P>It's like the law that no one knows about, but then they can come in and take your money based on this law. They definitely think it could happen to many hardworking and innocent businesses that don't deserve to have their money taken away. The IRS seized over sixty-eight thousand dollars from my checking account. They said they seized it on the civil forfeiture law and based it on the fact that they thought I was structuring. Until the day they came in, I had no idea what structuring was. He showed me a list of deposits on a piece of paper, claiming it was a consistent pattern of depositing under ten thousand dollars in the bank. My name is David Marketer. My business is Marketer's Bakery Incorporated. I'm one of the owners of this family business that started almost 100 years ago with my grandfather in 1919. We are located in Rhode Island, but we moved to Connecticut almost 60 years ago. We supply bread to a retail store and other customers who use our product. On May 1st, 2013, it was like a regular morning here when two armed agents pulled up to our business. They were from the criminal division of the IRS and said they had to ask me some questions and talk to me about our business. When I mentioned getting a lawyer, they dismissed the idea and brought in more agents. They separated my brother and me, and each group of agents started asking us all kinds of questions about our business. I felt like we were being held against our will for two hours, unable to call anyone or do anything. At the end of it all, they informed us that they had seized $68,382 from our checking account. I wasn't aware of structuring, and I...
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Video instructions and help with filling out and completing Which Form 2220 Deposits
