Merchant Account Alerts

I I’ll avoid stating why I think they’re doing this, cough… Durbin… cough, cough…., but starting in April 2012, Visa has added a new charge to all merchant accounts. These additional fees are fixed per month, and are based on a merchant’s business type and the number of location or volume they process. In the mix [...]

In the thick of the IRS reporting madness, the IRS has formally made a statement with regard to the new IRS reporting rules. In a letter to the National Federation of Independent Business, the IRS said Wednesday it would not require retailers and others to explain how and why their business income differs from their [...]