{"id":124,"date":"2016-08-10T09:30:27","date_gmt":"2016-08-10T14:30:27","guid":{"rendered":"http:\/\/courtroom.com\/?p=124"},"modified":"2020-08-04T14:59:12","modified_gmt":"2020-08-04T19:59:12","slug":"cash-is-king","status":"publish","type":"post","link":"https:\/\/www.courtroom.com\/blog\/cash-is-king\/","title":{"rendered":"Cash Is King &#8230; Sometimes"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-527 size-medium\" src=\"https:\/\/www.courtroom.com\/blog\/wp-content\/uploads\/2016\/08\/PZ_cash-is-king-300x300.jpg\" alt=\"stacks of cash describing the Banking Secrecy Act\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.courtroom.com\/blog\/wp-content\/uploads\/2016\/08\/PZ_cash-is-king-300x300.jpg 300w, https:\/\/www.courtroom.com\/blog\/wp-content\/uploads\/2016\/08\/PZ_cash-is-king-150x150.jpg 150w, https:\/\/www.courtroom.com\/blog\/wp-content\/uploads\/2016\/08\/PZ_cash-is-king-120x120.jpg 120w, https:\/\/www.courtroom.com\/blog\/wp-content\/uploads\/2016\/08\/PZ_cash-is-king.jpg 479w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><br \/>\nby Michael Pezzulli<\/p>\n<p><strong>The phrase \u201cCash is King\u201d evokes warm feelings from most people in the business world.<\/strong> However, anyone engaged in business must understand that failing to follow the rules imposed by the U.S. federal government will create a situation where cash is definitely not king.<\/p>\n<p>How you handle cash can define whether you are a law-abiding citizen or are guilty of a federal crime. Whether your money was earned honestly is irrelevant. What really matters is how you deposit or withdraw your money at your local bank.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.courtroom.com\/blog\/cash-is-king\/\"  title=\"Continue Reading Cash Is King &#8230; Sometimes\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>by Michael Pezzulli The phrase \u201cCash is King\u201d evokes warm feelings from most people in the business world. However, anyone engaged in business must understand that failing to follow the rules imposed by the U.S. federal government will create a situation where cash is definitely not king. How you handle cash can define whether you [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":527,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,91,103,84,101],"tags":[7,16,8,24,9,25],"class_list":["post-124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-business-ethics","category-civil-lawsuit","category-commercial-litigation","category-fraud","tag-banking-law","tag-banking-secrecy-act","tag-currency","tag-johnny-s-gaskins","tag-structured-transactions","tag-structuring-financial-transactions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cash Is King ... Sometimes &#8212; Texas Law Updates &#8212; August 10, 2016<\/title>\n<meta name=\"description\" content=\"by Michael Pezzulli The phrase \u201cCash is King\u201d evokes warm feelings from most people in the business world. However, anyone engaged in business must &#8212; August 10, 2016\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.courtroom.com\/blog\/cash-is-king\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cash Is King ... Sometimes &#8212; Texas Law Updates &#8212; August 10, 2016\" \/>\n<meta name=\"twitter:description\" content=\"by Michael Pezzulli The phrase \u201cCash is King\u201d evokes warm feelings from most people in the business world. However, anyone engaged in business must &#8212; August 10, 2016\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.courtroom.com\/blog\/wp-content\/uploads\/2016\/08\/PZ_cash-is-king.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Law Office of Michael F. Pezzulli, PLLC\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cash Is King ... Sometimes &#8212; Texas Law Updates &#8212; August 10, 2016","description":"by Michael Pezzulli The phrase \u201cCash is King\u201d evokes warm feelings from most people in the business world. 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