News & Articles

Measure Your Bill Collecting Success

Posted on Thu, Feb 11, 2021

Credit sales are a fact of business life. And to keep those accounts from spinning out of control, your company must maintain a delicate balance between the total cost of bad debts and your profit gains.

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Tags: Bill Collecting, Accounts Receivable, Accounting Services

Resolve Customer Billing Disputes Promptly

Posted on Fri, Jun 05, 2020

Every business has its share of slow-paying customers and plain old bad apples who won't settle up without making a fuss. During the coronavirus (COVID-19) crisis, this is likely to be more true than ever.

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Tags: Bill Collecting, Customers

How Much Does the IRS Let Delinquent Taxpayers Live On?

Posted on Mon, Jul 31, 2017

The IRS uses "Collection Financial Standards" to help determine a taxpayer's ability to pay a delinquent tax liability. Allowable living expenses include those that meet the test of being necessary to provide for a taxpayer's (and his or her family's) health and welfare, as well as his or her ability to produce income.

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Tags: Federal Taxes, Bill Collecting, Taxpayer, IRS

Business Finance: The Art of Bill Collecting

Posted on Sat, May 31, 2014

Like it or not, some customers always lag in their payments. It hurts your company's cash flow and causes frustration for both your accounts receivable personnel and the customers.

But you can get your receivables in better shape and to keep them there if you get your staff on this regular exercise routine:

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Tags: Accounting, EHTC Article, Customer Relationships, Bill Collecting, Articles, Business Finance, Accounts Receivable, Payment Agreement