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<p>[QUOTE=&quot;statequarterguy, post: 935623, member: 21782&quot;]<span style="color: black"><font face="Verdana">Not having accounting backgrounds and not having dealt with the IRS, many of you are missing the point in here. If you cheat and want to enjoy the fruits of your cheating, it will show in your lifestyle and the IRS can tax you on your lifestyle, even if records do not exist. As for safe deposit boxes, records do exist. The bank has a record that you have a safe deposit box and what size it is and it has a record for every time you access it, which could be used as circumstantial evidence in conjunction with your coin related activities, to show a possible source of funds to support a lifestyle, not supported by your tax return.&nbsp; And, the IRS could force you to open the safe deposit box with them standing there. As for eBay and PayPal, there is no need to for them to issue 1099&#039;s, as using either of them creates a paper trail that can be summonsed by the IRS. When it comes to the IRS, you can run, but you cannot hide. That&#039;s why the smart money looks for ways to make more money, not cheat.</font></span>[/QUOTE]</p><p><br /></p>

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