Sjmarf to Asklemmy@lemmy.ml • 10 months agoWhat's the best advice you've ever received?message-square116fedilinkarrow-up1110arrow-down15
arrow-up1105arrow-down1message-squareWhat's the best advice you've ever received?Sjmarf to Asklemmy@lemmy.ml • 10 months agomessage-square116fedilink
minus-square@Anticorp@lemmy.worldlinkfedilinkEnglish2•10 months agoAl Capone had no choice but to commit tax evasion, all of his income was illegal.
minus-squareWalrusDragonOnABike [they/them]linkfedilink1•10 months agoThe IRS says you have to report illegal income and pay taxes on them.
minus-square@Anticorp@lemmy.worldlinkfedilinkEnglish2•10 months agoYes, but when you do, they arrest you for illegal activity. So not reporting is the only real viable option. You can launder it, but they’ll still get you for tax evasion if they can
Al Capone had no choice but to commit tax evasion, all of his income was illegal.
The IRS says you have to report illegal income and pay taxes on them.
Yes, but when you do, they arrest you for illegal activity. So not reporting is the only real viable option. You can launder it, but they’ll still get you for tax evasion if they can