Certain businesses that receive payments of over $10,000 in cash must file Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business, electronically starting in 2024, the IRS ...
Beginning in 2024, businesses must e-file Forms W-2 and other information returns if the total number is 10 or more. Do you e-file your W-2s and 1099s? You might have to start, thanks to the new IRS e ...
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 ...
The Internal Revenue Service has revised Form 1024, "Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code," to permit electronic filing, and is ...
On November 7, 2024, the Internal Revenue Service (IRS) released Form 15620, Section 83(b) Election (“Form 15620”), standardizing the requirements to make an election pursuant to Section[1] 83(b) ...
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 ...