Offer your thoughts or opinion on the input financial query or topic using your financial background.

Will depositing $10k+ checks each month raise red flags with the IRS?
I do not think banks have an obligation to report any deposits to the IRS, however, they probably have an obligation to report deposits exceeding certain threshold amounts to FinCEN. At least that's how it works in Canada, and we're known to model our Big Brother-style activities after our neighbour to the South.