One reason the self employed have a harder time with stated income is that they run a MONSTER amount of expenses (justified and unjustified) through their companies, leaving them with little taxable income at the end of the day….I have no sympathy for them….I personally see people I know using their business credit cards to do their shopping, buy X-mas trees, go on vacations, etc. and who knows what else….Good thing I am not a rat..
