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Reset Page KANSAS GOVERNMENTAL ETHICS COMMISSION R E C E RECEIPTS AND EXPENDITURES REPORT OF A CANDIDATE FOR STATE OFFICE JANUARY 10, 2008, FILE WITH SECRETARY OF STATE AND CANDIDATE IS COUNTY ELECTION
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RECE stands for Report of Cash Payments over $10,000 Received in a Trade or Business.
Individuals and businesses that receive cash payments over $10,000 in the course of their trade or business are required to file RECE.
RECE forms can be filled out online or submitted in paper form. The form requires information about the payer, recipient, and details about the cash payment received.
The purpose of RECE is to track large cash transactions to prevent money laundering and tax evasion.
Information such as the name, address, and taxpayer identification number of the payer and recipient, as well as the amount and nature of the cash payment, must be reported on the RECE form.
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