Comment by jjk166
14 hours ago
The accepted legal method of declaring illicit gains on your tax documents is pleading the 5th amendment for specific questions related to the source of the funds. Fun fact, you can also take deduct business expenses for many expensees related to illegal activities if you otherwise qualify for them, for example legal fees. There are specific restrictions but they are surprisingly narrow.
No comments yet
Contribute on Hacker News ↗