Now Your Visa & MasterCard Receipts are Taxed!
- Wednesday, July 20, 2011, 22:39
- Entrepreneurs
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Did you know that any business owner taking credit or debit card transactions will be required to report their revenue to the IRS each and every year beginning in 2011. The threshold for this reporting is: a merchant’s total payment transactions for the year exceeds $20,000 and the total number
http://blogs.forbes.com/thesba/2011/07/15/now-your-visa-mastercard-receipts-are-taxed/
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