The Real Cost of Filing 1099s Incorrectly: Penalties, Fees, and Fixes
Most teams think of 1099s as quick year-end paperwork, right up until a small mistake turns into penalty letters and surprise administrative cleanup. The IRS tightened its rules in recent years, including the shift to mandatory electronic filing once a business hits ten information returns. Even tiny inaccuracies travel far once they enter that system. […]
How Lockbox Services Reduce Days Sales Outstanding (DSO)
Lockbox services sit at an interesting crossroads in finance. DSO keeps rising across many organizations, and check payments, though shrinking, still account for about 26% of B2B transactions. That mix creates delays that companies can feel in their cash flow. Slow mailrooms, inconsistent deposit routines, and scattered remittance data all drag the payment cycle. Modern […]