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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.

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Q: Is it legal to charge employees credit card processing fees?
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Is it legal to invoice in Canadian funds but charge that amount in US funds on your credit card?

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.


Why do some companies charge different prices for cash and credit purchases?

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.


Can you tell me how to handle a credit card charge off that is over 8 years?

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.


Is it legal for an employer to charge a fee for taking local taxes out of your check?

Absolutely "NO". They cannot charge to withhold taxes. They can charge to withhold a garnishment if instructed by the court.


How do small businesses report clients to the credit bureau?

Consult with a debt collector. They have the legal qualifications to report to credit reporting agencies.

Related questions

Is it legal for merchants in Alabama to charge a credit card processing fee?

No.


Is it legal to charge customers a processing fee for using credit card in a restaurant?

Yes .


Is it legal to charge a credit card without authorization?

Yes, why not


Is it legal in the state of Pennsylvania for a private club to charge a convenience fee on a credit card charge?

It is legal, but against the Merchant Agreement that the club would of signed to process credit cards.


Is it illegal in Florida to charge a fee for using a credit card?

No, but it is legal to steal whatever you want.


Is it legal for a doctor to request a credit card number for their records to charge for missed appointments?

Yes.


Is it legal to charge customers for credit card expenses under five dollars?

Yes, the credit card business is a very serious business.


Is it legal for a credit card company to lower your credit limit below your balance then charge you an over the limit fee?

no it isn,t you can ue for that offence if they did


Is is normal for a bank to charge two legal order fees on one legal order?

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.


You had a credit card which went in to collections in 2002 and was sold to another company - originally your debt was 2000 but now it is 5500 - Is this legal?

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.


Is it legal to invoice in Canadian funds but charge that amount in US funds on your credit card?

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.


Can you be sued after a bill was charged off on your credit record?

Yes, a 'charge off' does not invalidate the debt nor the legal rights of the creditor to collect that debt.