Fri.May 09, 2025

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Recognizing Our Military Spouses: Happy 2025 MilSpouse Appreciation Day!

Accounting Department

Our AccountingDepartment.com family is proud of its vibrant and diverse cast of characterswe span the country with our team members coming from all backgrounds and personalities. Included among our team are some amazing Military Spouses whose hard work, dedication, and contributions are part of what makes our family so strong, and theirs as well.

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Working at Onguard: Meet Xander

Onguard

He never gives up, he is a top-tier skier but hates cycling, and he was a daily user of the Onguard credit management software before starting to sell it! This is Xander Michon, New Logo sales at Onguard. Starting at Onguard: The new logo Its the year 2015. Xander isnt scanning job boards or sending out CVs. He is actually working as an Account Manager for new business in a different firm, and sometimes uses Onguard credit management software.

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Member Alert: North Dakota Enacts Law Codifying GLBA Safeguards Rule

RMAi Blog

On April 11, 2025, North Dakota Governor Kelly Armstrong signed into law House Bill 1127 which is nearly identical to the Gramm-Leach-Bliley Act Safeguards Rule, including the more recent amendments regarding data breach notifications. The law will go into effect August 1, 2025. Applicability The law applies to financial corporations, which are all entities regulated by the department of financial institutions, excluding financial institutions and credit unions.

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5 Tips for Building Generational Wealth

Due

America is in the midst of the greatest wealth transfer in history. Over the next decade, an estimated $80 to $100 trillion will pass from baby boomers to their children and grandchildren. But one critical question remains: Will their heirs be ready for it? A 2023 study by AMG National found that 90% of inherited wealth disappears by the third generation.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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CAS Facilitates Acquisition of Sentry Credit by TrueAccord

RMAi Blog

TrueAccord leveraged Corporate Advisory Solutions deep expertise in the accounts receivable management industry to execute a strategic acquisition that expands its client base and adds Sentrys first party and litigation collection services to its offerings. PHILADELPHIA, PA (May 05, 2025) – Corporate Advisory Solutions (CAS) is pleased to announce the acquisition of Sentry Credit, Inc.

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ConServe Named One of the Region’s Top Employers

RMAi Blog

Ranked on Rochester Business Journals RBJ 75 Rochester, N.Y. May 8, 2025 – Continental Service Group, LLC d/b/a ConServe, a top-performing provider of accounts receivable management services specializing in customized collections solutions, is proud to announce its inclusion on the Rochester Business Journals RBJ 75: The Regions Top Employers list for 2025.

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StoreIT: How SBA 504 Loans from TMC Financing Support Growth in CA and OR

TMC Financing

For our first SBA 504 loan, Live Oak Bank recommended TMC Financing as our financing partner, explains Wayde Elliott, DMD, owner of StoreIT, a growing self-storage business based in Oregon. The post StoreIT: How SBA 504 Loans from TMC Financing Support Growth in CA and OR appeared first on TMC Financing.

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401(k) vs Roth IRA: Understanding the Mathematical Advantage

Due

Retirement planners often debate whether to max out a 401(k) or prioritize a Roth IRA. A mathematical analysis reveals that, contrary to popular advice, maxing out a 401(k) before investing in a Roth IRA may provide better long-term financial outcomes. The Mathematical Comparison The tax treatment significantly differs in outcomes when comparing these retirement vehicles.

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The point that appears to have been missed about the USA trade deal

Cpcmcredit Blog

Having listened to a fair amount of coverage on yesterdays trade deal, a salient point appear to have been overlooked, not just by the BBC and general media but also politicians defending the deal Having said that, this point is perhaps one that is a little too sensitive for politicians to elucidate in public As previous stated im no admirer of Trump and certainly not his policies regarding tariffs but the UK has secured a small victory Tariffs on cars (and many other items) are now 10% as oppos

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Three Harsh Truths Every 20-Year-Old Needs to Face

Due

Recently, I watched Steve Chen, founder of CALLTOLEAP, share some powerful insights that resonated deeply with me. As someone who helps thousands build wealth, Chen offered three brutal truths that every young adult should hear, especially those feeling lost or comparing themselves to others on social media. These arent comfortable lessons, but theyre necessary medicine for anyone wanting to build a meaningful life.

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Income Tax Department releases five ITR forms for taxpayers

Due

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for specific categories of taxpayers. This early release of forms gives taxpayers additional time to gather necessary documents and plan their tax filing strategy before the deadline.

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Toyota profit hit by $1.3 billion after tariffs

Due

In just two months, Toyota Motor Corp. anticipates that U.S. tariffs imposed by former President Donald Trump will reduce its operating income by 180 billion ($1.3 billion), adding to the difficulties faced by international automakers navigating trade turbulence. Toyota profit hit by tariffs to $1.3 billion after tariffs On Thursday, Toyota disclosed that its projections have already carefully considered the financial setbacks from April and May.

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