IRS: Businesses Can File Cash Transaction Reports Electronically

Businesses that receive cash payments of more than $10,000 must report these payments to the IRS – it's the law.
Businesses that receive cash payments of more than $10,000 must report these payments to the IRS – it's the law.
The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric vehicles.
Mehdi and Saaed Moslem have been charged with tax and bank fraud after IRS and FBI investigators say they uncovered a scheme to hide — then inflate — income from their Upstate New York auto dealership.
Three members of the Tillery family of Beaumont, Texas, have admitted to operating a gambling and money laundering ring fronted by their buy here, pay here dealership and its holding company.
Join the conversation about President Trump’s proposed changes to the tax code with a dealer-oriented primer on corporate tax rates, capital investment deductibility, and the estate tax.
Accounting wiz explains why the LHPH contracts you sell to your related finance company don’t qualify for the same deduction you take on BHPH paper.
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