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Tag: Form 8300

IRS Imposes E-Filing Requirements for Form 8300

Posted on August 29, 2023September 8, 2023

Businesses that receive more than $10,000 in cash must report transactions to the U.S. government. The IRS says this rule helps the government fight tax evaders, drug dealers, terrorists and […]

Posted in Construction, Small BusinessTagged cash reporting, cash transactions, electronic filing, Form 8300, IRS

Large Cash Transactions With Your Business Must Be Reported To The IRS

Posted on September 22, 2021September 22, 2021

If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. What are the requirements? Each person who, in […]

Posted in Internal Control, IRS, Reporting, Small BusinessTagged BSA E-Filing, FinCEN’s Bank Secrecy Act E-Filing System., Form 8300
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