I am a freelancer that runs a small design business (LLC) and I have one client in particular that I regularly do more than $10k per month worth of business with. Sometimes I'll deposit a check for $14k in one shot. I have check stubs and a paper trail for all of this and file all of my tax returns properly and on time.
My concern is that because I'm often depositing more than $10k at a time that this is going to raise red flags with the government. Should I be concerned about this? I have never had any problems with the IRS and my income level has slowly but steadily increased over the past 10 years. I am a 38 year old homeowner and have XXX,XXX in the bank split between two checking and three savings accounts, one of them being a high yield savings account.