No checks, please: IRS no longer takes checks for $100M

Owe the tax man $100 million or more? Your check is no good at the IRS. Starting next year, the IRS says it will reject all checks for more than $99,999,999. That's because check-processing equipment at the nation's Federal Reserve banks can't handle checks that big. Checks of $100 million or more have to be processed by ...

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No checks, please: IRS no longer takes checks for $100M

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