Gambling, Drug Dealing & Embezzlement

1. Money from gambling, drug dealing, embezzlement, etc. is 100% taxable.  

1. The IRS can examine your bank accounts, deposits, withdrawals, ATM activity and credit card purchases without your knowledge and/or consent. 

1. The IRS can summons your records, speak to your neighbors and interview your coworkers. 

1. The IRS is especially interested in people who are self-employed and own small businesses. 

1. If the IRS thinks you’re a crook, they’ll challenge every receipt, statement and expenditure.