Newsletters
Fraud Detection and Prevention
Posted July 2019
Fraud may be committed by senior executives, managers, and employees, and each of these three groups is about equally likely to do so. The higher up on the scale, the longer it takes to detect the fraud.
Truncated Taxpayer Identification Numbers Allowed on 2020 Forms W-2
Posted July 2019
As part of its efforts to reduce the risk of identity theft, the IRS has now issued final regulations allowing employers to truncate employees’ identification numbers on the W-2 statements provided to them on paper or in electronic format after December 31, 2020.
Bipartisan IRS Reform Enacted
Posted July 2019
On July 1st, President Trump signed the Taxpayer First Act, a lengthy piece of bipartisan legislation containing a variety of pro-taxpayer reforms to the IRS. Read on for a quick overview of the various items included in the bill.