The IRS has set many tax deductions and benefits in place for taxpayers. Unfortunately, some taxpayers who earn a advanced of income can see these benefits phased out as their income increases. But what will happen involving event a person happen to forget to report in your tax return the dividend income you received of one's investment at ABC credit union? I'll tell you what the interior revenue people will think. The internal Revenue office (from now onwards, "the taxman") might miscons...