Re: Tax related question
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I agree. Anything under 10K is not required under the law (unrecorded transactions). There are times when you may be asked, because of suspicion of structured transactions to show ID. I've always asked the cashiers one very pointed question --
"I have no legal reporting requirements -- you may or may not have reporting requirements -- I don't know. Are you telling me right now that you're not going to honor this debt?"
End game.
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As of 7/1/07 this amount decreased to $3000 for casino cage transactions. It was posted at most of the vegas casino cashier cages during the WSOP.
Jimbo
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