Thu.Jul 15, 2021

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Judge Dismisses TCPA Class Action Over Collection Calls

Account Recovery

A District Court judge in Michigan has dismissed class-action claims made by a plaintiff that debt collection calls made by a creditor to a consumer’s cell phone without consent in an attempt to reach the plaintiff’s brother violated the Telephone Consumer Protection Act because the equipment used by the defendant to make the calls did … The post Judge Dismisses TCPA Class Action Over Collection Calls appeared first on AccountsRecovery.net.

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How Digital Estate Planning Can Protect Your Online Life

Nerd Wallet

You may not own cryptocurrency or nonfungible tokens. You may not have a big Instagram following or run an online business. But if you do almost anything online, you probably have digital assets — electronic records that you own, control or license. Failing to make arrangements for those assets while you’re alive could cause unnecessary. Liz Weston writes for NerdWallet.

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Getting to Know William Marohn of Tobin & Marohn

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know William Marohn o

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How Do Personal Loans Impact Taxes?

Nerd Wallet

Personal loans aren’t considered income and therefore usually aren’t taxed. They can still impact your tax filings, though, depending on how you use the funds and whether any portion of your loan is forgiven. Is a personal loan tax deductible? A personal loan is a liability, meaning it’s something you owe as opposed to taxable. Chanell Alexander writes for NerdWallet.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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SDNY Judge Grants MTD in FDCPA Case Over Settlement Language in Letter

Account Recovery

Creating a sense of urgency is a tried-and-true sales tactic that has been used time and again. Make people think they have to act fast to save a few bucks and they will often take you up on that offer. Following that sense of urgency with a note that if you need more time to … The post SDNY Judge Grants MTD in FDCPA Case Over Settlement Language in Letter appeared first on AccountsRecovery.net.

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Daily Digest – July 15. Getting to Know William Marohn of Tobin & Marohn; SDNY Judge Grants MTD in FDCPA Case Over Settlement Language in Letter

Account Recovery

GETTING TO KNOW WILLIAM MAROHN OF TOBIN & MAROHN As far as the ARM industry is concerned, it’s a good thing that Bill Marohn didn’t stand up in 9th grade and say he wanted to be a ditch digger or rodeo clown. He said he wanted to be a lawyer that day, and the rest … The post Daily Digest – July 15. Getting to Know William Marohn of Tobin & Marohn; SDNY Judge Grants MTD in FDCPA Case Over Settlement Language in Letter appeared first on AccountsRecovery.net.

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Webinar: Navigating the Post-Pandemic Era of Rapidly Escalating Construction Prices

Jimerson Firm

On Wednesday, August 25, 2021 from 12:00 PM-1:00 PM, three of our partners will present Navigating the Post-Pandemic Era of Rapidly Escalating Construction Prices: A Panel Discussion on Trends, Tips and Best Practices. This lively panel discussion, hosted virtually, will discuss the hot button issue of the rapid escalation of construction material and labor prices that has been experienced across the construction industry during the post-pandemic economic recovery.

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Fewer People Expect to Miss Debt Payments, But Of Those Who Do, Finding Funds Will be Difficult: TransUnion

Account Recovery

While fewer people expect they will be unable to pay at least one current bill or loan in the future, more of those who are not able to do so are not sure how they are going to come up with the money, according to data released recently by TransUnion. Of those who aren’t going … The post Fewer People Expect to Miss Debt Payments, But Of Those Who Do, Finding Funds Will be Difficult: TransUnion appeared first on AccountsRecovery.net.

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Urgent Guidance for Community Associations Regarding Property Inspections and Preparation

Jimerson Firm

LEGAL ALERT // Urgent Guidance for Community Associations Regarding Property Inspections and Preparation. As the tragedy in Surfside continues to develop, like many around the country, we are struck by the senseless loss of lives. Our hearts go out to the victims and their families in this time of incomprehensible loss. When lives are at stake, be that in a condominium tower or a multi-level office building, there is no greater responsibility to look after than the safety of those who dwell, ga

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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How to Optimize Chase Freedom, Discover it Cash Back for Q3 2021

Nerd Wallet

Summer is officially here, and rolling in with the season’s heat are new and popular bonus categories for the Chase Freedom Flex? and select Discover cards like the Discover it® Cash Back. From July 1, 2021, to Sept. 30, 2021, cardholders will earn 5% cash back on up to $1,500 in combined quarterly spending in. Funto Omojola writes for NerdWallet. Email: fomojola@nerdwallet.com.

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What Will Happen To Your Employees When Your Company Goes Into Liquidation?

Hudson Weir

Liquidating a company can be tough – but it is something many business owners have had to face. Sometimes, it is the only viable solution when trading difficulties make it impossible to continue. For directors and managers, one of the primary concerns is their staff. In this article, the Hudson Weir team explains what happens to employees when a company goes into liquidation, and the essential liquidation employee entitlements to be aware of.

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Paycor Review 2021: Features, Pricing, User Reviews

Nerd Wallet

There are tons of options within the payroll software space and each comes with its own advantages and disadvantages. Our Paycor review will outline the pros and cons, features, pricing and customer reviews of this software provider — and explore some of its competitors as well. » MORE: NerdWallet’s best small-business apps What is Paycor? Brian O'Connor writes for NerdWallet.

