I'm paranoid as fuck. It seems like the IRS wouldn't bother coming after my ass, but after doing some research I've realized I've been extremely sloppy about this.
I do/did have a legitimate job and tax-wise I'm not worried about that.
However, there are grands of unaccounted-for money sitting around in a savings account that will, without a doubt, accrue enough interest for the bank to report it to the IRS.
Furthermore, I've made some amounts of money from selling things online. Sure I have the transactions for these, but where did the money come from originally? I can't prove anything. I pay all my groceries and rent in cash, which undoubtedly will raise additional questions if considered. This hasn't been a short term thing. I've also sent near the supposed limits through money order services.
I've read that, to some extent, the IRS mines data on emails and credit card statements. Their statute of limitation is 3-6 years. I'm not a demographic that's typically sought after by the IRS, but my god, my naivety has left me in an apprehensive state.
Anyone got any tips? The worst they could do is fuck me over in fines a few years down the line?
You should hire a competent cpa that is discreet and get this shit straightened out. I wouldn't take my chances with the IRS at all.