Forum Discussion
tdiller
Feb 17, 2017Explorer
Cash is great but now with the IRS reporting rules what happens when you attempt to deposit that $10,000 cash in your account? Yep you will draw lots of attention and have to 'splain yourself. Now days it'd be a wire transfer buyers bank to mine. May still have some splaining to do but it'll be a lot easier.
If you are a business cash deposits are not that bad but an individual walking in and depositing large amounts of cash raises eyebrows.
If you are a business cash deposits are not that bad but an individual walking in and depositing large amounts of cash raises eyebrows.
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