Monday, August 26, 2019

FTP2019 Update - On Funds Movement Reports (CTR, CMIR and SAR) (8/26/19)

As I explain on the page (at the right) titled 2019 Federal Tax Procedure Book & Updates, here, I will post updates, corrections, changes to the FTP Book Editions by blog entry rather than via a cumulative supplement.

The first Update is linked here.  A separate pdf with a table of contents showing all updates is here.  (Please note that, since this posting is the first Update, the only Update on the pdf is this one; I will generate a new cumulative update pdf as new postings are made; the most recent pdf with cumulative updates will be posted on the page to the right, titled "2019 Federal Tax Procedure Book & Updates," here.)

For a blog search that picks up all Updates through the tag FTP 2019 Updates, click here.  This search will first be sorted by relevance, but a reverse chronological presentation can be linked at the top.  The results will show all Update blogs.  (As of today's posting, there will be only one, but as others are added, the search will pick them all up.)

This update replaces the following section with discussion of Currency Transaction Report ("CTR"), Currency or Monetary Instrument Report ("CMIR") and "Suspicious Activity Report ("SAR").

Ch. 5. Returns
II. The Return.
A. Return Filing Requirement
2. Information Returns or Reports.
b. Commonly Encountered Information Returns.
(4) Currency Transaction Reports.

Practitioner Ed., pp. 157-158
Student Ed., pp. 107--108

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