Map Shows Zip Codes Where $200 Transactions Could Trigger Federal Reporting
People transferring cash in California and Texas could be asked for personal information as part of a new Trump initiative to ...
Purdue University3y
Common Decline Codes
0808 Exceeds single transaction limit for MCC group at individual account level 0809 Exceeds single transaction limit for MCC group at corporate account level 0814 Exceeds account limit for number of ...
New financial reporting rules for some money services: See list of 30 ZIP codes affected
California and Texas ZIP codes could be impacted by a new financial reporting order from U.S. Treasury Dept. See the list, ...
New Trump Financial Reporting Rule Aims To Capture Cash Transactions As Low As $200
The Trump administration is seeking more information about your financial transactions—but only if you live in one of 30 ZIP ...
JD Supra17d
Newly Released Final Regulations on Partnership Basis-Shifting Transactions
On January 10, 2025, the United States Internal Revenue Service (the "IRS") released final regulations (the "Final Regulations") under section 6011 ...
JD Supra4d
FinCEN Issues Geographic Targeting Order to Require Certain Money Services Businesses to File CTRs for Smaller Transactions
On 11 March 2025, the Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) to require money services ...
Federal government targets cash transactions over $200 in border areas
The federal government is expanding its financial surveillance efforts, targeting cash transactions over $200 in select ...