Fund Transfer - The Supercar Registry

02-14-2007, 06:07 PM

SS427

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Re: Fund Transfer

I was also recently told by my bank that at $5000 they are required to submit a document to the IRS. I would agree Marlin, $5k transactions today are very much common place and the IRS would be overwhelmed. I do as many as 10-15 of these a year easily though I have documents to back everything up. I think this could be another one of those, "keeps the honest, honest and the dishonest, scared"?

Rick

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Rick Nelson
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specialized in (only real) LS6 Chevelle restorations

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