If you receive over $10,000 in cash during two or more transactions with one buyer in a 24-hour period, you must treat the transactions as one transaction and report the payments on Form 8300. More ...

Please see guidance found here. A PI may request cash to pay human subjects. This advance requires a monthly reconciliation which must include a subject identifier, date, and dollar amount disbursed.

MGM Resorts International has agreed to a $45 million settlement following two data breaches that exposed customers' personal ...

A payment app or online marketplace like Zelle, Apple Pay, Cash app, etc., must send you a Form 1099-K if the payments you received for goods or services total over $5,000. However, they can send ...

The House Commerce Committee has unanimously approved legislation designed to make cash an acceptable form of payment for ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting requirements affect your taxes in 2024.