your local scrap yard claims all of their expenditures against their reported income. which means they are reporting all of your sales as as an expenditure. they report that to the same irs that you are not reporting your income to.



the irs requires you to report that income.

simply because you have not been located with in the system to date, does not mean you will not be. the irs is working on cross referencing expenditures. and you are liable for any past unreported taxes, penalty's and interest.

many states require the yard to generate a 1099 for any accumulated sales exceeding $600. if your state has not done that yet, any bet that they will in the near future?

the govt has noticed that there is a large amount of money passing hands and they have not collected income tax on it. do you really think that one of our politicians is going to allow that to continue?