Detailed text transcripts for TV channel - FOXNEWS - 20150416:10:46:00
Well ask judge andrew napolitano. >> unfortunately, it is legal. and unfortunately it can happen to almost anybody the irs wants to target. >> what law? >> theres a law that prohibits structuring. heres what structuring is. if you deposit $10,000 in any bank account the bank has to report that to the federal government and the irs. >> theyre looking for drug dealers and money laundering. >> precisely. in order to avoid that, instead of depositing $10,000 you deposit $99.99,999 the irs can still ...
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