Paying Property Tax On Your Credit Card Machine?

By: J.R. Meadow - February 2007

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Here's another great piece of information most credit card machine sales people don't know about or won't tell you. When you lease a credit card machine, the lease company will collect from you property tax on your equipment. 

That's right. Don't forget, leasing equipment for your business increases your business property tax values. Therefore, you'll be paying more money just for accepting credit cards and choosing to lease the equipment instead of buying. Now granted, if the tax assessor decides to visit your business and take inventory, there's not much you can do about it. However, why open yourself up for more taxes buy leasing a piece of equipment and paying on a terminal assessed at a $900 value, when in fact the terminal's real taxable value is closer to $150 according to the county. 

Do yourself and your pocket book a favor and buy your credit card machine for the least amount, instead of leasing it for four years and paying more taxes on it than you need to. Take control of your expenses. 

So Where Can You Find Low Prices?

Take a look at the online catalog. There you'll find many of the best quality terminals at wholesale prices. Contact my representative because not every terminal is ideal for every business. He will teach you the differences between credit card machines. He can also show you how to save money in credit card processing fees. Call him today.

If you need help saving more money while accepting credit cards, give my credit card guy a call. His name is Ralph Prado.  To learn more about how to buy a credit card machines or open a merchant account correctly contact him at 1 (888) 604-3443. His details are listed below.

Ralph Prado is a Credit Card Processing Expert with over 20 years of business experience. His expertise is in reviewing merchant statements and identifying profit on behalf of business owners. Visit his website today at http://www.creditmachines.com