Sorry, IRS no longer accepting $100M checks

If you owe the government $100 million or more, you now have two problems.

Starting next year, the IRS will no longer accept checks for more than $99,999,999. CNNMoney reports taxpayers or businesses that owe  in excess of that amount will have to break the payment up into two or more checks or transfer the money electronically via Fed Wire to cover the debt. Any checks exceeding the limit will be returned.

The IRS hopes to reduce errors through the move. The government does not have processing equipment necessary to handle more than seven figures and must be manually processed, hence, increasing the chance for error.

Last tax season, only 14 checks totaled over $100 million.

Read more from CNNMoney.