if the irs is transfering money to a bank does it go through the federal reserve?
357658
The IRS does do a wire transfer, no actual cash is transferred.Wire transfers are nothing Moore than debits and credits on paper. they send the transfer notice to the fed,(there are 12 districts in the Federal reserve system)the fed will then debit the IRS and Credit your bank with a notice.They then place it in your account.
122972
Take it to the bank and deposit it.
671820
No it does not. Not even the bank is supposed to see what is inside. It is a secret and does not have to be reported as income or an expense, because it is not taxed.
111487
Depending on the grant usually they post who is giving the money and for what purpose. The feds have a website that I have listed its free and very informative
171060
Hmmm, can't you just take it to a bank where you have an account at?
214799
if you claim 0 they will take out  60.25 in fed tax. If you claim 1 they will deduct 50.73 in fed tax. IRS.GOV PUB 15 in the back are the tables
430696
The IRS will not take money from taxes unless a court orders it. More likely would be garnishment of wages, which, if your ex is employed can easily be handled by filling out some forms with the family services department at the court in your county.
149291
It goes to his estate.\n\n\nhttp://www.irs.gov/taxtopics/tc356.html
3919
If the amount is over $10000 the bank is required to file a currency transaction report which essentially starts a paper trail for the money. The bank can additionally file a suspicious activity report on any cash deposit that it deems to be suspicious.  For instance if you come in every day and deposit 9000 dollars, they are going to get suspicious.  The government won't ask you questions but you are required to disclose all income to the IRS, and if they do audit you and find through CTRs and SARs cash deposits you could be in trouble. \n\nHowever if this is an irregular deposit then it is not too much to be concerned about.  There are sections in the USA Patriot Act that detail the current guidelines on the filing of these forms.
473972
Good luck, I've been looking for a site where you find how much federal money that was sent to the individual states throughout the history of the united states.***
415327
At a financial institution, collected checks are are taken to a check sorter or MICR encoder.  This is a machine that prints MICR numbers at the bottom of each check for easy reading/processing by the Federal Reserve which clears the checks.  (You already have MICR numbers on checks:  Your routing and account number.  But, the MICR encoder will add additional numbers, specifically, the amount of the check.)\n\nThis is a largely mechanical process now, but there generally still is at least one person at the helm of a check sorter (the operator) to ensure the machine runs smoothly, jams are cleared, ensures the checks run through balance with the deposits declared, etc.
176486
Of course it does.  But actually it the American people who provide Washington money--through Federal taxes--and those dollars are "re-distributed" to the states and then to localities.
392695
It depends on where you live.  Go to www.irs.gov for the answer.
211987
Only the IRS knows the answer to your question.
293818
It's just your typical bureaucracy.  If you owed the IRS money, they would move quicker than a rabbit.
323169
http://www.federalreserve.gov/monetarypolicy/reservereq.htm
808621
It should do, if you set up a payment order if you have online banking, then you can transfer it in.