Making multiple small cash deposits seems harmless, but it can raise red flags with the government. Here's what to know before heading to the bank.

Depositing money into your bank account safeguards the funds and makes them available for you to spend or withdraw when you need it. Deposits are an essential banking task, and there’s more than one ...

A reader emailed that she walked into her bank with a little over $5,000 from selling her car. She expected a quick deposit. Instead, the teller hesitated and asked a few extra questions. It wasn't ...

Cash is still king in plenty of everyday transactions, but once you walk into a branch with a thick envelope, the rules change in ways most customers never see. The real friction point is not a single ...

Deposits of over $10,000 are reported to the federal government -- but that doesn't mean you're in trouble. Be honest with your bank and don't try to avoid these reports. Make sure your bank even ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Despite digital banking’s rising ...

A Powhatan man pleaded guilty in federal court today to conspiracy to “structure” $10.2 million in cash deposits at banks to avoid government reporting requirements. Jayant J. Khare, 50, who admitted ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.