Henry Wallace!!!! (Reply #15) - Democratic Underground

In the discussion thread: IRS Seizes Over $100,000 From Innocent Small Business Owner, Despite Promise To End Raids [View all]

Response to HenryWallace (Reply #11)

Tue May 5, 2015, 07:48 PM

billhicks76 (5,082 posts)

15. Henry Wallace!!!!

You are wrong. There is a law that says if you try to evade reporting requirement of cash deposits of $10,000 or more by depositing under that amount multiple times then that is called "structuring" and is a felony that carries 10 years in prison. It's used all the time.

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Replies to this discussion thread

28 replies	Author	Time	Post
IRS Seizes Over $100,000 From Innocent Small Business Owner, Despite Promise To End Raids [View all]	azurnoir	May 2015	OP
I had no idea selling sandwiches to catfish was that lucrative. n/t	jtuck004	May 2015	#1
It's them 1%-er fat-catfish that pad the profits. nt	appal_jack	May 2015	#4
Lucrative?	Kelvin Mace	May 2015	#6
From the story...	jtuck004	May 2015	#7
Yes,	Kelvin Mace	May 2015	#8
"selling sandwiches to catfish"	greyl	May 2015	#14
Ah,	Kelvin Mace	May 2015	#16
Catfish aren't picky customers though, they will pretty much eat any sandwich you throw at them	snooper2	May 2015	#20
107,000 in 13 years is lucrative? n/t	A Simple Game	May 2015	#10
I guess Sheldon isn't the only one. Take care. n/t	jtuck004	May 2015	#12
It's not.	Dr. Strange	May 2015	#17
Another terrible side effect of the drug war. n/t	iscooterliberally	May 2015	#2
Not the drug war this time	jamzrockz	May 2015	#21
The Bank Secrecy Act is from 1970. What other law was introduced that year?	iscooterliberally	May 2015	#23
This is why people hate IRS	CanonRay	May 2015	#3
A friend of mine who was an auditor for the IRS for many years	LiberalArkie	May 2015	#5
I think I've seen this very story before	jmowreader	May 2015	#9
This is a "non-story!!!"	HenryWallace	May 2015	#11
Why have you made such a guess as to his situation?	muriel_volestrangler	May 2015	#13
I remain you humble servant!	HenryWallace	May 2015	#19
boggles the mind.	Jesus Malverde	May 2015	#26
Henry Wallace!!!!	billhicks76	May 2015	#15
I remain you humble servant!	HenryWallace	May 2015	#18
No	billhicks76	May 2015	#24
As always, I am your humble servant!	HenryWallace	May 2015	#25
Lulz	Jesus Malverde	May 2015	#27
Welcome to DU	cbdo2007	May 2015	#22
Truth?	Jesus Malverde	May 2015	#28

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