Tax Expert Question - Net54baseball.com Forums

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#18

12-18-2023, 09:54 AM

Republicaninmass Republicaninmass is offline

T3d $h3rm@n

Member

Join Date: May 2009

Posts: 8,642

Wonderful. When the IRS come aknockin'..unreported income could be considered fraud. What's that mean?

Well you would not only be liable for interest and penalties but they can also go back more than 7 years IF they consider it tax fraud.

Risk v. Reward I guess.

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