Cannabis businesses that regularly transact in cash need to strongly consider creating an internal policy to ensure that the Form is regularly completed and filed. The cannabis business is busier than ...

Under U.S. law, any individual or business who receives more than $10,000 in one transaction or a series of related transactions, while conducting their trade or business, must report it to the ...

Business clients need to know that many companies will be required to start to electronically report cash payments over $10,000 starting Jan. 1. Federal law requires a person to report cash ...

The Internal Revenue Service is telling companies they will need to start electronically filing their forms reporting cash payments over $10,000, starting Jan. 1, 2024. Processing Content The IRS said ...

Pop quiz: What counts as more than $10,000 in cash in the eyes of the Internal Revenue Service and must be reported on Form 8300? Those in dealership F&I offices are often confused on this point, ...