TER General Board

IRS is linked with Square
Annalise_Canada See my TER Reviews 788 reads
posted
1 / 9

What is the opinions of using a square reader for transactions ?  Or is there other options for credit card processing in the U.S.

I'm not a VIP member, so please leave all answers here :)

perfectstorm 19 Reviews 235 reads
posted
2 / 9

You should have the free limited provider VIP, which allows you to send and receive PMs. If you can't, then contact admin and ask them to fix it.

Annalise_Canada See my TER Reviews 251 reads
posted
3 / 9
Annalise_Canada See my TER Reviews 178 reads
posted
5 / 9

I can appreciate the need to keep funds from our loved ones.

Anonymity is possible with this source of payment.  I have placed it as payment to "Oil Change" - cheeky and true.  

Gentleman says, "Yes honey my oil change cost 300, I got the full meal deal.

Zak0326 33 Reviews 215 reads
posted
6 / 9

I messed with Square to open up money funds. Fast forward to July of last year I got audited by the IRS you have to pay taxes if you swipe over a certain amount. This does get reported. I would proceed with caution.  

Posted By: Annalise_Canada
What is the opinions of using a square reader for transactions ?  Or is there other options for credit card processing in the U.S.  
   
 I'm not a VIP member, so please leave all answers here :)

sailor66 14 Reviews 120 reads
posted
7 / 9

I guess that would be partially true- I mean, he DID get his dipstick cleaned!

Annalise_Canada See my TER Reviews 128 reads
posted
8 / 9

.... R I G H T ...  

hahaha
Posted By: sailor66
I guess that would be partially true- I mean, he DID get his dipstick cleaned!

Jezhabel See my TER Reviews 98 reads
posted
9 / 9

I use square and love it.

I have a business account with Chase bank and they offer the same thing but since they charge the same 2.7%
I never had reason to switch.  

I have an LLC so billing is very discreet

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