 |
|
|
|
New Currency Transaction Report |
|
|
|
|
By: Jennifer Kramer
The Department of Treasury’s
Financial Crimes Enforcement Network (FinCEN) has
released a new Currency Transaction Report (CTR)
form – FinCEN
From 104 – which replaces
the Internal Revenue Service’s CTR From 4789.
The new form is available for use; however, banks
may continue to use IRS
From 4789 until August 31,
2004.
For more information, including instruction on completing
the FinCEN Form 104 online and through magnetic media,
go to here.
Contact Nichols,
Cauley & Associates by Email, phone,
or online form
with your questions.
Site visitors should keep in mind that
the content is generally designed to be of general
applicability. Particular state laws, regulations
and special contractual provisions can greatly impact
rights, responsibilities and legal obligations. Only
a competent attorney, accountant or other professional
looking at all the pertinent facts and circumstances
of a particular situation can provide definitive
guidance for you. Please refer to our important legal
discalimer which can be accessed from the bottom
of any BankAudit.net webpage.
|
