Your Virtual Credit Manager

MARCH 4, 2025

Based on this industry outlook, there was staff performing collections and deduction resolution, but no credit function. They did not sell to small customers; just chain stores and major distributors, who in turn sold to the smaller retailers. New accounts were evaluated, but there were very few of those in any given year.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Collector 130

Fundera

OCTOBER 11, 2017

If you use your personal vehicle for business, deducting the standard mileage rate on your tax return is usually more beneficial than paying for actual vehicle expenses throughout the year. Even if you use your personal funds for business expenses, those expenses are legitimate tax deductions. Update your mileage log.

Small Businesses 89

Small Businesses Deductions Transactions 89

Your Virtual Credit Manager

MARCH 21, 2023

In addition to the effect of inflation, AR loses value as a result of profit dilution (when customers do not pay you the full invoice value due to payment deductions or disputes) and bad debt losses. The role of credit should not be focused on preventing bad debt losses, but rather maximizing profits.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130

Fundera

AUGUST 3, 2016

And in 2012, Amazon added yet another service to their list: small business loans through the Amazon Lending program. So i n 2012, Amazon came up with an answer for their marketplace sellers who struggle to access the financing they need: Amazon Lending. Fixed Deductions From Your Amazon Seller Account.

Credit and Collections 75

Credit and Collections Small Businesses Deductions Credit Scoring 75

Fundera

SEPTEMBER 23, 2017

In a previous post on the complexity of payroll taxes, small business expert Rieva Lesonsky noted that between 2001 and 2012 there was an average of one change a day to the more than 15,000 tax codes in the United States. The more taxes there are, the more rules there are to follow. Federal Payroll Taxes.

Small Businesses 80

Small Businesses Credit and Collections Deductions 80

Fundera

JULY 11, 2020

JustWorks is a newer competitor, having only launched in 2012. Portal for employee self-service where they can view pay stubs, deduction breakdowns, and update their direct deposit and tax information. TriNet has been around since 1988, and currently provides services for over 325,000 employees. Administer employee I-9s and W-4s .

Dashboards 52

Dashboards Deductions Small Businesses 52

Fundera

JANUARY 27, 2019

The San Francisco-based payments company was founded in 2012, but only recently did the company begin focusing more on their small business platform. Plastiq fees are also tax deductible as a business expense. For the convenience of letting you use a credit card, Plastiq charges a 2.5% processing fee. Plus, make sure you do the math.

Small Businesses 40

Small Businesses Credit Card Payments Dashboards Credit Card Companies 40