Key Takeaways - If You Deposit a Lot of Cash, Does Your Bank Report It to the Government? Depositing $10,000 or more in cash means your bank or credit union will report it to the federal government.

Of course, cash is income. However, cash tax forms are rarely required. You must file IRS Form 8300, if your business receives over $10,000 in cash from one buyer in a single transaction or ...

Tax filing season starts on January 27th, with this year’s season bringing some new requirements, according to Tyler CPA Juan Martinez.