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 - Oliver 550 Clutch Overhaul Tips - by Greg Sheppard. I got my 1964 Oliver Model 550 (serial 141-139-519) second-hand and used it for several years before the clutch began to slip. After taking up the pedal linkage several times I saw it was going to take more than that. The engine had been leaking oil at the rear seal and I suspected
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