Beginning January 1, 2024, businesses that file 10 or more information returns must e-file Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return. For those with fewer information returns, e-filing Form 8300 is still optional. To file electronically Form 8300, a business must set up an account with the Financial Crimes Enforcement Network's BSA E-Filing System. The IRS will ensure the privacy and security of all taxpayer data.

Starting from January 1, 2024, businesses are mandated by the Internal Revenue Service (IRS) to electronically file Form 8300, Report of Cash Payments Over $10,000, instead of submitting paper returns.