Learn about deductible credit card fees for businesses and why individuals cannot claim them. Explore finance charges and tax-related processing fees eligibility.

A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...

Running a small business is tough, and dealing with credit card processing can make it even tougher. Many small business ...

(This story has been updated to correct a typo that resulted in a substantive error. The law allows employers to make deductions for credit card processing fees as ...

Every time a server drops a check presenter and you scrawl a tip on the credit card line, you are triggering a small but intricate financial system. Money moves from your bank to a processor, then to ...

ALBANY, N.Y. (NEWS10)— Restaurant and small business owners gathered in Albany calling for the passage of a bill that would save them money by getting rid of swipe fees on sales tax and tips. When ...

TOPEKA — National Federation of Independent Business lobbyist Dan Murray welcomed the opportunity to urge Kansas legislators to forbid credit or debit card companies from collecting swipe fees on tip ...

"Every time a customer visits one of my resorts and pays for the experience with a credit card, I’m on the hook to pay an interchange fee..." ...

Dan Murray, a lobbyist with the Kansas branch of the National Federation of Independent Business urged Kansas House members to consider adoption of a bill exempting the tax and tip portion of credit ...