We have two accounts that are both dba as the same entity. For example, One Entity dba Your Convenience Store in Trust for Money Orders and Another Entity dba Your Convenience Store in Trust for Lottery Funds. There is one individual that signs on both accounts along with other individuals divided between the two accounts. The deposits to the money order account are a mixture of cash and checks, checks only, and cash only with occasional CTR reporting. The deposits to the lottery account are all cash and have not exceeded $10,000. On occasion combined cash deposits of both entities exceed $10,000.
Should these be considered as the same entity for CTR/SAR purposes?
Semiretired. Working parttime at Historic Westville as a tour guide.