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11/26/2010

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L Schulz

I have been conflicted about whether to report someone for an illegal daycare and unreported income. She recently made a FB post that she is closing it, after 20 years. I feel guilty that I never said anything. She was doing everything you talk about: charging much less than legitimate providers to get the business, and having them not take the credit so she could get away with not reporting the income. Would the IRS still want to know? I didn't realize it was going on for so long. 20 years is a lot of income.

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