Top Legal and Financial Services in Saint Charles, MO 63301
Recent Reviews View all
Pundmann Ford
By James Walker June 25, 2017
As a second generation Pundmann customer, their service and support has always been fantastic. ...read more
Pundmann Ford
By William Bowen June 20, 2017
My Expedition would just quit with an electrical problem and I would be stuck. I got it to the Pundmann Ford Dealership and they were able to work me into their system and get me going in 1 day. They were very pleasant to deal with and did great work ...read more
Pundmann Ford
By Kathleen Hof / Henry June 19, 2017
Awesome service as always. ...read more
New Photos 128 photos
Blogs View more
Client Services, Inc
Client Services, Inc. (CSI) was founded in 1987 in the heartland of America, steadfast on Midwestern values. CSI quickly established a reputation for providing superior quality and consistent performance. From its inception, CSI has paid special attention to attracting and retaining outstanding talent. As a result, CSI̢۪s workforce is comprised of individuals with the drive and determination required to flourish and succeed in a competitive environment. It is that same spirit that has helped Client Services evolve into a full-service Customer Relationship Management company. Today, CSI offers a full suite of Accounts Receivable Management (ARM), Business Processing Outsourcing (BPO) and Healthcare solutions. As a company with full call center capabilities, CSI has the expertise and the resources to manage the life cycle of your customer base. Client Services, Inc 3451 Harry S Truman Blvd St. Charles, MO 63301 Phone: (636) 947-2321 Contact Person: Mont Little Contact Email: mont.little@clientservices.com Website: www.clientservices.com You Tube URL: http://www.youtube.com/watch?v=CA-TZMjpeS4 Main Keywords: accounts receivable management, business process outsourcing, benefits verification, call center, collections, insurance authorization, medical billing ...read more
By Client Services Inc August 27, 2013
Reimbursable Business Expenses
What exactly is a reimbursable expense? It can be an expense a company incurs when performing work for a client, such as postage, mileage, meals. It can also be an expense when an employee purchases either goods or services for the employer. Or it can be when a company bills out material and labor costs on a cost plus basis. There are two types of reimbursable plans, accountable and non-accountable. With an accountable plan, the employee or company saves all receipts and is reimbursed for the expenses. Anything without a receipt becomes taxable either to the employee or company. For example, an employee may go out of town on a business trip. The cost of the gas, or airfare is reimbursable, along with meals and other incidentals related to the trip. An advance would not be taxable to the employee until after all receipts were turned in and reconciled with any cash returned. If the receipts do not match up with the amount of the advance, then the difference owed the company becomes wages to the employee subject to federal, medicare, social security and futa tax. An advance should be posted to an Expense Advance account on the Balance Sheet. After the receipts are turned in, then the Expense Advance account is credited and the proper expense accounts are debited. Other types of reimbursements would be cell phone usage, if for the benefit of the company, meals, mileage, tolls, and parking. A non-accountable plan is just like it sounds. There is no accounting for the expense. Instead, the company will give an employee an allowance for the benefit. This allowance is a taxable fringe benefit to the employee. These fringe benefits are taxable for federal, social security, medicare and futa tax. A company that incurs expenses on behalf of their client will bill their clients for those expenses. Some companies, like lawyers, accountants, and doctors will not bill separately for postage, copies, travel, etc., but rather include the cost in their fees. Other companies will bill their clients for the exact amount of the expense. In this case the expense will be credited for the amount of the reimbursement. Contractors, builders, and other service type companies may offer their clients a “cost plus” contract. The reimbursable expenses will have an additional cost added to it. This additional cost is income for the company. There really is no right or wrong way to record a reimbursable expense. It just depends on how the company wants to view the financial statement. All of the reimbursement can be credited against the expense or credited to an income account. You could also split the account if you use the “cost plus” method and record the actual expense reimbursement to the expense and the amount above the reimbursement to an income account. However you plan to record your reimbursable expenses, remember to record your meals in an account by itself because it is treated differently on your tax return. ...read more
By Top Notch Bookkeeping March 02, 2012
Group Health Insurance May Not Always Be the Best
