Receiveing money, Logistics and tax question

[J M.]

I need to know how would you approach the following scenario.

You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.

Logistics wise, would it be better that he just wires the money to my bank vs going to a local branch and depositing the check into my personal checking at my bank? what would you choose?

What are the implications for me for depositing such amount? Would that be considered a profit? He is not a us citizen, whereas I am. I know abut the gift tax, but if he does not report taxes in the US, why would he pay any for this gift right?

Will I have the IRS asking me how or why I got this money? What if the amount was 120k? would that make a difference?

Anyone?