Client's Day 2023 is on Sunday, March 19, 2023: My client's insurance wont pay the money they owe us. How do i collect the unpaid amount owed?
Sunday, March 19, 2023 is Client's Day 2023. International clients' day – unofficial holiday when companies' owners and managers thanks their clients.
International clients' day – unofficial holiday when companies' owners and managers thanks their clients.
Health insurance carriers have up to 30 days to pay a clean claim (meaning all coding and information on the claim is correct). Most will take longer if you are not submitting claims electronically.
The claims that I submit to Medicare electronically are usually paid within 10-15 business days. It all depends on the carrier, how accurate your claim information is, and whether you send paper or electronic claims.
How Do you do as a Tax Preparer to receive your client's Tax money and give him a Cash Advance or loan for it?
The tax preparer cannot take possession of the client's tax refund. That is against IRS regulations. The process is a three party transaction with the client, the tax preparer, and a bank.
The tax preparer partners with a bank. The bank loans the client the refund amount (less fees to the bank and to the tax preparer). The money may be instantaneous, or in 1 or 2 business days. The client signs a loan agreement with the bank, which allows the bank to receive the client's refund in repayment of the loan. The bank receives the refund, the loan is paid off and the bank pays the tax preparer.
The entire process normally takes from 8 - 15 days. The current APR on these loans is as low as 36%, far below what the rates were a few years ago before the industry became extremely competitive.
Can I sell a client's art prints if they never claimed them or paid after years of phone calls?
I would send a registered letter that he has 30 days to pick up the items or they will be considered abandoned property. After 30 days then you legally would have the right to sell. This is common law in most states, you can't just assume he won't return.