Quote:
Originally Posted by baddog
You are screwing yourself tax wise.  |
K... I haven't registered a sole proprietorship business or corporate acc so Im in the same boat as this guy, what's better? can you give some examples with rough figures? (If you have time that is!
)
As far as the original question, BOA, WF and WAMU are all ok when it comes to check processing, I say it because I worked at a bank fairly recently (I'm now on my own
) .... banks have batch processing if you take a gazillion checks and if they do it one at a time they really have to deal with it, it's not your fault you are making money and other people arent, this doesn't raise any redflag either (unless most of your checks are bouncing)
Transactions which exceed 10K are logged "if and only if" you are making a cash deposit or buying a negotiable item for that much (cashier's check/bank check ..... money orders)
So you shouldn't be affraid to step up to a teller (tellers are paid around $10 an hour these days anyways... 13-15 for a teller supervisor....not to be confused with an operations supervisor which makes around 17-25 and hour)