Re: Neteller and the IRS
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To answer the OPs question. If you make EFTs deposits into your personal checking account - the actual amount of dollars per time period varies from bank to bank - then the bank will report you to the Treasury Dept. and you may get a visit from very large men who carry guns. Other triggers are round deposits ie $5,000 or large ie. $9,700. If the deposits are into a commercial business account and are typical invoice types of numbers ie $8,236.91 then generally this will pass without a flag.
If you are making large sums and not paying the IRS you 1) will eventually get caught and 2) will not enjoy spending a vacation paid for by taxpayers at your local federal resort.
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You also forgot the part where if the OP makes withdrawals in round amounts in order to avoid rasing red flags and gets caught, it is a federal crime called structuring.
Just pay your taxes man.
- Jags
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