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Its illegal not to report and reporting that you did something illegal disclosed the illegal activity you did. Making your assets subject to forfeiture and crim
by vmception 5y ago
Its illegal not to report and reporting that you did something illegal disclosed the illegal activity you did. Making your assets subject to forfeiture and criminal charges levied against you.
- CompuHacker 5y agoTo complete my thought, I was also under the impression that the IRS does not disclose criminal activity to any other entities automatically. This still seems to be the case in 2021, unless the tax return becomes evidence in a trial, or under some other conditions.