Have people utilized your tax preparation and filing service, but failed to pay your consultation fees in full ? Accounts receivable can hurt the profitability of any small business.
A Tax Preparer helps business and individual taxpayers file tax returns which are due quarterly and annually. Enrolled Agent (EA) is a federally-authorized professional who represents a taxpayer before the Internal Revenue Service (IRS) for tax issues including audits, collections and appeals.
Unfortunately both tax preparer professionals and EA’s face cash flow issues because their customer fail to pay them on time or completely become delinquent. Sending in-house invoices and phone call reminders often does not work to recover money from such customers. Accounts receivable that are over 90 days old should be transferred to a collection agency for better collection results.
|Collection Letters Service|
|Collection Calls Service|
Involvement of a professional debt collection agency puts tremendous pressure on debtors and they are more likely to pay. It is recommended to utilize the low cost ( flat fees) collection letters service before assigning accounts for contingency based collection calls service. A collection agency serves as an extension to your office, recovering money from past due accounts while tax preparer and filing professionals focus on serving customers and acquiring new ones.
Contact us for your debt collection needs.
|Check here: Cost of hiring a collections agency|