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#1049582 - 09/24/08 06:38 PM CTR - Employer cashing payroll checks
Compliance Mom Offline
Junior Member
Joined: Apr 2003
Posts: 45
Tennessee
We have business customers cashing multiple payroll checks for employees, each check under $10k, but total of all exceeds $10k. A CTR was completed on individual transacting, but should we also list each employee for whom a check was cashed? They benefited, right?

Seems like this should be obvious, but completing a CTR with 20 Section A's? Surely I'm missing something.....

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#1049599 - 09/24/08 06:45 PM Re: CTR - Employer cashing payroll checks Compliance Mom
AuditorK Offline
Platinum Poster
Joined: Feb 2003
Posts: 962
PA
There is an almost exact discussion of this topic that I started a few weeks ago. A search should find it for you.

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#1049730 - 09/24/08 08:13 PM Re: CTR - Employer cashing payroll checks AuditorK
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 39,641
Cape Cod
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#1049773 - 09/24/08 08:49 PM Re: CTR - Employer cashing payroll checks John Burnett
AuditorK Offline
Platinum Poster
Joined: Feb 2003
Posts: 962
PA
Thanks John - that'd be the one!

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