Rates Current as of Friday February 10, 2012

« I work at a small company that has certain transactions for purchases be done with cash. Someone told me the company is asking for an IRS audit because they cash so many checks, is this true and how would the IRS know about the cash if they don’t audit the company first?

I owed my friend in another state some money and I sent a cashiers check, his bank has placed a hold on the money. I thought the purpose of the cashiers check was to have immediate guaranteed funds. Why would the bank do this? »

I have a cashiers check from a bank after an insurance settlement, the check is written as payable to just myself. Can I deposit this into my joint account or do I need to open a single account?

You should have no problem depositing the check to your joint account just as you would any other check that is written to either yourself or the other party on your joint account.

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I have a cashiers check from a bank after an insurance settlement, the check is written as payable to just myself. Can I deposit this into my joint account or do I need to open a single account?

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