Clark Rasmussen Taylor CPA's
Monthly Billing Terms

Billing Terms: 

1. Billing Method: 

  • Clients may choose to pay via ACH (Automated Clearing House) (FREE) or credit card. 

  • Credit card payments will incur an additional 3% processing fee (previously the credit card fee was 3.5%). 

2. Monthly Billing: 

  • Billing will occur on the day of the month selected by the client, as outlined in the new value-based billing agreement, or default to the 15th of the month.

3. New Payment System Features: 

  • Enhanced Security: Your financial information is protected with the latest encryption technology, including AES 256, RSA 2048, and SHA256 with RSA, ensuring full compliance with PCI DSS, HIPAA, and NIST standards. 

  • Ease of Use: The new system is user-friendly, making it easier than ever to make and track your payments. 

  • Flexible Payment Options: Choose a payment method to suit your needs, with the option to process your payment using ACH or credit card (with a reduced fee for credit card).

3. Payment Authorization:

  • By signing this term sheet, the client authorizes Clark Rasmussen Taylor CPA's to charge the specified account for the monthly fee. 

  • For ACH payments, the client agrees to provide the necessary bank account information. 

  • For credit card payments, the client agrees to provide valid credit card information.

5. Late Payments: 

  • Payments not received by the due date will incur a late fee of 2% per month, beginning the month following the late payment. 

  • Services may be suspended if payment is not received within 60 days of the due date. 

6. Convenience: 

  • No passwords needed. Simply follow this secure link and enter your email. We'll send you 

    a link via email to automatically sign in: https://app.payinvoice.com. 

  • Future invoices and payment reminders will include a unique secure link for easy payment. 

7. Termination: 

  • Either party may terminate this agreement with 30 days' written notice. 

  • The annual agreed amount will auto renew unless terminated by you or you are notified by me of price adjustments (also with 30 days written notice). 

  • Upon termination, any outstanding fees will be due immediately. 

8. Client Authorization:

This term sheet will be part of the required agreed to terms in your pay invoice portal.