$10,000 or More

money

Businesses in the U.S. and U.S. territories must file Form 8300 to report any cash payment in excess of $10,000.00.  The form must be filed within fifteen (15) days of the transaction.  Some examples of businesses that often have to file this form are jewelry stores, furniture stores, boat stores, automobile dealerships, real estate brokers, insurance companies, and even attorneys.  IF you are facing a tax problem, contact our office at www.Hoorfarlaw.com or 816-524-4949.

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