not true
not true
Banks dont report checks over any certain amount . They do a SAR on CASH transactions only
Before you give out insight know what you are talking about
Banks dont report checks over any certain amount . They do a SAR on CASH transactions only
Before you give out insight know what you are talking about
Im going to tell you that what you posted above is total 100% horseshit.
What is an "unknown company"?
You posted something as a fact that isnt a fact. Your facts are wrong. Banks dont report ANYTHING on a check of ANY size, especially to the IRS. Banks also dont report anything on wires to the IRS because of size.
If banks had to report checks of 10K or higher to the IRS, what do you think the IRS would do with all of those reports? Are you kidding? Why is the IRS concerned with checks? It doesnt report INCOME, and that is what they IRS is concerned about. Think about a company that has 500 incoming 10K checks, and 500 outgoing 10k checks. You mean to tell me that the IRS is going to get 500 "reports" from the bank, when that company made a net zero profit? Please....
Get a clue, and only post facts if you know that they are true.
Im going to tell you that what you posted above is total 100% horseshit.
What is an "unknown company"?
You posted something as a fact that isnt a fact. Your facts are wrong. Banks dont report ANYTHING on a check of ANY size, especially to the IRS. Banks also dont report anything on wires to the IRS because of size.
If banks had to report checks of 10K or higher to the IRS, what do you think the IRS would do with all of those reports? Are you kidding? Why is the IRS concerned with checks? It doesnt report INCOME, and that is what they IRS is concerned about. Think about a company that has 500 incoming 10K checks, and 500 outgoing 10k checks. You mean to tell me that the IRS is going to get 500 "reports" from the bank, when that company made a net zero profit? Please....
Get a clue, and only post facts if you know that they are true.
i dont think it, i know it. vanzack is right
i dont think it, i know it. vanzack is right
You and your friend are morons. Good luck with that.
As for your information, it is once again false. You havent posted a single fact in this thread. Bank wires are not reported anywhere at 10K. Besides sourcing your "friend", why not google it and source it for us.
I will wait.
You and your friend are morons. Good luck with that.
As for your information, it is once again false. You havent posted a single fact in this thread. Bank wires are not reported anywhere at 10K. Besides sourcing your "friend", why not google it and source it for us.
I will wait.
So your source is another posting forum, of a random guy posting something on the internet? Please.
They dont report wires to the IRS without specific cause. They dont report 10K in cash to the IRS - you cant even get that right. 10k in cash is a FINCEN report (google it dope), it is not an IRS form and doesnt show INCOME.
Look - I realize that it is urban legend that 10K gets reported to the IRS, but try not to be dumb all of your life and try to learn something. Go educate yourself. And dont trust me just like you shouldnt trust your post above - go google it.
And I will wait here for you to show me one single law, regulation, or anything regarding 10K wires being sent to the IRS. My prediction is this thread will be very quiet......
So your source is another posting forum, of a random guy posting something on the internet? Please.
They dont report wires to the IRS without specific cause. They dont report 10K in cash to the IRS - you cant even get that right. 10k in cash is a FINCEN report (google it dope), it is not an IRS form and doesnt show INCOME.
Look - I realize that it is urban legend that 10K gets reported to the IRS, but try not to be dumb all of your life and try to learn something. Go educate yourself. And dont trust me just like you shouldnt trust your post above - go google it.
And I will wait here for you to show me one single law, regulation, or anything regarding 10K wires being sent to the IRS. My prediction is this thread will be very quiet......
Giving up? Already?
So far in this thread you sourced: your friend, a poker message board, and your friends mom.
I think that says it all along with the fact that you still cant reference a single source. One would think that this would be widely available considering it is a law, but its strange you cant find it.
Back to bed junior. You have been owned.
Giving up? Already?
So far in this thread you sourced: your friend, a poker message board, and your friends mom.
I think that says it all along with the fact that you still cant reference a single source. One would think that this would be widely available considering it is a law, but its strange you cant find it.
Back to bed junior. You have been owned.
Dont you want to quote your grandmother on banking laws?
How about referencing your girlfriends sister on tax code?
Dont you want to quote your grandmother on banking laws?
How about referencing your girlfriends sister on tax code?
Honestly you should never have 10k at any offshore gambling site. Most sports gambling company limit their check withdrawals to 3k to 5k max. Because of the way it has to be processed before it reaches you. Wires are the safest way for you to get your money and fastest. You shouldnt be concern with raising any red flags. We all gamble they all know it. Only thing that illegal is that banks cant know that they are processing the money from a sport gambling site. They have third parties anyway for that kind of stuff so no worries. The online gambling law bullshit anyway. There so many loopholes its a joke.
Honestly you should never have 10k at any offshore gambling site. Most sports gambling company limit their check withdrawals to 3k to 5k max. Because of the way it has to be processed before it reaches you. Wires are the safest way for you to get your money and fastest. You shouldnt be concern with raising any red flags. We all gamble they all know it. Only thing that illegal is that banks cant know that they are processing the money from a sport gambling site. They have third parties anyway for that kind of stuff so no worries. The online gambling law bullshit anyway. There so many loopholes its a joke.
no idea what you're talking about
youre gonna tell me that they dont report a 10K check or above from an unknown company? okay, keep thinkin that
no idea what you're talking about
youre gonna tell me that they dont report a 10K check or above from an unknown company? okay, keep thinkin that
Wouldnt it have been easier to just skip this thread instead of trying to pretend you knew what you were talking about and making yourself look like an ass?
Wouldnt it have been easier to just skip this thread instead of trying to pretend you knew what you were talking about and making yourself look like an ass?
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