<p>Speaking of which, did anyone see the article in the NYTimes about small businesses who made routine deposits under $10,000 on a regular basis (say, a restaurant or a doctor’s office where the proprietors might deposit daily or near-daily) and then the govt came after and confiscated their money because it looked as though they were trying to hide deposits of over $10,000? </p>
<p>I don’t believe for a minute ANY college really wants people walking in with $15,000 or whatever in cash. That’s asking for so much trouble. </p>
<p><a href=“Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required - The New York Times”>Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required - The New York Times;