What a joke. So if a legitimate business takes in a lot of cash they shouldn’t put it into their bank business account to avoid money laundering charges?
I know that the fascists want businesses to avoid cash, but this is just going to lead to under-reporting.
Anyone know if bit-coins would help in this situation?
I don’t know if bit coins would help much, since they are becoming darn near illegal.
The IRS’ defense is to tell everyone to stop using cash and rely on debit and credit cards instead of so much cash.