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TrueAccord Talks: Fintech Disruption in 2021

True Accord

Halfway through 2021, e-commerce and consumer spending continue to see the impact of government stimulus payments while consumers look for new ways to invest and leverage their money. Simultaneously, all sectors of fintech grew during the pandemic , and this growth has not shown signs of stopping. Investment and lending platforms have grown in users by the highest percentage during the pandemic — with increases of 23 and 25 percent, respectively (McKinsey).

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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QuickBooks Enterprise 2021 Review

Nerd Wallet

QuickBooks Enterprise covers all the bases, with solutions for accounting, pricing, inventory and payroll. The features (and cost) may be too robust for truly small businesses but just right for large small businesses that can put the full weight of Enterprise’s reports and tracking capabilities to work. Deciding factors PriceStarting at $1,655 per year.

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What to do if Wells Fargo Closed Your Personal Line of Credit

Credit Corp

Wells Fargo announced earlier this month that they were closing down their personal lines of credit. These credit lines allowed consumers to borrow between $3,000 and $100,000. According to Wells Fargo, they will no longer offer personal lines of credit in the future. For consumers who had a personal line of credit with Wells Fargo, this news is likely less than ideal.

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Form 8829 Instructions: Claim Home Office Deduction

Nerd Wallet

IRS Form 8829 is one of two ways to claim a home office deduction on your business taxes. Only self-employed people are eligible to claim this deduction. If your business qualifies for the home office deduction, you’ll file Form 8829 with your Schedule C, profit or loss from business. There are two ways to claim. Erica Gellerman, CPA writes for NerdWallet.

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Biden Executive Order To Examine Non-Compete Agreements

Fraser

On July 9, 2021, President Biden issued an executive order aimed at “promoting competition in the American economy.” A press release that preceded the issuance of the executive order stated the White House’s intention to “[m]ake it easier to change jobs and help raise wages” by removing barriers that “impede economic mobility,” including banning or limiting non-compete agreements.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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What Is Form 1099-NEC for Non-Employee Compensation?

Nerd Wallet

While you’re likely familiar with various forms from the IRS already, there’s another tax form that should be on your radar: Form 1099-NEC. Form 1099-NEC, non-employee compensation, was revived as of the 2020 tax year. Now, instead of reporting compensation that you paid to non-employees (like freelancers and independent contractors) on Form 1099-MISC, that information.

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5 Ways College and Graduate Students Can Save Money

Credit Corp

The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. The costs of attending college, especially when combined with graduate school, can very quickly add up to become an overwhelmingly stressful expense. College costs also include regular costs of living, such as food, transportation, social activities, and other miscellaneous expenses.

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How Do Airline Miles Work?

Nerd Wallet

If you enjoy flying around the country (or around the world) to visit loved ones, see new places or any other reason, knowing how airline miles work could possibly help you cut costs. In this case, “airline miles” generally refer not to distances flown, but to a kind of currency, created by airline loyalty programs, that. Eric Rosenberg writes for NerdWallet.

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Peter Zeihan Speaks to Full House on What the Future Holds in a Post-Covid World

Burr Forman

On July 9th, 2021, Peter Zeihan: Strategist, Thinker, Futurist spoke to a full house in Burr & Forman’s Birmingham, AL office. He discussed a post-COVID world and what we can expect for the future as we move forward after a long year. Peter’s amazing global insights and analysis always leave you wanting more and this presentation was no different.

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

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Could a Tax Refund Hurt Your Business’s Bottom Line?

Nerd Wallet

This article has been reviewed by tax expert Erica Gellerman, CPA. Getting a big tax refund each year has its pros and cons. While you may be getting an injection of cash that you can reinvest in your business, you might actually be making a financial mistake if you’re getting a big tax refund every April. Rieva Lesonsky writes for NerdWallet. Email: wpguestuser+rlesonsky@nerdwallet.com.

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Demand Letters: 4 Things to Know

The Kaplan Group

Clients often want to know about demand letters. They may consider having an attorney send a demand letter before turning it over to collections. Paying an attorney for an hour or two to write a letter is less expensive than a collection agency contingency fee. But, a letter itself may not actually get you paid. It may take a lot more work, which is why we get so many claims after a legal demand has been sent. 1.

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How to Pay Employees

Nerd Wallet

Paying employees is a fast and fairly simple process with electronic payment systems. However, the prep work done prior to payday, which often determines if employees are paid the right amount, is more time-consuming. Whether you have a small business with a few employees or a larger company with many workers, you want to ensure. Lisa Anthony writes for NerdWallet.

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Birmingham Medical News: Fraud and Abuse Enforcement Continues Through the Pandemic

Burr Forman

Reprinted with permission from the Birmingham Medical News. Despite the ongoing COVID-19 pandemic and the resulting challenges facing health care providers, compliance with fraud and abuse laws has not been waived. While some enforcement actions have been “paused” due to difficulties in conducting face-to-face interviews and convening grand juries, and the Government has temporarily “relaxed” certain regulatory restrictions to facilitate pandemic response efforts, there

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.