Article Windows

Subcategories

• Auditing (9)
• Bookkeeping (31)
• Budgeting (51)
• Receivables (8)

CPAs have to take a certain number of hours of ethics CPE courses each year in order to keep their license current. There are a number of different providers for these courses, though not all courses fulfill the requirements of all states, so it is important to make sure of this before taking any particular course. You can check with your state board to make sure, and many state board websites list approved courses as well.

Any business owner or manager who has ever made a collections call has done first party collections, whether they realize it or not. First party collections means collecting on your own accounts, so any request for payment by phone, letter or in person qualifies as first party collections.

Each time you earn income, the IRS will require you to state it as part of your income. At the end of the year, you add to your total income and declare this amount on your tax return the IRS.

Anyone who owns or operates a business or department with receivables from a foreign country needs to employ an international collection agency sooner rather than later. An international collection agency will save you time, money, and effort and get a greater return on your uncollected debts than you could ever hope to do yourself.

The IRS Mileage Rate as of January 2009 can be used to determine how much you should be allowed to claim as a deductible expense. It can be used for operating a car or vehicle for business use, for medical use or for moving purposes.