HEADLINES HEADLINES

New IRS rules on credit card reporting will create problems, report says

A report released last week says using Form 1099-K to report certain payments might be problematic because the forms won't directly match the amounts reported on tax returns.

Is AR management industry looking at a long recovery? Part I

Although much of the evidence is based on consumer behavior, the trend is still interesting for AR professionals in business-to-business work.

AvidXchange named to Inc. magazine's list of fastest-growing companies

Automated bill payment solutions provider AvidXchange, based in Charlotte, N.C., holds the ranking of 242 on the 30th annual Inc. 500/5000 as one of the fastest-growing private companies in the United...

IRS is overworked with record number of tax-law changes, report says

Coping with the largest set of changes in 20 years has put a strain on the agency, according to a report by the Treasury Inspector General for Tax Administration.

Lawsuit says offshoring call center violates Bank of America customers' privacy

By allowing offshore operations to handle its call centers, Bank of America is putting its customers' financial information at risk, a class-action lawsuit alleges.

Newspaper: Georgia government not reporting AR figures to the public

To gauge the effectiveness of the state government's collections efforts, The Florida Times-Union in Jacksonville requested accounts receivable information.

SEC launches whistleblower program

The U.S. Securities and Exchange Commission has opened its new Office of the Whistleblower and a companion website to provide monetary rewards for tips.
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