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If you deposit big amounts of cash that is $10,000 or more, your bank or credit union will report it to the federal government (IRS). This was apart of the Bank Secrecy Act, passed in 1970, and adjusted with the adjusted act in 2002. If, for any reason, you feel the need to avoid having your big cash deposit reported to the government, don't think that you are smarter than the IRA by t by breaking up your money into smaller deposits. That is called structuring, and the government will 1000% find
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