Blogs

Can someone recommend us a consultant to review our Anti-Money Laundry Policies & Procedures?

It has been over 6 years since the financial crisis hit and we lost Lehman Brothers and probably should have lost one or two other "too big to fail" banks. In Texas, admittedly we are very fortunate to have a more robust economy than most places, and this is largely due to the oil and gas industry. This also applies to pockets in Oklahoma, Pennsylvania, North Dakota, and a few other places with oil and gas shale plays that are pumping up local economies. But what about the rest of the country as it relates to small business? I mean after all, we seem to jump up and down and say hoorah when we see monthly job numbers that indicate we have added anything ...

Do you ever get tired of the “…it’s too competitive out there” story? What about, “…rates are declining and it is too hard to compete?” I read about it and hear about it, at least from those who honestly express what they are experiencing. However, is the answer really to lower the rate and offer more than you should, more than makes sense, and ‘win’ a deal putting the ‘win’ over the structure? Is this the market in which we live? Is this a market in which we can succeed? I suppose that you can operate this way and market this way. However, many factors would thank you for this in the long run, since this mentality would be short term and eventually ...

You will need to get a subordination from the IRS. If you do not know how to do this, you should contact 20/20 Tax Resolution. The client will have to pay them for thier service but it will allow you to factor the receivables without the fear of an IRS levy on the invoices you are factoring.