IRS To Refuse Checks Greater Than $100 Million Beginning In 2016
Owe $100 million or more to the Internal Revenue Service (IRS)? Better write that check now. The latest edition of the Internal Revenue Bulletin, Bulletin No. 2015–36, dated, September 7, 2015, has this to say about the Federal Revenue’s new check policy. The Federal Reserve will not accept checks that are larger than $99,999,999.00 and…