Some Economic Impact Payments sent by prepaid debit cards

Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, and the IRS announced this week that some payments are being sent by prepaid debit card. The debit cards will arrive in a plain envelope from “Money Network Cardholder Services.” According to the IRS, nearly 4 million […]

Submit current W-9s to avoid backup withholding

“The only constant in life is change.” This quote has been attributed to Greek philosopher Heraclitus, and between the sales and purchases of restaurants, transfers of ownership to Next Gens and spinoffs creating new organizations, most McDonald’s owner/operators would probably agree. Amidst all this change, it is important to make sure nothing falls through the […]

5 ways to protect against ‘chargebacks’ due to credit card fraud

Customer and merchant alike battle credit card fraud. The consumer can try to recoup his or her money after detecting a fraudulent or errant transaction. The business owner, though, can take steps before the transaction occurs to ensure that he won’t face a chargeback from a disputed transaction. A chargeback occurs when a customer makes […]

Employees can now receive paychecks on debit cards

Payday in Georgia has just got a little more convenient for some lower wage workers. Gov. Nathan Deal recently signed into a law a bill that allows employers to give employees the option of receiving a traditional paycheck, having wages directly deposited into a bank account or receiving their payroll on a prepaid debit card. […]