Can a business deduct credit card fees from Tips?
Yes. As long as this deduction is either A) uniform one rate for all employees or B) based on the actual rate charged for each transaction.
In high average check restaurants, this is a fairly common occurrence.
if your credit card is Canadian and you go to the USA your purchases will be charged in US funds, if your credit card is American and you come to Canada you purchases will be in Canadian funds.
Cash is an acceptable form of compensation to pay all debts, public or private, "legal tender". Credit is only an equivalent. Merchants charge higher prices for credit in order to defray some of the costs associated with accepting credit cards. A merchant (grocery store, shoe store, etc.) decides independently if they will accept credit cards as a form of payment for goods and services rendered. Once a merchant makes this decision, he/she must then pay a series of other businesses (equipment lease to swipe the credit cards, payment processor to coordinate the actual account debits and credits, etc.) a small amount for every transaction paid by credit card. Many merchants do not charge more to accept credit, as they consider it just another cost of business. Many merchants also do not charge more for credit card purchases because it is prohibited in their Merchant Agreement , and they could lose the entire ability to accept credit cards if they are caught doing it. Visa, however, does allow its merchants to offer a "cash discount" off the marked price, but not a credit premium, so the customer is never charged more than the marked price.
credit cards are considered written contracts and in most states have a SOL for legal recourse. If the debt is 8 years old and beyond your states SOL than most people choose to walk away from the debt for two main reasons, 1. it can't report to your credit file with the CRA's and you can't be sued.
Absolutely "NO". They cannot charge to withhold taxes. They can charge to withhold a garnishment if instructed by the court.
Consult with a debt collector. They have the legal qualifications to report to credit reporting agencies.
No.
Yes .
Yes, why not
It is legal, but against the Merchant Agreement that the club would of signed to process credit cards.
No, but it is legal to steal whatever you want.
Yes.
Yes, the credit card business is a very serious business.
no it isn,t you can ue for that offence if they did
Generally banks don't charge such fee twice on same legal order , however if it has happened , than you can contest this and get your fee back , banks charge fee usually to offset the cost incurred in processing such requests from different government agencies. Such legal orders usually come in the form of IRS levies and state levies in USA.
Is it legal? That depends on how they are calculating the $5500. The creditor is entitled to charge you whatever interest rate you agreed to pay in the credit card agreement.
if your credit card is Canadian and you go to the USA your purchases will be charged in US funds, if your credit card is American and you come to Canada you purchases will be in Canadian funds.
Yes, a 'charge off' does not invalidate the debt nor the legal rights of the creditor to collect that debt.