Sat.Dec 10, 2022 - Fri.Dec 16, 2022

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Fed Caps 2022 With 7th Rate Hike. What’s Next?

Nerd Wallet

Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com. Twitter: @AnnaHelhoski. The article Fed Caps 2022 With 7th Rate Hike. What’s Next? originally appeared on NerdWallet.

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QR-Based Payment Platform Expanding into the U.S.

Account Recovery

If you are an agency that is still trying to figure out how to be able to accept payments via PayPal or Venmo, you are now two steps behind, because a new instant payment technology for financial institutions has expanded into the United States after a successful launch in Brazil. Called Pix, the technology facilitates … The post QR-Based Payment Platform Expanding into the U.S. first appeared on AccountsRecovery.net.

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What Financial Institutions Should Know about a Tax Levy on a Customers Bank Account

Jimerson Firm

By Austin Calhoun, Esq. and Joseph Luna, Esq. Financial institutions are often required to make tough decisions when they receive the daunting Form 668–A, “Notice of Levy” from the IRS concerning a delinquent taxpayer’s bank account. If the IRS levies a bank account, financial institutions are required to immediately freeze all funds in the account upon receiving the Notice of Levy and must remit the balance to the IRS after 21 days (up to the amount of the unpaid tax liability).

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How to Recover After Losing a Client

Enterprise Recovery

Losing a client after establishing a relationship and putting in work efforts can be disruptive to any organization. It's especially painful if you're working as an independent contractor, freelance, or as a growing business. The loss in revenue may mean that you need to find another client immediately. There are some practical steps you can take to bounce back.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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How Travel Insurance Paid for a Couple’s Impromptu Wedding

Nerd Wallet

Adam Geinitz and his fiance, Jeremy, had planned to elope to Puerto Rico this past September. While weather reports indicated potential storms, the couple departed from their home in Colorado for their destination wedding anyway. But during their layover in New York, the storm worsened into what would become Hurricane Fiona. And as it became. Sally French writes for NerdWallet.

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Questions to Ask Your Mortgage Modification Lawyer

Sawin & Shea

Many people struggle with asking for help from a mortgage modification lawyer when they truly need it. And when it comes to needing financial help, that task is even more difficult. There is a negative stigma associated with financial assistance that makes many people feel embarrassed or ashamed. Some may feel that others will judge them harshly or assume they are poor managers of their resources.

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5 Things Underrepresented Entrepreneurs Can Do to Grow Their Business

Credit Corp

As a member of an underrepresented community, your existence in the business world might be slightly different than that of your peers. Whether you’re a woman, a person of color, or part of the LGBTQ+ community, the world of entrepreneurship can present unique challenges. While there are many basic ways to get started as an entrepreneur , expanding an existing underrepresented business is different.

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Co-Buying a House: How Platonic Partners Make It Work

Nerd Wallet

AP. Abby Badach Doyle writes for NerdWallet. Email: abadachdoyle@nerdwallet.com. The article Co-Buying a House: How Platonic Partners Make It Work originally appeared on NerdWallet.

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Judge Grants MSJ For Defendant in FCRA Case Over Disputed Debts

Account Recovery

A District Court judge in Maryland has granted a defendant’s motion for summary judgment in a Fair Credit Reporting Act case, ruling the plaintiff’s claim that the defendant did not conduct a reasonable investigation was without merit and that the plaintiff did not produce enough evidence to make his case. A copy of the ruling … The post Judge Grants MSJ For Defendant in FCRA Case Over Disputed Debts first appeared on AccountsRecovery.net.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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CFPB Proposes Registry to Detect Repeat Offenders

Consumer Finance

Today, the CFPB proposed requiring certain nonbank financial firms to register with the CFPB when they become subject to certain local, state, or federal consumer financial protection agency or court orders.

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Are You Missing Out on the Saver’s Tax Credit?

Credit Corp

If your income falls under a certain amount, you could be eligible for a special credit by putting money into qualified retirement accounts. It’s called the saver’s credit, and it started in 2018. Wondering if you qualify? We’ve got all the information you need about the saver’s credit for 2022 tax returns and the 2023 tax year so you can maximize potential tax savings.

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For Home Buyers, 2022 Was Brutal. Why ’23 Could Be a Bit Better.

Nerd Wallet

Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com. Twitter: @HoldenL. The article For Home Buyers, 2022 Was Brutal. Why ’23 Could Be a Bit Better. originally appeared on NerdWallet.

