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-   -   legal question - how much can I? (https://gfy.com/showthread.php?t=160786)

debbieN 08-06-2003 12:08 AM

legal question - how much can I?
 
Money orders - how much can I get without Big Brother lookin at me?

Same for cash deposits

who knows this in the US?

:thumbsup

twistyneck 08-06-2003 12:10 AM

Report every dime. The IRS is not going to give a pornographer the benefit of the doubt.

Gemini 08-06-2003 12:13 AM

It used to be $9999.00 but with that Patriot Act etc, who knows what they lowered it to. The govt certainly won't say.

mailman 08-06-2003 12:15 AM

Quote:

Originally posted by Gemini
It used to be $9999.00 but with that Patriot Act etc, who knows what they lowered it to. The govt certainly won't say.
hey you.. long time no chat... :)

KRL 08-06-2003 12:17 AM

Money orders go up to $500. You can only purchase $2,500 per day from a single store.

Cash deposits depend on your business and the bank. Obviously if you own a large retail op you'll have a lot of cash everyday to deposit so it won't raise eyebrows.

But if you walk in and deposit over $10K in cash and you normally don't do that, again the bank is required to file a form with the IRS, although many banks don't because its too time consuming.

debbieN 08-06-2003 12:28 AM

thanks, I do own a vending machine company and 30+ water machines (pay for a gallon of water type),

Again, GFY is the best resource for info on the net!!!!!!!!!!!!!!!!!

:thumbsup

Gemini 08-06-2003 12:31 AM

Back-atcha Mailman! Haven't seen you on in ages. :)


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