If you are processing taxes on your merchant account, you should know the latest industry standards. Whether you are a restaurant, retailer or service provider, you may have to assess sales tax on transactions.

As policies change and government rules go into effect, being able to properly account for taxes is critical.

As a long-time advocate for accounting and financial professionals, the resources needed are out there.

Find Local Resources Near You

Heading into the end of the year professional and trade associations offer CEU courses and seminars including continuing education programs like this one to learn what the local, state and federal governments are changing. They are proactive in education so tax professionals can help business owners stay compliant over time.

At the end of the year, understanding how and why you are processing taxes is important. This can be a good time to address the upcoming changes for the new year as many updates in local and state tax codes go into effect. Of course, they don’t always change on January 1st, so being aware of the updates throughout the year is needed.

TransAct Is Your Advocate

Reach out and book a consultation at your convenience using our online scheduler to learn more. As your advocate, TransAct Merchant Services continues attend sessions like those shared above to learn and share information that can be critical to your business today and into the future.