Isn't that what NFCs are for?

NFC is near-field communication, a system your bank cards and modern smartphones use for transmitting data over very short distances.

Maybe you’re thinking of NFS? ;)

NFS is network file system, a system for computers to access files from other computers over a network.

Maybe you're thinking of NFL?

NFL is the national football league. They play a game called football even though they seem to be carrying the ball with their hands, most of the time. Seems important in the US…

Maybe you're thinking of NFV?

Network firewall virtualization certainly could be built on top of a new microkernel in Rust, such as this one, and it may gain some benefits in correctness — but looking at its site, the datacenter networking space doesn't really seem to be part of Redox's core ambitions.

Perhaps you're thinking of NAFTA?

NAFTA was the North American Free Trade Agreement.

This was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. Even if you could make use of it, it ended in 2020.

Perhaps you're thinking of NFO?

NFO is the National Farmer's Organization, an American farmer's organisation with the stated goal of obtaining higher prices for farm produce

perhaps you're thinking of .nfo?

NFO is the National Farmer's Organization, a producerist movement founded in the United States in 1955.

Perhaps you're thinking of NeWS?

Non-Fungible Crap^hTokens

Pardon my ignorance: what does IRS have to do with money laundering?

The IRS is responsible for checking if you are paying the correct amount of taxes, and a component of that is knowing what income you have and where it comes from - since tax depends on the source of income typically (you have to pay different amounts of tax on money you got by selling shares versus money you stole from a shop).

This is how they managed to finally bust Al Capone, and probably other untouchables.

They'll obviously look into how your business has developed over the past years, compare expenses and income, also to other businesses from the same field, and see if something seems odd.

So, starting to book lots of income without scaling expenses etc. will likely raise suspicion and lead to further investigation which can then be passed to law enforcement.

Money laundering can be seen as spending a lot of effort to pay tax on your criminal earnings.

If you managed to launder it in a way that the IRS will accept it and the cops don't notice, you've succeeded and now have spendable money.

Someone who launders money has two ways of handling that on their taxes:

1. lie about it, and commit tax fraud

2. tell the truth about it, and document their laundered money

So? You can just invest more into the laundering infrastructure.