Credit Card Processing

Is It Legal for Employers to Deduct Credit Card Processing Fees from Tips?

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In general, yes, it’s legal, except where prohibited by state or local laws. States that currently prohibit processing fee deductions from tips are California, Delaware, Maine, Massachusetts. According to Nolo.com, the law is not clear in two additional states: Kentucky and Montana. In the latter two states, existing laws regarding tips don’t specifically address credit …

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Business

Growing Your Business: Costs and Considerations of Business Expansion

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Of course, alongside opportunities there’s also risk. It’s important to manage that risk carefully and stay in control of any potential issues as you’re expanding. One of the biggest risks for expanding your business is the cost of entering a new market, and whether you can justify that cost by bringing in enough revenue. Before …

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Buying Groups

National Federation of Independent Business Review

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Group Name: National Federation of Independent Businesses (NFIB) Industry/Specialty (if applicable): Independent businesses Number of members: 325,000+ Website: http://www.nfib.com/ Sections of its website are dedicated to news, including updates on government policies and acts related to business. It also provides articles on a range of topics of interest to business, including marketing, holiday trends, taxes, …

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Buying Groups

Group Purchasing Solutions Buying Group Review

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Buying Group Name: Group Purchasing Solutions (GPS) Industry/Specialty (if applicable): No particular industry Number of members: 1,000+ Website: http://www.grouppurchasingsolutions.com/   How does the group work? There aren’t too many details on GPS’ website about how the group functions. What information there is seems pretty straightforward: members receive discounts on services and products. Like most group …

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Security and PCI Compliance

Trustwave Security Solutions

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Credit and debit card fraud is a multi-billion dollar crime industry, with issuers absorbing roughly 60% of the annual losses and businesses hit for the other 40%. Trustwave offers multiple services for businesses, but for the purposes of this article we’ll focus on PCI compliance and payment services. Introduction to Trustwave PCI Compliance Payment Services …

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