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ABC-Amega Articles

After more than 95 years in the commercial credit and collections industry, we know our stuff. But we believe it’s important for our clients to be educated as well.

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Network Security: Identifying Network Traffic Flows ›

As credit and collection professionals you eat, sleep, and breathe data. While data security may not be your primary responsibility, it’s important to recognize that it is something you need to be conscious of. Risks exist every day, but the

All Import and Export Transactions Must Be OFAC Compliant ›

All U.S. entities involved in international trade or financial transactions are required to comply with the Office of Foreign Assets Control (OFAC) regulations. No exceptions. Exporters and importers must comply.  Small, medium and large companies must comply.  Even individuals must

Ransomware: Could Your Company Be at Risk of Falling Victim? ›

How Ransomware Works Ransomware. The term strikes fear in the heart of any IT department, even a well-prepared and well-rehearsed one. However, it’s a surprisingly misunderstood threat by many of the managers and business owners that we interface with on

Red Flags Rule Compliance – B2B Companies Aren’t Necessarily Exempt ›

According to the latest Javelin Identity Fraud Study from 2021, total identity fraud losses climbed to $56 billion (USD) in 2020. As incidents of identity theft increase, the problem is gaining momentum as a serious problem worldwide. In 2008, the

Sales and Use Tax from the B2B Perspective ›

Sales Tax Nexus Every business knows that sales tax is the tax you charge a company in your state and/or local taxing jurisdiction when it buys your product or taxable service. But did you know, you could be responsible for

Introduction to Chapter 7 ›

Disclaimer: This article includes a brief overview of Chapter 7 bankruptcies. The information is not, nor is it intended to be legal advice. It is imperative that any action you take to be done on the advice of competent legal counsel,

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