Business Financial Tax Updates
Required Reporting of Cash Receipts Over $10,000
Required Reporting of Cash Receipts Over $10,000 In general, businesses must report to the IRS cash transactions in excess of $10,000 on Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business within 15 days and the requirement cannot be avoided by splitting into multiple transactions. Before January Read more…