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 ...

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 ...

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 ...

The Tax Court recently held that an auto dealership did not establish reasonable cause for its failure to file and furnish information returns for cash payments it received of more than $10,000, as ...

The IRS recently made changes to Form 8300, and effective for all transactions occurring after June 30, 2011, the new version of the form should be utilized, according to Dixon Hughes Goodman. The ...