ACH Processing

Most of us pay bills, transfer funds, or purchase goods using checks or credit and debit cards. However, there is a huge number of people who are either reluctant to use credit cards online, or just probably don’t have any. Of course, you can always pay through checks, but then again, some people find it too much of annoyance to use them. And understandably so since paying with checks would often times require you to mail them, where for some unknown reasons, they are sometimes mishandled by mail service handlers and the checks end up being lost.

Well, if you are one of the people looking for better ways to pay bills, or more reliable ways to pay for goods or services you purchase online, then you might be interested in trying to pay through ACH processing.   ACH processing is a safe and secure way of making online payments through an automated clearing house (ACH) network. Paying through ACH processing has a lot of advantages since it prevents errors and even accelerates processing of payments, while only needing fewer resources.
Many businesses the world over are choosing ACH processing as their preferred option to receive payments from customers. This is because ACH processing is fast and secure. Advantages of this payment option for business include eliminating the need to forward checks to banks or waiting for the checks to be cleared. This allows the receipt of money faster and more reliable. 

Aside from businesses, many customers all over the world also pick ACH processing as their chosen payment option because, aside from being fast and secure, ACH processing eliminates the need to write checks manually while also allowing the processing of credit and debit card payments electronically (these payments are credited to a merchant’s bank account).

One of the fastest rising ACH processing providers today is Check-Care.com .  Check-Care.com provides secure payment processing solutions for business all over the world, and ACH processing is just one of the services they provide.   Aside from ACH processing, they also offer businesses and customers other secure payment options that allow them to make transactions online in very secure ways. With the service Check-Care.com provides, businesses and customers are able to receive or make payments for goods, products or services online, fast and hassle-free.

So, whether you are a businesses looking for better ways to receive payments or a customer looking for better ways to make payments, you should consider the secure and fast way of making transactions through ACH processing. check processing

5 Practical Tips For Dealing With IRS Back Taxes

Tip #1: Deal With Your IRS Tax Problems Today!


The ostrich approach to dealing with IRS back tax problems simply does not work. If they are calling you or writing you letters, a taxpayer’s IRS tax problems will only worsen if they do not deal with them immediately. IRS designed their collection actions to become increasingly severe over time. Phone calls and letters eventually lead to wage garnishments, bank levies and tax liens. Even if you cannot pay your tax liability you still need to address it today with delay. Penalties and interest continue to accrue on a daily on the tax liability and delaying only compounds the problem.
Tip #2: File Back Tax Returns Immediately!


The IRS will not agree to a settlement until the taxpayer files all unfiled tax returns. Taxpayers often neglect to file the back tax return because they don’t have the money to pay back taxes owed. A taxpayer should always file a tax return even if they cannot pay the tax liability. The penalties for failure to file tax returns are among the highest the IRS imposes. Finally, filing your back tax returns can lead to significant savings on your overall tax liability.
Tip #3: Pay Back Taxes First!


The IRS is the most powerful collection agency on earth. The law protects taxpayers to a greater degree from creditors than it does from the IRS. If faced with the prospect of owing several creditors at the same time, the taxpayer should always choose to pay their IRS tax liability first. The IRS uses collection tools such as a wage garnishment or a bank levy and others. These actions can be financially crippling. A good IRS tax consultant has experience in debt management analysis. Good debt management can lead to significant savings on a the tax liability and on other debt as well
Tip #4: Pay An IRS Tax Liability With A Credit Line!


There are many good reasons for using a credit line to paying back tax debt owed:
For example, credit line interest may be lower than IRS interest & penalties.
Also, the cash flow from a credit line can fund some kinds of tax debt settlement.
Finally, a credit lender is easier to deal with than the IRS.


Essentially the taxpayer is converting a tax liability into personal credit. An IRS tax consultant, experienced in this analysis, can assess the chances of success.
Tip #5: Hire An IRS Tax Consultant!


A taxpayer should not try to handle their own IRS tax problem case. An experienced IRS tax consultant, like a U.S. Treasury Appointed Enrolled Agent or a Tax Attorney, is the best choice to deal with the complexities surrounding a taxpayer’s IRS tax problems. They can predetermine a taxpayer’s chances of success in an IRS tax relief program such as Offer in Compromise or penalty or interest abatement.






www.check-care.com

Our challenge for February? Financial fitness.

Our challenge for February? Financial fitness.


Set goals.
As with most things in life, setting tangible goals gives you an early advantage. This applies to your financial well-being, too. By defining an item you want to purchase or a date by which you hope to pay off a piece of debt, you give purpose to your decision-making as well as chart your progress. Otherwise, it may be difficult to recognize the importance of keeping your wallet in order.


If you're looking for a place to start, go back through the challenge and see if there was any task you passed over or thought was too onerous.
Short-term: Staying on budget, paying bills on time, knowing what you need, and paying off debt.
Medium-term: Building a savings, maintaining a healthy credit history, buying a home, and paying off debt.
Long-term: Saving for your yet-to-be-born or newborn child's college education, retirement, and paying off debt (are you seeing a pattern?). And maybe buying a yacht one day.
There you have it. Though our January challenge may be over, we wish you the best of luck in staying financially fit!

www.check-care.com

Fighting Against Fraud

There is no quick fix to prevent fraud. A holistic approach in addressing motivators, prevention, detection and response, is imperative. Too often, companies invest in initiatives in isolation, resulting in ineffectiveness and a false sense of security.

Prevention

Prevention initiatives include:

• Processes: Screening and employment practices relating to new personnel and due diligence over prospective business partners;

• Policies: The Code of Ethics provides a clear guideline to stakeholders of ethical standards and policies outlining the expected behaviour within the workplace or in dealing with the company;
 

• Procedures: Authorisation, accountability and oversight of processes;

• Systems: Data mining may highlight ineffective processes, as well as incomplete or inaccurate data;
 

• Education and training: Too often, employees do not know what to look for and when they do have reason to be suspicious, they do not know how to respond.


Performing fraud risk assessments and prioritising remedial action with a fraud risk profile is imperative in managing the risk of one or more events. The results of the fraud risk assessment should be incorporated with enterprise risk management and internal audit plans. Likewise, these broader risk management initiatives should include an adequate review of fraud risk within the organisation.

 

www.check-care.com