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Class Accuses CRA of Allowing Furnisher to Change DOFD

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Class Accuses CRA of Allowing Furnisher to Change DOFD first appeared on AccountsRecovery.net.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Tax Changes Incoming for Research and Experimental Expenditures

Fraser

For tax years beginning in 2022, research and experimental (R&E) expenditures are no longer immediately expensed but rather must be amortized over five years (15 years for foreign expenditures). To illustrate, if a business spent $1,000 on domestic research activities in 2021, it could deduct the full $1,000 on its 2021 tax return. But, starting in 2022, $1,000 spent on research will be deducted incrementally over a five-year period; approximately $200.

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What Exactly is “Fair” Credit?

Credit Corp

Article updated December 14th, 2022. There’s always a lot of buzz about the extreme ends of the credit scoring spectrum. How can you get excellent credit? What should you do if you have bad credit ? Less attention is paid to fair credit, which is ironic considering that’s where a large segment of consumers land. While credit scoring models and lender standards differ, the average American credit score is often nestled firmly in a range that could be considered fair.

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3 Ways to Make Your Small Business More Sustainable

Nerd Wallet

Randa Kriss writes for NerdWallet. Email: rkriss@nerdwallet.com. The article 3 Ways to Make Your Small Business More Sustainable originally appeared on NerdWallet.

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Appeals Court Upholds Ruling for CFPB in Case Over Deceptive Solicitations

Account Recovery

The Court of Appeals for the Ninth Circuit has upheld a ruling in favor of the Consumer Financial Protection Bureau against a company and its owner that were sued for allegedly mailing deceptive solicitations to individuals that advertised help in applying for scholarships, determining that the owner meet one of the definitions for a “covered … The post Appeals Court Upholds Ruling for CFPB in Case Over Deceptive Solicitations first appeared on AccountsRecovery.net.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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The Payment Ecosystem Explained: How Your Business Gets Paid

PDC Flow

All companies take payments but many don’t understand how the payment industry works behind-the-scenes. The digital payments landscape is complex, and with new technologies emerging, the greater payment ecosystem continues to evolve. It’s true you don’t need to be a payment expert to run a business, manage an office or head up an accounts receivable team.

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How to Handle a Medical Debt Collector

Credit Corp

In This Piece. Gather Information Request Verification of Debt File a Dispute Make Sure It’s Listed as Medical Debt Can You Negotiate Medical Bills in Collection? Know Your Rights. Are you struggling with medical debt? Are you tired of medical collectors calling? If so, you’re not alone. Studies show that Americans owe more than $88 million in medical debt.

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Fed Easing Rate Hikes May Be Good News for Housing Market

Nerd Wallet

Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com. Twitter: @[link]. The article Fed Easing Rate Hikes May Be Good News for Housing Market originally appeared on NerdWallet.

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Daily Digest – December 14. Judge Grants MTD for Lack of Standing; Appeals Court Upholds Ruling for CFPB

Account Recovery

JUDGE GRANTS MTD FOR LACK OF STANDING IN FDCPA CASE WHERE LETTER WAS SENT TO REPRESENTED INDIVIDUAL Sending a letter to an individual who is represented by an attorney is not automatically a violation of the Fair Debt Collection Practices Act, a District Court judge in Illinois has ruled, determining that the injuries alleged to … The post Daily Digest – December 14.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Bringing Baby Bonds to Massachusetts

Prosperity Now

Over the last several months, the Massachusetts Baby Bonds Task Force , which includes Prosperity Now Policy Fellow, Shira Markoff

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Prepared Statement of Director Rohit Chopra before the House Committee on Financial Services

Consumer Finance

The prepared statement of CFPB Director Rohit Chopra before the House Committee on Financial Services on December 14, 2022.

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5 Ways to Handle Debt During Inflation

Nerd Wallet

Tiffany Curtis writes for NerdWallet. Email: tcurtis@nerdwallet.com. The article 5 Ways to Handle Debt During Inflation originally appeared on NerdWallet.

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Daily Digest – December 16. Suit Accuses Collector of Attempting to Collect on Non-Existent Lease; Cap One to Pay $2M to Settle Collection Enforcement Action

Account Recovery

SUIT ACCUSES COLLECTOR OF ATTEMPTING TO COLLECT ON NON-EXISTENT LEASE A debt collector has been sued for allegedly violating the Fair Debt Collection Practices Act and the Fair Credit Reporting Act for attempting to collect on an account that was placed with the agency for an apartment lease — which the plaintiffs claim was never … The post Daily Digest – December 16.

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Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv