Replying to Depositing my tips everyday
Just wondering how bad/big of a deal it is for me to be depositing my tips I earn from valeting everyday into my bank account. Tips are usually $80-100 a day all cash, so if someone were to look over my bank statement, they would see cash constantly being deposited. I started getting a little paranoid about it so I bought a safe and have been stashing all of my tips at home. But I really would rather have all my money in my bank account. So honestly, do you think a valet is really at risk of being audited? Does the IRS ever check your bank account for constant cash deposits/would a bank ever report something like that?
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