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Wonder what the odds are of filling out said forms causing IRS audits and other hassles along with the waste of time filling them out initially?




Well, that's the whole point, isn't it? If you're the type to do large cash transactions and fill out those forms then sure, that could very easily cause someone to think, hmmm, wonder what he's doing to generate that much cash and has he been reporting it? The good news is there's a three year statute of limitations on most of this tax stuff except outright fraud. That's six years.

Bob


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