2007-11-05 03:32:56 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Any cash transaction or aggregate of smaller transactions over a short period of time that exceeds $10,000 is reported to the US Treasury. The IRS isn't directly interested in the transactions per se, but is the agency tasked by the Treasury Department with collecting the information.
2007-11-05 04:29:18 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Not only the $10,000 the others have listed, but any transaction that a financial institution may consider to be suspicious.
2007-11-05 12:41:55 · answer #2 · answered by Tim 7 · 0⤊ 0⤋
No limit. It is cash transactions of $10,000 or more that are reported.
2007-11-05 11:37:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
can we say "aiding and abetting?"
2007-11-06 00:59:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