Banks and "Large" transfers

Discussion in 'Taxes and Accounting' started by bookish, Sep 5, 2019.

  1. bookish

    bookish

    I don't really like the idea of having a single large (millions) wire transfer come in to a bank account.

    I also don't like the idea of splitting it up to different banks, lest the sender get confused.

    Anyone have much experience with this? What are your suggestions?

    Good ways to cut taxes?
     
    Last edited: Sep 5, 2019
  2. zdreg

    zdreg

    Your post is too vague to deserve a reply, other than to get a good accountant.
     
    Last edited: Sep 5, 2019
    trader99 likes this.
  3. speedo

    speedo

    Those transferring millions do not ask advice from anonymous forums populated liberally with fools and trolls.
     
    dealmaker likes this.
  4. Feel free to transfer it into my account. I'll make sure it gets through safely.
     
    wrbtrader likes this.
  5. mukoh

    mukoh

    Do not trust the Kenya king Tut Tut Quinwa he ripped me off. The other Kenyan one is good though, waiting for his wire ;)
     
  6. wrbtrader

    wrbtrader

    I want one of those big doobies that the OP is smoking. :cool:

    wrbtrader
     
    athlonmank8 likes this.
  7. Just fill out the treasury form 8300 if its cash...a wire no problem. Don't split it up to avoid....it can still get seized.
     
    dealmaker likes this.
  8. gaussian

    gaussian

    Could you imagine flexing this hard on a trader forum.

    LOL.
     
    dealmaker likes this.
  9. traider

    traider

    bitcoin has solved all your problems!
    or monero if you are dark
     
  10. bookish

    bookish

    Did you hear the story about the guy that told a nigerian scammer to go screw, but it turned out it was not a scammer and the guy lost out?
     
    #10     Sep 9, 2019