I am a fairly small yet still profitable vendor. I work a job as well to pay my bills legally. I know nothing about money laundering and for that reason I do things this way.
I want to go to college part time and start working towards a degree, but I hate my legal job and work the near the minimum to cover expenses. paying via bank account would require I cut into my monthly good goy allowance.
would paying part time college tuition (a few thousand $$$ every few months) using unclaimed cash somehow get me audited? I have never been a student so I don't know how any of that works.
I know it sounds silly I just don't want my whole operation to come crumbling down because I get audited for cash payments on a degree I don't really even need.
in a more general sense - how "safe" is using dirty cash, in terms of IRS/other alphabetmen? I recognize buying a house with dirty cash might get the taxman's attention, whereas buying a new computer won't. but what about things with value between the two, things that have to be registered in one way or another. a car? a boat? guns? utility bills? your rent? plane tickets? that sorta shit.
I have heard that "changes" to your spending are greater flags than anything else. ie, you suddenly start buying expensive shit whereas previoulsy you were poor as fuck. but the flipside of the spectrum would be you suddenly stop buying groceries or eating out, whereas you did frequently before. ie things you might have now started doing with unclaimed cash instead of your bank account.
thanks in advance for any insight.
I wouldn't think paying tuition at a small community college would raise any red flags. As long as you're not trying to cash-pay at Yale or some place like that, I'd say you're probably good.
As far as using your dirty funds goes... Just about the only thing you can do with it if you're not laundering is pay for your everyday life while still staying within your legally-gained means. Basically, you could pay for food and gas, and perhaps your rent and normal bills as well if they can be paid in cash. You wouldn't be able to buy any big-ticket items like a brand new Tesla or a house. As long as you don't do anything flashy with the money, nine out of ten times, nobody will care where it came from.