Don’t Take the Bait – Business Identity Theft
The third topic of the 10-week IRS series “Don’t Take the Bait”, which focuses on security updates for tax professionals, is that of business identity theft. The July 25th article offers advice on how tax professionals can protect their clients—and their own businesses—from business-related identity theft. To start, the post offers a brief overview of…
A Benefit for Employees That Matters Even More Than Their Salary
A new study found that many employees believe that paid time off should be included in their benefits package. Although benefits packages differ from business to business, it may satisfy your employees to know that some PTO is available. In an article from Inc. author Brenda Barbosa writes, “According to a survey by TSheets, 88…
Don’t Take the Bait – Account Takeovers
Account takeover tactics are the topic for the second installment of the 10-week IRS series “Don’t Take the Bait”, which focuses on security updates for tax professionals. The article, published on July 18, warns tax professionals to be alert as account takeovers by cybercriminals are on the rise. “Account takeovers occur when a thief manages…
11 Things Every CEO Must Know About Disruption
In the business world today your business can either be known as a disruptor or the disrupted. Success in any industry relies on a CEO’s ability to see changes in the market and react accordingly. When CEO’s fail to react, and therefore become disrupted, businesses trend downward. In an article from Inc. author Gordon Tredgold…
Don’t Take the Bait – Spear Phishing Schemes
The IRS recently kicked off a 10-week series on security updates for tax professionals called “Don’t Take the Bait”. The first post in the series, published on July 11, addresses spear phishing emails and how to avoid falling for their scam. Tax professionals are often the targets of spear phishing schemes. The goal of cybercriminals…
5 Ways Going Paperless Will Help Your Business
The era of using paper processes is coming to an end. Businesses are switching to technological advances that allow them to ditch paper. But not every business is opting to get rid of paper processes. Why is that? In an article from Small Biz Daily author Nick Candito writes, “In many companies the paper trail…
4 Ways to Resolve Creative Differences in the Workplace
Creative differences in the workplace can lead to messy situations. While some differences have easy resolutions, there can be times when both parties cannot find common ground, leading to a strained and tense workplace. How can both employers and employees resolve these differences? In an article from Entrepreneur, author Will Meier writes, “Creative differences don’t…
Social Media, the IRS, and Tax Audits
Did you know that the IRS uses your social media use as part of their audit determinations? Be careful when you post about how much money you saved during tax season! In an article from Inc., author Steve Mendelsohn writes, “With the IRS suffering a tax collection gap of roughly $300 billion per year, the…