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IRS collection notices are coming back

Accounting Today

Tax pros and taxpayers should be aware that the IRS is restarting its 'collection notice stream.'

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The Impact of Timing Can Maximize Payment Collection

Enterprise Recovery

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.

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The lingering impact of the pandemic on IRS collections

Accounting Today

IRS data and changes to collection operations over the past four years show 10 clear effects.

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Navigating Debt Collection Challenges in the Tech Industry

Enterprise Recovery

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.

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The 5 Best Collections Email Templates

Gaviti

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).

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Preparing Your Business For A Debt Collection Agency

Enterprise Recovery

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.

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Ethical Collection Techniques For Recovering Late Payments

Enterprise Recovery

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.