Here's What Happens if You Deposit More Than $10,000 in Cash Into Your Bank Account
Cash deposits of over $10,000 must be reported to the federal government. You shouldn't have any problems, though -- just ...
American Banker13dOpinion
It's time to do away with the obsolete currency transaction report
Once a helpful tool for law enforcement, CTRs have become next to useless in the fight against money laundering. It's time to ...
U.S. News & World Report1mon
7 Tax Rules to Know if You Give or Receive Cash
There are different rules and reporting requirements depending on whether cash is income or a gift, how much money changes hands and if you're the giver or receiver. “It’s not just cash ...
If You Deposit a Lot of Cash, Does Your Bank Report It to the Government?
These companies are also required to report deposits. If, for some reason, you want to avoid having your big cash deposit reported to the government, don't think that you can get around the ...