I plan to make large amounts of wire transfers daily (which might be more than 10k) because I am a retail seller. Is there anything that I should keep in mind? For example, I heard transactions over 10k get reported to the IRS; maybe I should split my wire transfers when the total is over 10k?
My customers pay me directly through Zelle, and I wire that money to buy the goods for my customers.
I started buying stuff for a few friends, then more and more people wanted me to buy things for them. Unfortunately, I don't have a license. Do I need one?