CORRECTION

An editing error created an inaccuracy in the December issue of this column.

This statement, as published, is incorrect: “A dealer must report on IRS form 8300 the receipt of cash and cash equivalents (such as money orders, traveler's checks, and cashier's checks) that exceed $10,000 either individually or in total.”

This statement, as originally written by Michael Charapp, is correct: “A dealer must report on IRS form 8300 the receipt of cash and cash equivalents (such as money orders, travelers checks, and cashiers checks in the face amount of $10,000 or less) which, when totaled, exceed $10,000.”