I understand that we are not required to file a CTR on a business if their employees cash their payroll checks that total over 10,000.00 for multiple people; however is it best to exempt the business if they meet the exemption requirements? what is good practice on this issue?
Al, that was my thinking on this matter however I need some verbage to back up this, you know were I can get it because it not an any regulation that I can find.