So out of curiosity, what if you run a business that just happens to generate $9K of cash regularly, for any reason?
Are you supposed to risk keeping it on premises until enough adds up, or you should tell the bank to file a CTR, or something else?
Are you supposed to risk keeping it on premises until enough adds up, or you should tell the bank to file a CTR, or something else?
In your example, the $9k deposits are perfectly fine. Although if you really always deposit $9k you’ll probably get some questions.
that's what mobsters get nabbed on, corrupt gvt officials etc. it's not difficult to prove anyone has tax evaded.