Senate committee hears 'penny bill' to allow permissive cash rounding after minting stops Substitute House Bill 2,334 would permit asymmetrical rounding of in-person cash transactions after the U.S. Mint stopped producing pennies; sponsors and retailers said it offers needed guidance while staff cited a $186,000 one-time cost for the Department of Licensing to implement related changes.

A new "penny bill" in Washington could change how we handle cash transactions, allowing sellers to round totals and avoid the hassle of pennies altogether!

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#WA #EconomicGuidance #CitizenPortal #ConsumerProtection #CashTransactions

Myth: you can skip logging petty‑cash sales. ❌ Reality: every cash receipt/payout must be recorded or you’ll distort cash flow, miss deductions, raise audit risk & skew profits. ✅ Log every cash move within 24 h, keep receipts, reconcile monthly. #Bookkeeping #MythBustingMonday #CashTransactions

Committee approves law to allow cash rounding when pennies are unavailable The panel approved CS for HB 951 to allow retail cash transactions to be rounded to the nearest 5 or 0 cents when pennies are not available; sponsors clarified pennies remain legal tender and credit-card transactions are unchanged. The committee adopted an amendment that defines cash transactions and clarifies treatment of money orders and gift cards.

Florida's latest bill could change how we handle cash transactions, rounding totals when pennies run dry—will this make your shopping experience smoother?

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#FL #ConsumerProtection #CitizenPortal #EconomicPolicy #CashTransactions

The Federal Board of Revenue (FBR) has clarified there is no 20.5% tax on cash sales above Rs. 200,000, dismissing circulating reports as false.

#FBR #PakistanBudget2025 #TaxPolicy #CashTransactions #DigitalPayments

When your team be pushing limits!! #hardmoney #investorsonly #cashtransactions