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U.S. IRS Issues Reminder for Businesses to Report Large Cash Transactions

|Approved Changes|United States
United States

The U.S. IRS issued a reminder on 26 February 2021 for businesses to report large cash transactions and also to encourage e-filing.

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IRS reminds businesses to report large cash transactions; e-file encouraged

IR-2021-47, February 26, 2021

WASHINGTON — The Internal Revenue Service today reminds businesses of their responsibility to file Form 8300, Report of Cash Payments Over $10,000, and encourages e-filing to help them file accurate, complete forms.

Although many cash transactions …

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