Tax
Jul. 29, 2011
New tax form for retailers receiving credit card payments
Beginning in 2012, retailers will be required to report their credit card receivables for the calendar year and on a monthly basis. By William A. Kastin and Mark A. Ziemba of Snell & Wilmer LLP
Life's experiences all begin with a memorable "first." Remember, the first time you took the car out for a spin after receiving your driver's license? How about the first time you went to a music concert or ball game? Although less enjoyable, but equally as memorable, what about the first time you prepared or reviewed your first tax return? Arguably in an effort to build upon life's experiences, beginn...
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