Category Archives: Blog

DO YOU KNOW WHAT YOUR BUSINESS CLASSIFICATION NUMBER IS?

Posted on December 5, 2011 by admin

Standard Industrial Classification System (SIC) is replaced with the North American Industry Classification System. NAICS is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the … Continue reading →

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NACM Welcomes Repeal of 3% Withholding Tax

Posted on November 23, 2011 by Elizabeth Heintz

After five years of opposition, the National Association of Credit Management (NACM) today welcomed President Barack Obama’s signature of H.R.674, a bill that finally repeals the 3% withholding tax on local, state and federal government contracts. Had the bill not … Continue reading →

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