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Old 08-17-2009, 08:17 PM
davestlouis's Avatar
davestlouis davestlouis is offline
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Join Date: Dec 2005
Location: Cincinnati, OH
Posts: 571
That's one nice thing about having cash flow where the biggest thing I can pay cash for is a Snickers bar...no red flags with the IRS for large cash transactions. I was under the impression that anything over $10K has to be reported on some sort of form. I have a life insurance license, and part of what we do as part of our training is look for money laundering. Cash is always a red flag.
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