. With the rising cost of healthcare more and more Americans' are no longer provided health coverage through their employers, if your healthy that may not be a bad thing. Depending on your employer's health insurance cost, an individual policy may cost less. With an individual policy you gain more control over your own benefits and cost, while with group you have very little say in the decision. Individual health insurance is not tied to your job and can provide you with piece of mind later if you lose your job or become uninsurable. The ability to reevaluate what's important to you when needed can possibly save you hundreds of dollars. As the economy causes more employers and more people to tighten their budgets, it may be time to look at your health coverage differently, before it's too late. Group health insurance can be expensive in comparison to individual, and in the individual insurance market pre-existing health conditions can cause denial of coverage. By law no one in a group insurance plan can be denied coverage due to medical conditions such as heart surgeries, diabetes, bi-polar etc. and having to insure these individuals creates a high financial risk to the insurance carriers.*** To help with those cost associated with the risk, the State of Missouri allows insurance carriers to increase premiums as much as 107% over the preferred rates for healthy people.* Rules vary state to state so check with your individual states' department of insurance. Medical underwriting determines the medical risk associated with the group. Premiums are then increased accordingly and all group members pay an equal cost for these medical conditions, not just those with the conditions. Evaluating the percentage your employer pays for you and your family's health insurance, plus the portion you pay, are all important in determining if an individual policy would be less or more favorable. Your family's portion of coverage could be drastically more expensive if you are pay 100% of the premium yourself and your group has lots of health conditions. Insuring family members on a separate family policy has become more common as families try to save. With group insurance you have less control over deductibles, co-insurance and benefits unless you are the owner or decision maker, while with individual insurance policy the choice is yours. What one person can afford, another may not be able to. This can not always be taken in to account during the decision process when it comes to group health insurance. Needs may vary from one person who visits the doctor weekly to another who may only see a doctor every few years. Why pay higher premiums for benefits you might never use? Control over your money and your health for your individual situation can be maintained easier thru an individual plan, not through a group. Employer paid insurance benefits can be nice but, what if you lose your job? Your employee health benefits are only good while you are employed. COBRA could be available but you are 100% responsible for the health insurance premium. On COBRA you are responsible for the portion your employer has been covering. Another scenario to consider is what happens if during your employment you have had open- heart surgery, was diagnose with diabetes, had a severe car accident or can't work? Your only options would be COBRA if there is an option and only during the allowable benefit period, a HIPPA plan, state option where available, or to go without insurance.** The Missouri Insurance Health Pool is the state of Missouri's resource, but it is very expensive and has limitation.**** With an individual plan you own it for as long as you pay the premiums. If the premium is considerably less than your group insurance it could be easier to pay. Just as group insurance costs are on the rise, so are the individual insurance costs. Premiums do increase with age and your area's claims history, not by your personal insurance usage with individual coverage. Insurance carriers are constantly battling for business and along with this battle they will bring out new plans, lower rates or both frequently. As long as you remain healthy, your health policy should be re-evaluated annually to help save you money. An independent agent's job should include providing you with annual updated quotes, and most carriers should be available through the agent for honest comparisons. Individual policies can not be affect by others health conditions and/ or decisions, but are based on you alone while allowing you some freedom of choice. Escalating insurance costs are currently causing more business' to cut benefits or eliminate insurance all together. Consumers are also trying to cut their own cost as our economy brings more worry, what better time to save money than now? Evaluating between your employer health insurance options or purchasing an individual insurance policy could save you hundreds of dollars annually. Investigate all options available to you and then call an independent agent for a free second opinion. Most agents are happy to sit down, help educate you and give you an honest comparison of what is available for your situation. Make sure to ask all the questions you may have, after all you have nothing to loss and only money to gain. Sandra Reeves, owner of The Reeves Group in , is an independent insurance agent who specializes in health, life and Long Term Care insurance. Educating consumers on insurance is not just a job but a pleasure with us. Visit our website for our monthly newsletter athttp://www.thereevesgrp.com.Resources used for this article are: *Missouri Department of Insurance website athttp://www.insurance.mo.gov including articles found at this site- **"Options after you health insurance is terminated" and ***"Small Business Health Insurance", and the ****website for the Missouri Health Insurance Pool -http://www.mhip.org. ...read more
By The Reeves Group October 13, 2009