1. 01-29-13 11:05 AM #1
    Scorpion
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    CC Payments to be Reported to the IRS

    http://taxes.about.com/od/businessta...dreporting.htm
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  2. 01-29-13 11:53 AM #2
    tto827
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    The article was written in 2010.....
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  3. 01-29-13 11:56 AM #3
    Big Bear
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    saloon
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  4. 01-29-13 12:54 PM #4
    Scorpion
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    it seems it applies only to merchants
    http://6050w.com/index.html
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  5. 01-29-13 02:19 PM #5
    Russian Rocket
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    Quote Originally Posted by tto827 View Post
    The article was written in 2010.....
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  6. 01-29-13 04:53 PM #6
    thunderous
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    Quote Originally Posted by Scorpion View Post
    it seems it applies only to merchants
    http://6050w.com/index.html
    Yes it is. I own a retail business and my processor reports to IRS how much money was put into our account
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  7. 01-29-13 05:00 PM #7
    TheMoneyShot
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    Yes, it's about all businesses. Not even gambling related. I own a business. The processor reports what the terminal dumps in your business (bank) account... so that you can't hide cash. So, when you balance end of the year numbers... everything jives together.
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  8. 01-29-13 05:07 PM #8
    Russian Rocket
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    Quote Originally Posted by TheMoneyShot View Post
    Yes, it's about all businesses. Not even gambling related. I own a business. The processor reports what the terminal dumps in your business (bank) account... so that you can't hide cash. So, when you balance end of the year numbers... everything jives together.
    Money u tell them
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  9. 01-29-13 05:08 PM #9
    Emily_Haines
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    Quote Originally Posted by thunderous View Post
    Yes it is. I own a retail business and my processor reports to IRS how much money was put into our account
    You should encourage people to pay with cash

    i.e. 10% cash discount
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  10. 01-29-13 05:12 PM #10
    Russian Rocket
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    Quote Originally Posted by Emily_Haines View Post
    You should encourage people to pay with cash

    i.e. 10% cash discount
    I thought u were all about America- what a fukked up advice u can give to someone about 10% cash discount
    Last edited by Russian Rocket; 01-29-13 at 05:15 PM.
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