Accounting Today

SEPTEMBER 20, 2023

The top three states had an average change percentage of 215.76% between 2021 and 2022.

Collections 306

Collections Tax Corporation Tax 306

Accounting Today

SEPTEMBER 19, 2022

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Collections 246

Collections Tax 246

Accounting Today

JULY 12, 2023

The Internal Revenue Service has been sending out erroneous balance due notices demanding taxpayers in federal disaster areas pay up, even though they're supposed to get extra time.

Collections 246

Collections Tax 246

Gaviti

NOVEMBER 21, 2024

This mindset often leads to underinvestment in collections efforts, and when budget cuts are necessary, accounting departments like collections are typically the first affected. However, maintaining a steady cash flow is essential for business survival, and efficient collections directly impact the bottom line.

Accounts Receivable 98

Accounts Receivable Account Receivables Accounts Receivable Collections 98

Accounting Today

JANUARY 12, 2024

The Internal Revenue Service reported progress Friday on its efforts to increase its audits of large corporations, complex partnerships and high-income individuals, collecting over half a billion dollars from millionaires who didn't pay their taxes.

Collections 347

Collections Auditing Tax 347

Accounting Today

MAY 23, 2024

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate.

Auditing 331

Auditing Collections Tax 331

Accounting Today

MARCH 7, 2024

The National Pipeline Advisory Group is collecting responses from college students and accounting professionals to better address the talent shortage.

Collections 317

Collections Accounting Accounting 317

Gaviti

APRIL 8, 2024

Anyone who’s worked in accounts receivables knows how valuable a good collections email template can be. Accounts receivable collections rely on clear communication with customers, both in delivering accurate invoices on time and ensuring those invoices get paid. It also eases the burden of invoice collections somewhat).

Collections 98

Collections Invoicing Accounts Receivable Account Receivables 98

Reconciled Solutions

SEPTEMBER 11, 2024

Let's take a deep dive into how you can reduce friction in collections. The post How to Reduce Friction in Collections appeared first on Reconciled Solutions. We're expanding on the art of getting paid this month.

Collections 97

Collections Reconciling Accounts Receivable Account Receivables 97

Accounting Today

SEPTEMBER 26, 2024

Accountants weigh in on which companies have cyber vulnerabilities, states with the highest tax collections per capita and other key metrics.

Auditing 312

Auditing Collections Tax Accounting 312

Accounting Today

SEPTEMBER 11, 2024

The OZ program allows investors to defer their capital gains from sales of appreciated real estate, stocks, businesses, personal residences, collectibles and even crypto through 2026.

Collections 312

Collections Tax 312

Billing Platform

DECEMBER 3, 2023

So whether you’re a small and medium-sized business (SMB) or a large enterprise, one thing is certain – collecting unpaid debt is time-consuming and filled with challenges. This is where a debt management and collections system can help keep your revenue flowing. And the benefits don’t end there.

Collections 98

Collections AR Invoicing Accounts Receivable 98

Accounting Today

JUNE 3, 2024

Stacie Kwaiser is setting the direction of the Top 100 Firm based on her own vision — and the collective ideas of the firm

Collections 306

Collections 306

Accounting Today

DECEMBER 20, 2023

million taxpayers who weren't sent collection reminder notices during the pandemic. The relief will go to roughly 4.7

Collections 328

Collections Tax 328

Accounting Today

OCTOBER 16, 2023

The Internal Revenue Service is trying to leverage the extra funding to collect more taxes, but has spent surprisingly little so far.

Tax 321

Tax Collections 321

Enterprise Recovery

OCTOBER 4, 2024

Without an efficient approach to collecting outstanding debts, businesses can suffer from cash flow issues, leading to operational challenges and potential financial instability. Discover how specialized training in debt recovery can hone your team’s collections skills and boost your business's financial success.

Collections 88

Collections 88

Gaviti

JUNE 19, 2023

Effective communication is the most critical aspect of any A/R collections strategy. Even so, there are some basics you can apply across most templates you may use for collections. How Can You Use Templates To Collect Invoices Outstanding for Payment? Create an invoice for every step of the collections process.

Collections 98

Collections Invoicing Accounts Receivable Account Receivables 98

Enterprise Recovery

APRIL 10, 2024

Many companies often turn to professional debt collection agencies for assistance when this happens. Before you hand over your delinquent accounts to a collection agency, it's important to understand their role and how they can help your business.

Collections 88

Collections Invoicing Accounting Accounting 88

Accounting Tools

JULY 7, 2024

The collection of accounts receivable is vital, since it provides the cash needed to support company operations. Collecting accounts receivable is not just the task of the collections department. Instead, it calls for a company-wide effort, because collections can be improved before an invoice is ever issued to customers.

