I’ve heard it said so many times that I can’t keep track of it: what you don’t know won’t hurt you. For some, ignorance is bliss. Maybe in some cases, this can be true. However, if you project this kind of thinking to the IRS, you might find yourself in deep trouble. How many times have you been tempted to NOT report income because you think that the IRS will not be able to track it anyway? Perhaps your best friend might have told you – if you can get away with not reporting something, why not? Or maybe another [Read more…]
