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U.S. IRS Announces that Businesses Must Electronically File Report of Cash Payments Over USD 10,000 from 2024

|Approved Changes|United States
United States

The U.S. IRS has announced that starting 1 January 2024, businesses are required to electronically file Form 8300, Report of Cash Payments Over USD 10,000, instead of filing a paper return.

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Businesses must electronically file Form 8300, Report of Cash Payments Over $10,000, beginning January 1, 2024

WASHINGTON —The Internal Revenue Service today announced that starting Jan. 1, 2024, businesses are required to electronically file (e-file) Form 8300, Report of Cash Payments Over $10,0…

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