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Simple English definitions for legal terms

cash-transaction report

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A quick definition of cash-transaction report:

Term: Cash-Transaction Report

Definition: A cash-transaction report is a form that banks and other financial institutions have to fill out and send to the IRS when they handle cash transactions above a certain amount. This helps the government keep track of large cash transactions and prevent illegal activities like money laundering.

A more thorough explanation:

A cash-transaction report is a form that banks and other financial institutions have to fill out and submit to the IRS. This form is also known as IRS Form 4789. It requires them to report any cash transactions that exceed a certain amount.

For example, if someone deposits $10,000 in cash into their bank account, the bank has to report this transaction to the IRS using the cash-transaction report. Similarly, if someone withdraws $15,000 in cash from their account, the bank has to report this as well.

The purpose of this report is to help the IRS keep track of large cash transactions and prevent money laundering and other illegal activities. By requiring financial institutions to report these transactions, the IRS can better monitor and investigate any suspicious activity.

cash tender offer | cash value

General

General chat about the legal profession.

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babycat

11:28

yeah it’s insane how much better hip flexor stretches can make you feel sometimes

EvolBunny

11:28

Probably the most important long term mobility thing you can do

1a2b3c4d26z

11:28

Pigeon stretch GOAT

1a2b3c4d26z

11:29

Stretching was probably the biggest factor in becoming elite in my sport tbh

1a2b3c4d26z

11:29

well mobility in general

m10

11:29

Nah you wanna be wound up tight like a clock. All your parts working in synchronization, never missing a second.

BulbasaurNoLikeCardio

11:30

When I get home I think I will pull up a youtube yoga video and lay out the mat by the fireplace now, feeling guilty I haven't been stretching properly

1a2b3c4d26z

11:30

tighter you are, more potential energy you have. Your body is a spring. It's just physics

m10

11:30

Exactly.

JumpySubsequentDolphin

11:30

yoga classes stress me out

WorthlessAttractiveZombie

11:31

W&L put their scholarship info on the portal for those who were admitted 11/12

m10

11:31

Gotta always be ready to release that energy. Like if I am in a fight at the bar, I just gotta bust out a couple punches. No stretching.

JumpySubsequentDolphin

11:31

the instructor will be like "forget all of the things that youre stressing about" which reminds me of all of the things im stressing about

BulbasaurNoLikeCardio

11:32

I am too competitive to do yoga classes with other people. Try to stretch better or further then hurt myself lmao I am beyond competitive in anything physical.

babycat

11:32

if you guys all pay me to be your lsat tutor I can afford to do Pilates classes

JumpySubsequentDolphin

11:32

hot yoga was fun

JumpySubsequentDolphin

11:32

i loved barre and pilates when i did them together

m10

11:33

Here's an article from Testosterone nation for all you men out there on why stretching is bullshit. https://archive.t-nation.com/training/stretching-is-b-s/

snow

11:36

M so close to crashing out

BulbasaurNoLikeCardio

11:36

@babycat: If the person I am mentoring decides to listen to my advice instead of just discussing my advice I will pay you to tutor her. You seem like a smart, good and well put together person that she can probably learn well from.

babycat

11:37

Aw that’s so sweet Bulbasaur <3

EvolBunny

11:39

@m10: stretching absolutely helps with tight tendons lol

EvolBunny

11:39

now kiss

m10

11:40

@EvolBunny: Indeed! I am just riffing. Practicing for when I get into Chicago and do standup there on the weekends and get mad pussy.

EvolBunny

11:40

You only do cardio on the weekends ;)

babycat

11:40

@m10: I have a friend that does this but he doesn’t get mad pussy

m10

11:40

I'll work that in! Sounds like a good way to segway.

m10

11:41

@babycat: yeah, well unlike 99.99% of people who do standup I will.

BulbasaurNoLikeCardio

11:41

To do stand up comedy you have to have fat balls, that is awesome

m10

11:41

Woah, I got little balls. Like Adam Friedland. I ain't no Stavros.

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