Dental Practice Sale Dispute

Summary

Selling a dental practice with cash transactions over legal limits requires careful handling to avoid legal issues. Form 8300 reports cash over $10,000 to the IRS. Threatening to use this form may be seen as coercion. Consult a lawyer for advice on contract and tax matters.

Full Conversation

No thank you. I have already sent this to my lawyer.
It sounds like you have a complex situation on your hands, and it's great that you've already consulted with your lawyer. If you have any other questions or need general legal information, feel free to ask!