IC System - Government-Internal-Debt-Collection-Tips

Much like other types of debt, past-due government accounts generally become more difficult to collect the older the accounts get. When the accounts age to the point where your office can no longer efficiently and effectively collect them, it makes sense to team with a trusted collection partner such as IC System to try to […]

wayfair online shopping IC System

The United States Supreme Court in June ruled in South Dakota v. Wayfair, Inc. that states can collect sales tax on purchases made from retailers that don’t have a physical presence in the state. The ruling overturns decades of legal precedence and is quite significant given the increasing role of online retailers in the modern […]

state-taxes-IC System

More than a decade has passed since the Great Recession started in 2007, marking the worst worldwide economic period since the Great Depression. In the interim, it’s been a slow crawl toward a healthy global market. We’re not entirely there yet. Not every state in the U.S. has turned around, but we’re close. The fourth […]

gsa-contract-holder-IC System

IC System is proud to announce that it has been awarded a five-year Multiple Award Schedule (MAS) with the General Services Administration (GSA) to provide debt collection services to the federal government and its various agencies. IC System’s contract is on the Professional Services Schedule (PSS), an indefinite delivery/indefinite quantity (IDIQ) multiple award schedules. GSA serves government […]

government-collection-agency-IC System

It is an unfortunate reality that some of your constituents will fail to pay for their services or taxes in a timely manner. At a certain point, you will want to retain the services of a debt collection partner to assist in realizing payments on these delinquent accounts. When the time comes to choose a […]

government collection best practices-IC System

Government agencies face unique sets of challenges which can prevent them from being run like businesses. But that doesn’t mean government entities that provide utility and other services shouldn’t strive for the sorts of efficiency and revenue maximization that commercial enterprises do. Reassessing your billing strategies with government collection best practices can decrease your volume of […]

government data analytics-IC System

A recent report from the Pew Charitable Trusts highlighted ways to use government data analytics to inform decisions. Data provides a necessary measurement tool from which states can justify decisions, balance their budgets, and ensure their fiscal responsibility. Applying data-based metrics to better understand areas from spending to staffing has helped improve state decision making. […]

New-federal-tax-bill-IC System

As states plan their budgets, many will find there are pros and cons to the new federal tax bill. Some states will experience a new increase in revenue, while most will notice the new law does nothing to reduce the significant balance of state and local accounts receivable. According to the Board of Governors of […]

Bankruptcies-Signal-Fiscal-Health-IC System

Bankruptcies among municipalities aren’t something you hear about every day. But since January 1, 2010, more than 60 cities and other U.S. municipalities have filed for bankruptcy according to Governing.com. Among the largest of these bankruptcies is Detroit, which filed bankruptcy in 2013. Historically, other major cities and counties have filed bankruptcy as well, including […]

Personal-Income-Growth-Rates-IC System

Tracking the rise and fall of personal income levels sheds a light not only on you and your family’s economic status, but it also allows state governments to follow economic developments. Personal income levels consist of an individual’s wages, as well earnings from investments, and benefits from your employer or the government. Personal income data […]