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CFDietCoke t1_j24bmtc wrote

Reply to comment by Ansuz07 in Eli5: Why are matress and laundromat stores often used for laundering money by Jojojoost010

No they won't. You are trying to sound clever by thinking you "figured out a loophole" that disproves my statement.

Source: Owned 2 laundromats in my life. Was audited once. Never had to provide a utility report.

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Ansuz07 t1_j24bw8o wrote

I have two IRS agents in my family. If you think they won't look at supporting documentation if they don't think the numbers make sense, you are sorely mistaken.

Edit: They blocked me so I can't respond, but yes - they will absolutely look at utility bills if they think that cost to serve doesn't line up with the revenues reported.

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