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Comment by bravesoul2 | Hacker News Reader

Lol. HN the famously "confidently incorrect" forum especially on-coding topics is not my lawyer.

And yeah if you want normal stuff like a house or car you'd need to wash the money. How do I know? Breaking Bad. Which lets be honest is probably for most of us, our only reference point here.

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The reason you do money laundering is because the source of the funds is illegal. If the source of the funds is legal, just claim it. There are plenty of occupations that get paid in cash and are expected to report it.

The IRS isn't referring suspicious (whatever that means) tax returns to the authorities. What happens if you are a criminal is that the authorities have there attention on you because you are doing illegal things. One angle of attack for them is your finances. That is why money laundering exists.

Maybe the reason is the other way around. To convincingly wash money you need a legitimate looking shell business. And it needs to pay tax for the reason any other bsmusiness does.

Just use your ill gotten gains slowly for your regular living expenses, or a portion of them. Let your legit money stack up. Don't cross contaminate the two. EZPZ very unlikely to get caught.

Hey now, for me it was late primary or early secondary school and the book "45+47 Stella St and everything that happened"[1]

[1] https://www.elizabethhoney.com/45--47-stella-street.html

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