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<p>[QUOTE=&quot;Owle, post: 830015, member: 22004&quot;]I was talking with ICTA the other day about a few cash transactions in coins/bullion, and my taxes. No CPA has given me any warnings about the need to file certain forms in doing taxes, except the basic tax forms when paying taxes. For example, I was given over 10K in cash last fall at the Baltimore show. ICTA told me IRS/CID goes after failure to file 8300 forms and cash structuring. </p><p>&nbsp;</p><p>Here are a few convictions in the Constitution State recently on &quot;structuring&quot; crimes: </p><p>&nbsp;</p><p><a href="http://www.justice.gov/usao/ct/Press2010/20100217-1.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.justice.gov/usao/ct/Press2010/20100217-1.html" rel="nofollow">http://www.justice.gov/usao/ct/Press2010/20100217-1.html</a></p><p>&nbsp;</p><p><a href="http://www.justice.gov/usao/ct/Press2010/20100216.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.justice.gov/usao/ct/Press2010/20100216.html" rel="nofollow">http://www.justice.gov/usao/ct/Press2010/20100216.html</a></p><p>&nbsp;</p><p><a href="http://www.justice.gov/usao/ct/Press2010/20100301.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.justice.gov/usao/ct/Press2010/20100301.html" rel="nofollow">http://www.justice.gov/usao/ct/Press2010/20100301.html</a></p><p>&nbsp;</p><p>It could be that these cases have other &quot;crime&quot; tie-ins, I have none. However,&nbsp; it might be wise to get the one 8300 form filed for a cash transaction where I deposited the cash in my bank account.</p><p>&nbsp;</p><p>I spoke with Ed Brown&#039;s coin dealer recently--you know the guy who had a stand-off with the FEDs over taxes--he went to jail for a long, long time. The coin dealer probably followed most of the laws in dealing with him.&nbsp; ICTA cited Silvertown&#039;s troubles for not filing certain 8300 forms.[/QUOTE]</p><p><br /></p>

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