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Archive by Month: February 2020

What Constitutes a “Cash” Transaction for Purposes of IRS/FinCEN Form 8300?

Articles/News

Posted on February 28, 2020

Most people are aware that cash transactions exceeding $10,000 must be reported to the federal government. However, there are many complexities to this rule of which most people are unaware, including the definition of what constitutes a “cash” transaction. As a result, if you believe that you may be required to file IRS/FinCEN Form 8300 in order to report a cash transaction, it is important that you consult with a Boston IRS tax lawyer prior to doing so.Read More

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