Must Report Cash Receipts of More Than $10,000

If you receive more than $10,000 in "cash" in 1 transaction (or 2 or more related transactions) from a customer, it must be reported to the IRS on Form 8300, or you may be fined and/or criminally prosecuted. The form is required to be filed within 15 days of the receipt of the cash. If you receive cash payments, contact us for further information and assistance with filing this form.