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IRS demanding taxes on gross income

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If unreported income is detected by the IRS without corresponding expenses, they may attempt to tax the gross amount received, rather than the net profit, leading to unnecessary tax burdens and a difficult dispute process.
"And then they're going to try to get you to pay taxes on that gross amount that you made, that $2,20..."
ClearValue Tax ClearValue Tax
Jan 5, 2026
Pending
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