Monthly Archives: May 2011

IRS Delays 3% Withholding Requirement to 2013

Posted by on May 10, 2011 at 2:28 pm.

Monday, May 9, 2011 by Jacob Barron, NACM National  Hearing Scheduled in House Small Business Committee The Internal Revenue Service (IRS) issued final rules last week that delay the 3% withholding requirement on government contracts until 2013. Under this arrangement, the withholding and reporting requirements will generally apply to payments made after December 31, 2012. [...]

How to: Certify as a Credit Professional

Posted by on May 2, 2011 at 8:01 pm.

Many credit professionals did not aspire to a career in credit and collections, they just fell into credit as did I. It was clearly not my choice. I was given increasing responsibilities which raised me to the level of my incompetence, which drove me to NACM for education. Not only did NACM education help me do a better job, but I found that I absolutely enjoyed learning, getting promoted, making more money and associating with the finest individuals in our community.

As I obtained professional certifications, there was a noticeable impact on my employer’s bottom line profitability and this opened amazing opportunities for me.

Have you wondered what a Professional Designation requires? Here is my “bare bones, condensed version” of the certification process.