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Positive Pay and how it can Protect You from Fraud

Positive Pay is a service offered by banks that is designed to reduce fraudulent check-cashing against your account.  If you are writing checks on your bank account, then the positive pay service may be beneficial to your business.  How Positive Pay Works When you activate positive pay, you must send a file of checks that you have written to the bank.  Those checks will not be cashed against your account unless they match by check number, dollar amount, and account number.  Your file may Read more [...]
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Tax Time, Ready or Not

It’s always a huge relief to many people who get their taxes done early.  That gray cloud of stress that nags at you to get it over with can be gone in a matter of weeks instead of months.  April is right around the corner, and here are a few tips to cross that task off your to-do list way before spring. Catch Up on Your Books If your books are behind, the first step is to get everything recorded so that your tax return will be accurate.  With automated bank feeds and data entry automation, Read more [...]