ilmscore | Prediction Details
"And mistake number three is that a lot of people that are in working in the cash economy, they think that their cash payments and cash apps are going to be invisible, you know, to the governments. And I'm going to be honest with you, like if we're talking about cash payments, it's more difficult for you to be on the IRS radar. Like, I'll tell you that in all honesty. 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!) 00:05:26 - 00:06:16
Interpreted Prediction
While cash payments and cash apps may seem invisible to the government, deposits, payments, and transfers create a paper trail that can be scrutinized during an audit, especially if patterns emerge.

Prediction Details

Topic
IRS Detection of Cash Transactions

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