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re: IRS shuts down mom and pop dressmaker

Posted on 7/9/17 at 10:02 am to
Posted by Jorts R Us
Member since Aug 2013
14930 posts
Posted on 7/9/17 at 10:02 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.


The IRS doesn't write the Regs, though.
This post was edited on 7/9/17 at 10:03 am
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