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re: IRS shuts down mom and pop dressmaker

Posted on 7/9/17 at 9:52 am to
Posted by Strannix
District 11
Member since Dec 2012
49159 posts
Posted on 7/9/17 at 9:52 am to
quote:

The law says you can't deposit over $10,000 in cash without proper documentation. If you make several $9,000+ deposits you are still in violation. Gotta love the IRS.


frick structuring laws, I just wouldn't put the money in the bank at all, get a floor safe or deposit box
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