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March 25, 2010

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Bless

This is my second year using Drake Software and I really love the ease of the format. Unfortunately I decided to use E-Collect as my bank product this year and I've had issues with check cashing vendors cashing the E Collect Checks. I live in Tampa, Florida and every where I go vendors tell me the same thing. My check numbers match up, I can verify it manually myself by contacting e-collect but most vendors refuse to use any number except the number on the check. I'm stuck in a catch 22 and I have customers who are fuming because they can't cash their checks. My only other solution is to deposit the checks into my account and pray. Is anyone else having this problem with e-collect?

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    A reader should seek advice from an independent tax adviser with respect to the information on this blog based on the reader’s particular circumstances. This advice is intended to be general information and cannot be used for the purpose of avoiding penalties that may be imposed by the IRS regarding the transaction or matters discussed here.
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