Accounts Receivable 75

Accounts Receivable Account Receivables Accounts Receivable Collections 75

Enterprise Recovery

MAY 24, 2024

Timing plays a crucial role in optimizing payment collection strategies. The basic gist is this - the sooner you can attempt to collect on past-due payments, the more successful you will be. Payment deadlines, reminders and utilizing technology can help increase the likelihood of on-time payments.

Collections 84

Collections 84

Accounting Today

NOVEMBER 27, 2023

PwC and EY are among the large firms collectively shedding thousands of staff.

Collections 301

Collections 301

Enterprise Recovery

DECEMBER 6, 2024

B2B debt collection requires an understanding of effective strategies to mitigate delinquent accounts. Also, technology and professional debt collection services can enhance the ability to recover outstanding debts and maintain healthy financial operations.

Collections 87

Collections Financial Operations Financial Operations Accounting 87

Enterprise Recovery

APRIL 26, 2024

Discover ethical collection practices to help recover late payments while maintaining positive client relationships. In today's competitive business landscape, it's important to manage late payments while upholding positive client relationships.

Collections 84

Collections 84

Accounting Department

NOVEMBER 28, 2024

This year we're especially thankful for our clients and our team - it is their collective energy, positivity, and dedication to success that has made this such a great year.

Collections 232

Collections 232

Enterprise Recovery

MAY 6, 2024

The tech industry is known for its rapid growth and innovation but faces unique challenges regarding debt collection and non-paying clients. Understanding the intricacies of debt collection in this sector is essential for companies to recover payments and maintain financial stability.

Collections 80

Collections 80

Accounting Today

DECEMBER 8, 2023

Accounting Today's annual collection of the thought leaders and changemakers who are shaping the profession — and their snacks.

Accounting 274

Accounting Accounting Collections 274

LedgerDocs

JULY 6, 2023

But collecting and organizing these documents can be a daunting task. The post Bookkeeping Document Checklist: Collect and Organize Your Financial Documents appeared first on LedgerDocs. Accurate record keeping can help you to remain organized, compliant and gain insight into the financial position of your business.

Collections 98

Collections Bookkeeping Petty cash Purchase Order 98

Enterprise Recovery

NOVEMBER 15, 2024

If you're considering outsourcing debt collections or handling them in-house, this post can help clarify the benefits of outsourcing. Outsourcing B2B debt collection can transform your financial operations by bringing in expertise, reducing costs, and freeing up valuable internal resources.

Collections 73

Collections Financial Operations Financial Operations Invoicing 73

Reconciled Solutions

OCTOBER 14, 2024

Keep reading to find out how you can use QuickBooks Online to make your collections process even more effective. The post The Art of Getting Paid, Part 3: Using QuickBooks to Manage the Collections Process appeared first on Reconciled Solutions.

Collections 91

Collections QuickBooks Reconciling Accounts Receivable 91

Accounting Today

JUNE 25, 2024

Collecting payments is essential for business operations, but it's often not a top priority for business owners who are juggling numerous other tasks and demands daily.

CPA 229

CPA Billing Collections 229

Accounting Today

AUGUST 22, 2023

The top three types had an average increase in gross collections of 39.86% between 2021 and 2022.

Tax 246

Tax Collections 246

Accounting Today

AUGUST 24, 2023

Google and Meta are facing class action suits after revelations they had been collecting sensitive taxpayer information via online filing sites.

Collections 246

Collections Tax 246

Accounting Today

AUGUST 28, 2023

Dozens of firms have signed onto an initiative to stop underselling the worth of accountants and collect payments on time from clients.

Collections 246

Collections Accounting Accounting Invoicing 246

Xero

JUNE 16, 2022

However, this can be made easier by collecting payments on-site, rather than after. . It collects feedback and insights on employee sentiment using the Shift Engagement feature, helping small business owners and managers take action to bolster their team’s wellbeing. Are you planning to hire in the new financial year?

XERO 299

XERO Collections Purchase Order Budgeting 299

Accounting Department

NOVEMBER 23, 2023

This year we're especially thankful for our clients and our team - it is their collective energy, positivity, and dedication to success that has made this such a great year.

Collections 242

Collections Accounting Accounting 242

Accounting Today

JANUARY 4, 2023

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Collections 147

Collections Tax 147

RevCycle

DECEMBER 19, 2024

As healthcare providers navigate the evolving landscape of medical collections, staying informed about emerging trends and potential regulatory changes is crucial. Technological Advancements: As technology evolves, there may be new regulations regarding the use of AI and automation in debt collection.

Collections 61

Collections Revenue Cycle Revenue Cycle Management Billing 61