Form 8300 Compliance
Training & Certification
Online compliance training for businesses required to file IRS Form 8300 for cash transactions over $10,000. Covers filing requirements, structuring prohibitions, customer identification, and recordkeeping. Auto-generated certificates of completion.
Form 8300: The Cash Transaction Reporting Requirement
IRS Form 8300 is a federal reporting requirement for businesses that receive more than $10,000 in cash in a single transaction or in two or more related transactions. It is jointly administered by the IRS and FinCEN as part of the Bank Secrecy Act's cash transaction reporting framework.
Unlike Currency Transaction Reports (CTRs) filed by financial institutions, Form 8300 applies to non-financial businesses: car dealers, jewelry dealers, real estate professionals, attorneys, pawn brokers, and any other trade or business that accepts large cash payments.
Failure to file Form 8300 carries civil penalties of up to $25,000 per violation. Willful violations can result in criminal prosecution. Soflo's Form 8300 compliance training ensures your employees understand their filing obligations and can identify structuring attempts.
$10,000
Cash threshold
15 days
Filing deadline
$25,000
Max penalty/violation
What Form 8300 Training Covers
Who Must File Form 8300
Businesses required to file, IRS vs. FinCEN jurisdiction, and exemptions
What Triggers the Filing Requirement
$10,000 threshold, related transactions, and installment payments
Customer Identification Requirements
ID verification, TIN collection, and documentation standards
Structuring Prohibitions
What structuring is, red flags to watch for, and reporting obligations
How to Complete Form 8300
Field-by-field walkthrough of the form with common error prevention
Filing Deadlines & Methods
15-day filing rule, electronic filing via FinCEN BSA E-Filing, and customer notice requirements
Recordkeeping Requirements
5-year retention rule, what records to keep, and examiner access
Penalties for Non-Compliance
Civil and criminal penalties, IRS audit triggers, and enforcement trends
Which Businesses Need Form 8300 Training?
Any business that accepts cash payments over $10,000 must file Form 8300 — and train employees to recognize and report qualifying transactions.
Auto Dealers
Car, boat, and aircraft dealers receiving cash payments over $10,000
Jewelry Dealers
Jewelers, gem dealers, and precious metals dealers
Real Estate Professionals
Real estate agents, brokers, and closing attorneys
Attorneys & Accountants
Legal and accounting professionals receiving cash retainers
Pawn Brokers
Pawn shops and second-hand dealers accepting cash
Travel Agencies
Travel agencies and tour operators accepting cash payments
Auction Houses
Art, collectibles, and general auction businesses
Insurance Companies
Insurance agents and companies receiving cash premiums
Structuring Is a Federal Crime, Even With Legal Money
Structuring — breaking up cash transactions to avoid the $10,000 reporting threshold — is a federal crime under 31 U.S.C. § 5324, regardless of whether the underlying funds are from legal sources. Businesses that knowingly assist customers in structuring transactions face criminal prosecution.
Soflo's Form 8300 training teaches employees to recognize structuring red flags and understand their obligation to report suspicious cash transaction patterns — protecting your business from liability.
Form 8300 Training Plans
Fixed price. Instant access. Auto-generated certificates accepted by IRS and FinCEN examiners.
Training Only
Form 8300 training & certification
From $75/seat/yr
Annual subscription
- Form 8300 compliance video training
- Structuring recognition module
- Customer identification procedures
- Auto-generated certificate
- Employee progress dashboard
- Audit-ready training reports
Instant access · no sales call required
Training + Full Program
Form 8300 training + complete AML program
From $1,736/yr
Annual subscription
- Form 8300 compliance training
- Full AML/BSA training suite
- BSA risk assessment creation
- Custom AML policy manual
- Cash transaction procedures
- FinCEN regulatory update tracking
Instant access · no sales call required
Form 8300 Compliance Questions
Who is required to file Form 8300?
Any business that receives more than $10,000 in cash in a single transaction, or in two or more related transactions, must file IRS Form 8300. This includes car dealers, jewelry dealers, real estate professionals, attorneys, accountants, insurance companies, travel agencies, pawn brokers, and any other trade or business that accepts cash payments. Financial institutions file Currency Transaction Reports (CTRs) instead of Form 8300.
What is the deadline for filing Form 8300?
Form 8300 must be filed within 15 days after the date the cash transaction occurs. If the 15th day falls on a weekend or holiday, the form is due the next business day. Businesses must also provide written notice to the customer by January 31 of the year following the transaction.
What is structuring and why is it illegal?
Structuring is the practice of breaking up cash transactions into smaller amounts to avoid the $10,000 Form 8300 reporting threshold. Structuring is a federal crime under 31 U.S.C. § 5324, regardless of whether the underlying funds are from legal sources. Businesses that knowingly assist customers in structuring transactions can face criminal prosecution and civil penalties.
What are the penalties for not filing Form 8300?
Penalties for failing to file Form 8300 range from $250 to $25,000 per violation, depending on whether the failure was intentional. Intentional disregard of Form 8300 filing requirements carries a minimum penalty of $25,000 per violation. Criminal penalties for willful violations include fines up to $500,000 and imprisonment up to 5 years.
What does Form 8300 compliance training cover?
Soflo's Form 8300 compliance training covers: who is required to file, what transactions trigger the filing requirement, how to identify related transactions, customer identification requirements, structuring prohibitions and red flags, recordkeeping requirements, how to complete and file Form 8300, and penalties for non-compliance. Training includes a final assessment and auto-generated certificate of completion.
Is Form 8300 training the same as AML training?
Form 8300 compliance training is a component of a broader AML/BSA compliance program. Businesses that are required to file Form 8300 but are not classified as financial institutions under the BSA still need Form 8300 training. Businesses that are classified as financial institutions (like money services businesses or mortgage lenders) need full AML/BSA training that includes Form 8300 as one component.
Related AML BSA compliance training
Get Form 8300 Compliant Today
Online Form 8300 compliance training with auto-generated certificates. Accepted by IRS and FinCEN examiners. From $75/seat/year. Instant access.