Several other aspects and angles on topic of note:
Most scenarios mentioned above may very well not even have such things as dba's, business accounts in place...(which again only contributes to overall picture in a positive way....)
One could also, as above or other thread, speak to accountant to ask best direction, etc....everything mentioned readily verifiable....no receipts and such will basically put you in the position of being unable to utilize your deductions....(which you should not claim excessive anyway.......) Most problems will arise from excessive deductions....
(But, yet again, apples and oranges...one addressing IRS attention and audit, the other angle all numbers being appropriate if an interest by LE......2 different things.....The above case concern lay in tax evasion also...again, not what we are discussing......all banking should match all declared, all declared should match banking.....and all should be paid (tax).....If your not declaring it, it shouldn't be banked, nor should it be spent (problem people have) on items that are readily identified, such as vehicles, homes..(ie: you declare 50, you bank 50k, your bills are 50k, but, you bought a new car, boat, and bike for 150k.........another good example....many do such things daily .....
Doesn't take a rocket scientist to look over financials and see irregularities.....if you can see it, they can see it ....(I'm not a forensic accountant but would go up against one any day of the week reviewing financials......It's quite simple actually....all pieces have to fit, all trails lead somewhere........(hence the above examples of using "extra" money on improvements not requiring permits as one such idea for one.....)
Quick story (true).....(I edited...forget it )
Most scenarios mentioned above may very well not even have such things as dba's, business accounts in place...(which again only contributes to overall picture in a positive way....)
One could also, as above or other thread, speak to accountant to ask best direction, etc....everything mentioned readily verifiable....no receipts and such will basically put you in the position of being unable to utilize your deductions....(which you should not claim excessive anyway.......) Most problems will arise from excessive deductions....
(But, yet again, apples and oranges...one addressing IRS attention and audit, the other angle all numbers being appropriate if an interest by LE......2 different things.....The above case concern lay in tax evasion also...again, not what we are discussing......all banking should match all declared, all declared should match banking.....and all should be paid (tax).....If your not declaring it, it shouldn't be banked, nor should it be spent (problem people have) on items that are readily identified, such as vehicles, homes..(ie: you declare 50, you bank 50k, your bills are 50k, but, you bought a new car, boat, and bike for 150k.........another good example....many do such things daily .....
Doesn't take a rocket scientist to look over financials and see irregularities.....if you can see it, they can see it ....(I'm not a forensic accountant but would go up against one any day of the week reviewing financials......It's quite simple actually....all pieces have to fit, all trails lead somewhere........(hence the above examples of using "extra" money on improvements not requiring permits as one such idea for one.....)
Quick story (true).....(I edited...forget it )