$10,000 in cash is the same as a $10,000 check, right? Not from the perspective of the IRS. If your business receives $10,000 in cash from a single transaction (or multiple related transactions), you’re required to report it to the IRS. (more…)
$10,000 in cash is the same as a $10,000 check, right? Not from the perspective of the IRS. If your business receives $10,000 in cash from a single transaction (or multiple related transactions), you’re required to report it to the IRS. (more…)