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<p>[QUOTE=&quot;masterswimmer, post: 7850752, member: 102022&quot;][USER=37995]@coin0709[/USER] what you&#039;re describing would be the ideal way to launder money. Just trade your illicit dollars for bullion.</p><p><br /></p><p>The IRS wants their share of your profits no matter how you pay. Cash is no different than checks, CC, debit card, crypto currency or rabbits feet. Don&#039;t report your transaction and get jammed up if you&#039;re caught. Not to mention all your other transactions will be open for further scrutiny.</p><p><br /></p><p>The IRS code states that if you have profits selling illegal drugs on the street corner you need to report it and pay your taxes on it. We all know that&#039;s ludicrous yet it&#039;s written in the tax code. Don&#039;t think for a moment your scenario is a loophole because it&#039;s cash. On the contrary, it&#039;s scrutinized even moreso because it is cash.[/QUOTE]</p><p><br /></p>

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