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The horrible thing is that if you do maintain several business accounts and aren't careful about how you handle transfers between them you could be accused of s
by golemotron 9y ago
The horrible thing is that if you do maintain several business accounts and aren't careful about how you handle transfers between them you could be accused of structuring.
- tome 9y agoStructuring?
- dllthomas 9y agoStructuring is arranging your transactions with the intent of avoid additional oversight that would otherwise be required by law. For instance, if you know there's a rule that says every transaction over $X must be reported, so you split your $(3X) deposit into three separate deposits of size $X.