Receive More Than $10,000 in Cash at Your Business? Here’s What You Must Do

form 8300 for large cash business transactions

Does your business receive large amounts of cash or cash equivalents? If it does, you’re generally required to report these transactions to the IRS — and not just on your tax return. The requirements Each person who receives more than $10,000 in cash in one transaction (or two or more related transactions), in the course […]