Industry NewsOpinion

Stiff penalties for tax cheats aren’t worth the risk

Perspective: Why real estate pros should pay taxes owed
Published on Mar 8, 2006

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by CareyBot

No one enjoys paying income taxes, but there are at least two good reasons why real estate professionals should play fair with the Internal Revenue Service and state taxing authorities this tax season.

The first and perhaps most compelling reason is that the stiff penalties for cheating aren't worth the real risk of being caught.

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