really hard to track if it’s a private business.
Posted by Tpayne99
Da Bayou
Member since Jan 2019
1028 posts
Posted on 3/12/19 at 10:48 am to
Casino Chips
Posted by Cracking
Northshore
Member since Aug 2006
3431 posts
Posted on 3/12/19 at 10:51 am to
quote:

So apparently you people really think they are just given a duffle bag full of cash. The payments come through other avenues like jobs for instance. Can be overpaid for the actual work they do then Pay taxes on that and it’s really hard to track if it’s a private business.



I admit that I am one of the ignorant ones who hasn't thought how to mask the corrupt money exchanging hands, but that makes more sense. I TRULY thought that a bag man dropped off $$$. I will go sit in the corner and reflect on my naivety.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41156 posts
Posted on 3/12/19 at 11:23 am to
In 2018 you could except up to 15K as a gift with out paying taxes. The limit was 14K in 2016 &2017
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