Internal Revenue
Service
IRS 8300
This is a term that everyone should know something about.
Every transaction over $10,000 in cash must be reported to the IRS
with this form. Every business must file this form on every
transaction that qualifies. If you are a consumer who pays cash
for a large transaction. You need to know this form will be sent to
the IRS. Banks have been doing it for years.
Watch out dealers, you are in the IRS sites for audits on 8300
reporting. Cars*Plus
software does do IRS 8300 reporting.
More from the IRS
