Vital Signs: New IRS Reporting & What It Means for You

A new draft of section 6050W of the IRS Code will soon require credit card processors (also known as merchant service providers) to report every merchant's annual credit and debit card processing activity to the IRS each year. Read on to discover how this will affect your business and what you should do in the coming year.

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  • by Sat Dec 10, 2011

    This is good information to have more than a year before implementation. It will make compliance stress-free.

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