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 ...

Recently, compliance questions once again came to light where a business received $18,000 in cash to settle an account receivable. The business questioned whether it needed to file a Form 8300 (a 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 ...