ilmscore | Prediction Details
"But in practice, if you get cash, then a lot of people with that cash, they make deposits, they make they make payments, they make transfers, etc. And if you're ever going to get audited, then your paper trail is going to be so obvious to an IRS agents and patterns are going to matter. So like if you get paid in cash, if you make a deposit of cash every week or you have consistent payments through apps, then the IRS is going to question it."
By ClearValue Tax | January 5, 2026 | Pending
From video
IRS Cracking Down on Side Hustle Income (Avoid These Mistakes!) 00:05:44 - 00:06:12
Interpreted Prediction
While cash payments and cash apps might seem less traceable, consistent patterns of deposits or consistent app usage can create a paper trail that attracts IRS attention during an audit.

Prediction Details

Topic
IRS scrutiny of cash payments and cash apps

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