Regina Regina:
Well they've dropped the ball on this one.
No kidding. I didn't know of this practice or else I may well have been caught up in it.
I have a paycheck job and that money goes to my bank account via direct deposit. But almost all of my other business is cash and I usually use it for expenses or put it up at home just because I've got concerns about the US doing to bank accounts what's happened in the EU with 'haircuts'.
If I'd started depositing it then they'd seize it. The take-away here is to not deposit it even though I do declare every penny for tax reasons. Why risk having it seized?