07/28/2008
I received a bank execution against an individual. The only account we had was a sole proprietorship using the individual's Social Security number. Everything I read tells me the individual is responsible for business debts, but is the opposite true?
03/17/2008
Is it possible to have the same EIN and SSN? I researched irs.gov and could not find anything that addresses this. We have a customer with a SSN and an estate account with the same EIN.
10/01/2007
How would you complete a currency transaction report for a family trust using the settlor's SSN? What about using the EIN of the trust?
10/01/2007
FinCEN researched SAR filings referencing credit union cooperatives for the period June 2004 through March 2007.
10/01/2007
Research identified 78 depository institution SAR narratives involving covered cooperatives and terms related to fraud, scams, or money laundering that did not solely involve unconfirmed structurin
10/01/2007
Several facts about the 78 depository institution SARs and 10 SAR-MSBs with cooperative narrative references appear noteworthy.
02/12/2007
How should a CTR be completed for DBA account?
09/11/2006
We need to open up a donation account for a young boy who has cancer. Would the best way to do that be to put the boy on as primary owner with his social security number and add whomever they want to act as the person handling the account as joint or would they just be authorized signers? I am assuming that most of the checks would be made out to the "boys name cancer fund" OR would this type of account need it's own EIN #?
09/04/2006
I have a new account for a Non-Profit Unincorporated Association that is wanting to use the TIN of their For-Profit Sponsor. Shouldn't they be applying for their own TIN?
07/10/2006
Is a CTR required if there was less than $10,000 in cash deposited into a personal acct and less than $10,000 in cash deposited into that individual’s business acct, which has a different Tax ID, but together they total over $10,000 in a single day? Would it only be required if we knew the deposits were brought in by the same conductor?