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CARDINAL ROUND-UP 11th ANNUAL STAG AT MAGGIE'S PUB DATE: FRIDAY, SEPTEMBER 3, 2010, PLACE: MAGGIE'S PUB (562-693-4671) 11900 Telegraph Rd, Santa Fe Springs, California 90670 (South Side of the Street,
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What is cardinal round-up?
Cardinal round-up is a process by which financial institutions round up transactions to the nearest whole dollar and report the rounded-up amount to the government.
Who is required to file cardinal round-up?
Financial institutions are required to file cardinal round-up.
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To fill out cardinal round-up, financial institutions must round up each transaction to the nearest whole dollar and report the rounded-up amount.
What is the purpose of cardinal round-up?
The purpose of cardinal round-up is to track and report small transactions for regulatory purposes.
What information must be reported on cardinal round-up?
Financial institutions must report the rounded-up amount for each transaction.
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