Legal Library

Ohio

Automobile

Dealers

Association

OADA Headlines

Industry News

Other News

OADA Newsletter

Dealership & Vehicle Graphics

Now offering Scotchprint Dealership graphics to create the ultimate image-enhancing sales atmosphere. Transform showrooms into show stoppers.

Learn More >

Dealer Investment Group

Protect your dealership by giving to DIG today! To print a copy of the contribution form for DIG click below.

DIG contribution form

More Legal Resources...

Dealer Licensing Law

Licensing Board Rules

CSPA and Rules

Replacement Parts

Lemon Law

Bankruptcy

Record Retention

For specific application, consult the complete published statute or your dealership attorney.

oada home > legal & government > legal library > IRS cash reporting

Legal Library

Frequently Asked Questions

IRS Cash Reporting

What are the penalties if a dealership doesn�t file a Form 8300?

There are civil penalties for failure to file a correct Form 8300 by its due date and for failure to provide a statement as required. Additional penalties apply for intentional disregard of the filing requirements. Criminal penalties may apply in the case of willful filing of false or fraudulent Forms 8300.

Please contact Charlie Howard of Sara Bruce regarding any legal questions you may have at (800) 686-9100.