But sin, taking occasion by the commandment, wrought in me all manner of concupiscence. For without the law sin was dead.
Internal Revenue code, 26 U.S.C. 6050I:
Returns relating to cash received in trade or business, etc.
(a) Cash receipts of more than $10,000
Any person -
(1) who is engaged in a trade or business, and
(2) who, in the course of such trade or business, receives more than $10,000 in cash in 1 transaction (or 2 or more related transactions), shall make the return described in subsection (b) with respect to such transaction (or related transactions) at such time as the Secretary may by regulations prescribe. . . .
I'm spending many hours learning about tax crimes. I already knew about the requirement that you had to report business cash transactions of more than $10,000, but I never really thought that failure to do that would be a felony. But it is:
26 U.S.C. 7203:
Willful failure to file return, supply information, or pay tax.
Any person required under this title to pay any estimated tax or tax, or required by this title or by regulations made under authority thereof to make a return, keep any records, or supply any information, who willfully fails to pay such estimated tax or tax, make such return, keep such records, or supply such information, at the time or times required by law or regulations, shall, in addition to other penalties provided by law, be guilty of a misdemeanor and, upon conviction thereof, shall be fined not more than $25,000 ($100,000 in the case of a corporation), or imprisoned not more than 1 year, or both, together with the costs of prosecution. In the case of any person with respect to whom there is a failure to pay any estimated tax, this section shall not apply to such person with respect to such failure if there is no addition to tax under section 6654 or 6655 with respect to such failure. In the case of a willful violation of any provision of section 6050I, the first sentence of this section shall be applied by substituting "felony" for "misdemeanor" and "5 years" for "1 year".
Before I ran across this, I never had a desire to deal in cash transactions over $10,000. But now I have a perverse desire to do this every day. Of course, I would file the required form each time just to add to the work of the Treasury Department.
Paul was right, "Nay, I had not known sin, but by the law: for I had not known lust, except the law had said, Thou shalt not covet."
Thank God I don't have $10,000 cash with which to go around transacting.