dboonies
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Nothing! The IRS is so overburdened with tax cheats that most people never get caught, that's why the system has to go. The people who don't cheat are stuck paying taxes for everyone who does. If we can pass the FairTax it will be much easier to enforce and everyone will be paying their fair share right there at the register. They will also be able to see exactly how much they are paying, unlike the current system where everyone who gets a refund thinks it's great. Hey people, how does that refund stack-up next to the 10 or 25% that was stolen from your paycheck all year in the form of withholding? |
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wookie
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Nothing unless you get caught.If they catch you you have to pay them what you owe plus penalties and interest and face possible jail time |
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Skating Is Love
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Unless it's by a huge amount, most likely the IRSwon't find out. If they do however, I've heard that it's the same penalty as tax evasion, unless that's considered the same thing. Also, if you tell the IRS about people who are cheating their taxes, you can get a lot of money. |
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ramona231@sbcglobal.net
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you will get fined penelty and intresest plus pay back what you owe when they re-calculate, and there may be jail time so it depends, I would not do that. |
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sissyd
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If you are lucky you won't get caught. If not, you would have to pay whatever you owe, plus taxes and penalties. You might also have to go to jail or spend some time in a leg bracelet on house arrest. I know of one person that this happened to. Anyway, it seems to me that it wouldn't be worth the risk. |
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sugarBear
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You should never cheat or what we like to call "lie" on your taxes. The IRS will audit you & get you for lying. You will then pay a huge penalty & possibly get some JAIL time. My best advice is to please be very honest on your taxes. If you want a bigger refund or don't want to owe, then you have a full year ahead of time to prevent that. |
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AnimeLover4444
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you would probably end up in jail |
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♥Cutie_204♥
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Jail, I only think this, no real evidence. |
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jerman1919
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obviously its not good. The IRS is auditing more and more people and will be in the coming years. The more money you make, the higher the risk is of getting caught. But should you get caught you can go to jail for fraud. |
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Misty Eyes
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You'll be audited by the IRS and made to pay any taxes you owe or face jail time. |
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Tommy
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go to jail |
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bookworm87
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JAIL!!!!! |
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PepsiLime
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Depends. If you don't get caught then you get to keep more money then you should have been able to keep, and have only to wrestle with your conscience. If you get caught and you can convince the IRS that it wasn't fraud then you pay the tax, and interest and penalties that they will hit you with. If you get caught and can't convince the IRS that it wasn't fraud then you pay the tax, interest and penalties, and you get to learn a nice new profession; making license plates in Alcatraz! |
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