Businesses Must Electronically File Form 8300, Report of Cash Payments Over $10,000, Beginning Jan. 1, 2024

This article was published by the IRS.  The Internal Revenue Service has announced that starting Jan. 1, 2024, businesses are required to electronically file (e-file) Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return. This new requirement follows final regulations amending e-filing rules for information returns, including Forms 8300. Businesses that [...]