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 ...

Certain businesses that receive payments of over $10,000 in cash must file Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business, electronically starting in 2024, the IRS ...

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Forbes contributors publish independent expert analyses and insights. Amber Gray-Fenner covers individual and crypto taxation and IRS news. Businesses who accept cryptocurrency as payment were ...

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 ...