non interest bearing checking accounts, no matter the balance it is never reported to the IRS. safe deposit boxes work well if you are on good terms with someone at a "smalltown" type bank. contribute to a 401 or other retirement account monthy, in the event of your untimely demise your family will have something to remember you by.
RDC-3 said:
Ok
So you would put your money in ANOTHER account(say a money market/savings at another bank) that is seperate from your checking accout??...........by doing this it would not be related to your checking account and earn 5%+ interest as compared to a much lower interest that you would get with your checking account.
guys this is a great question...so are your saying that all your neteller or citadel echeck transactions would not be reported/noticed either if they go directly to a non inerest bearing checking account? i have been using a neteller card and keeping my cash in a safety deposit box. i have been trying to limit the number of transactions to my checking account due to thinking someone would see the transactions eventually. and i do pay my taxes with my job....not with my offshore action
i have transfered a good mid 5 figures some into my checking account from neteller and echecks from my offshores in the past 6 months....
i have transfered a good mid 5 figures some into my checking account from neteller and echecks from my offshores in the past 6 months....
In the FINANCIAL FORUM.......
http://forum.therx.com/showthread.php?t=438256
ps- by the way, if you want to stash cash away at home, I've heard through the grapevine that burying it at the bottom of an aquarium is a good place..............which certainly seems better than under the mattress.
http://forum.therx.com/showthread.php?t=438256
ps- by the way, if you want to stash cash away at home, I've heard through the grapevine that burying it at the bottom of an aquarium is a good place..............which certainly seems better than under the mattress.
