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Card Payment Levies: What is a Levy and How to Respond Presented by Frederick Schindler SB/SE Collection Policy Director June 30, 2010, The information contained in this presentation is current as
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Card payment levies refer to fees charged by payment processors for processing card transactions.
Businesses that accept card payments are required to file card payment levies.
To fill out card payment levies, businesses need to report the total amount of fees paid to payment processors for card transactions.
The purpose of card payment levies is to track and report fees associated with card transactions for accounting and taxation purposes.
Businesses must report the total amount of fees paid to payment processors for processing card transactions.
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