Because of the COVID-19 crisis, Visa and American Express have announced delays to their pricing changes originally scheduled for April.
Visa announced they are delaying changes to their interchange programs and fees until April 2021.
American Express announced they are delaying their Assessment and Inbound Fee changes until October 2020.
As we receive updates from the other associations, we will pass them along. We will also share more information about all changes as we get closer to the new rollout dates.
The IRS has extended the federal tax return filing deadline for individuals and businesses to July 15, 2020. Estimated tax payments that were originally due on April 15th are now due on July 15th.
Check with your state tax agency to find out if your business has more time to file or more time to pay state and local taxes this year as a result of the coronavirus.