Merchant Services & Credit Card Processing | Square Payments
Merchant Services & Credit Card Processing | Square Payments
Jan 1, 2009
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9 Merchant Account Requirements Business Owners Need To Know
9 Merchant Account Requirements Business Owners Need To Know
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Michelle Cook on Instagram: "Heads up Sch C filers! If you’re taking tips outside of a merchant processor that’s going to issue you a 1099-K, you might want to think twice. In 2026, the IRS has said they will only allow the tip deduction if it’s reported on a 1099-K, which are typically issued by the company you use to process client credit cards. Technically you’re still allowed to take cash tips. You just can’t claim the tips deduction if you do. 👎 Something to consider is you have to meet th
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Michelle Cook on Instagram: "Heads up Sch C filers! If you’re taking tip…
8.8K views2 months ago
Instagramsmallbusinesscpa
Mark Masa on Instagram: "Merchant statements are an essential tool you can use to show business owners how much they are being robbed by the banks with a traditional pricing structure! Once you’ve built rapport, you have access to asking for things like merchant statements. I teach how to read merchant statements, as they are very confusing to the untrained eye. Follow for more!"
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Mark Masa on Instagram: "Merchant statements are an essential tool y…
586 views1 month ago
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What is reconciliation in bookkeeping.” Definition: Reconciliation compares your general ledger to a bank, credit card, or processor statement. Boundary: It’s not a forecast or projection — it’s backward-looking confirmation. Context: Strong reconciliation habits reduce surprises and support clean year-end books. #bookkeeping #smallbusiness #financialliteracy #businessfinance #reconciliation
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