I guess I took your bait. Anyway, I'm sure you know how it goes if you commit tax fraud, er, I mean when you make a mistake on your return: The IRS sits there for a couple of years letting interest and penalties accrue, then sends you a nice letter informing you of your error with an enclosed bill.
Any transaction over 10 grand has to be reported to the IRS; it's a simple matter for them to see when there's been no 1099 filed for the purported transaction. I don't doubt there's fraud out there, but anyone who files a fraudulent income tax return does so at their own peril.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
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