If you routinely handle large amounts of cash, I'd get advice from a CPA, not from me.
Generating a CTR is not a big deal. I'd imagine tens of millions are generated on a daily basis.
Much better to generate routine CTRs than to get caught trying to avoid them by structuring and or engaging in activities that will result in Suspicious Activity Reports.
It's not the State Troopers you have to worry about. It's the corrupt podunkville pd that gets a good deal of its funding from asset forfeiture. Have fun explaining your civil rights to them, and then their cousin the judge, who is married to the sheriffs sister.
Doesnt matter. First off I know how corrupt not just the PD is in this country, but all of government. Secondly, it doesnt matter how corrupt they are, they wont be able to search my car without a warrant. Most of the people who get their cash seized on the road is because they gave into fear or got tricked into letting the cops search their car or maybe they were intoxicated and cops took advantage of the situation to get into his car somehow once again either by tricking the guy or just using illegal actions.
Your car is like your house, no search warrant, no entry, simple. And if a cop never searches your car, he will never know you had money to begin with. End of story. It seems to be Oklahoma is my biggest threat for civil asset forfeiture? Maybe ill just avoid that state. I also wont be answering any questions that can lead the cop to believe i have any money on me such as where i am traveling. If I say las vegas, then the suspicion will begin.
Here's what really happens when they want to steal your money:
1) pull you over and ask to search
2) you deny them
3) they hold you there until a second unit arrives which WILL BE A K-9 unit
4) the dog makes a "false hit"
5) cop now has a reason to make a search without a warrant
Don't be so naive.
Im aware of the dog trick they use. That's what i exactly stated before though and i mentioned if i just act politely with the cop that im just traveling and they have no right to search my car without a warrant and didnt do anything wrong, am i free to go? Maybe even scratch the warrant part as i might come off as a dickhead to the cops.
So much for America the Free? Still laugh at all the idiots celebrating every July 4th. Well I guess it's time to get my camera out and my mount and set it up in my car. Wont do much anyway in the short term as all the cash will be seized, but better than nothing.
I can't recall an instance where someone said no to a search and the cops obliged. Not saying it hasn't happened, but I've never heard of seen of it.
It's just best to stay out of those particular areas.