Month: August 2018

IRS Encourages Tax Pros to WARN Clients: ID Theft Against Employers

A swelling wave of identity theft attempts against employers has the IRS pretty concerned. So much so, it is offering advice about how business owners can be on the defense to protect their businesses. As tax pros, we all know identity theft has been around a long time and if someone falls prey, it takes …

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Taxpayers Proceed With Caution Warns the IRS

Not so fast, taxpayers! Proceed with caution, warns the IRS, after New York and New Jersey approved workarounds involving charitable organizations. Earlier this year New Jersey Governor Phil Murphy and New York Governor Andrew Cuomo signed new legislations in their respective states allowing local governments to set up charitable organizations that can accept property tax …

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