Taxes put Al Capone away. Further inquiring will pull all of Joes Taxes for audit. They will prob see thousands of under 10k deposits to foreign banks. Joe's tax prep will prob squeal.
Nah man- the amount of money they’re talking about structuring wouldn’t even be feasible - it’ll be large sums through shell corps meant to look legit. Structuring with 9k deposits is literally the easiest to catch. I had a client caught for 5 9k deposits to a euro bank- wasn’t even doing anything illegal
Taxes put Al Capone away. Further inquiring will pull all of Joes Taxes for audit. They will prob see thousands of under 10k deposits to foreign banks. Joe's tax prep will prob squeal.
Nah man- the amount of money they’re talking about structuring wouldn’t even be feasible - it’ll be large sums through shell corps meant to look legit. Structuring with 9k deposits is literally the easiest to catch. I had a client caught for 5 9k deposits to a euro bank- wasn’t even doing anything illegal