Form with which a corporation may resolve to obtain a credit card for busniess purposes for a specific officer.
Credit Card Form Statement With Processing Fee In Massachusetts
Category:
State:
Multi-State
Control #:
US-0045-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Q: How should businesses notify customers about convenience fees? Businesses must clearly and conspicuously notify customers about convenience fees before the transaction is completed. This can be done through ample signage in-store, clear messaging during online checkout, or verbally over the phone.
Credit card fees are not deductible for individuals and are deductible for businesses. Businesses can deduct all credit card fees as well as finance charges. Businesses are eligible to deduct credit or debit card processing fees associated with paying taxes, but individuals are not.
However, surcharging debit card transactions or prepaid cards, even when charged with a signature debit, is illegal. In the United States, there are two states and one territory where credit card surcharging is not legally allowed: Connecticut, Massachusetts, and Puerto Rico (as of January 2023).
