I know, I know... I have been one of those sneaky under the table dancers for the last 7 years. This year I'd like to change that, due to requesting money for school etc.
I have always kept 90% of my money in cash in my closet. I have paid bills with money orders forever. I have a bank acct, but put very little into it. I don't have any credit cards and haven't opened any credit accts of any kind in three or four years.
I guess what I am asking is, if I want to get ahead and get legit, am I going to get audited for the past 7 years? What are my potential repercussions, or will I be ok? Or would it be better to continue on as I am for the next 18 months (when I plan on quitting)?
My SO is in finance and suggested a safety deposit box for my cash if I decide to stay under the radar saying it'd be safer than my closet. I'm seriously contemplating that because I am so damn scared of what may happen if I start reporting my income.
Help?



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