December 10, 2018
Unfortunately, cyber scammers never take a vacation. In fact, the IRS has issued a warning of a surge in fraudulent emails that bait potential phishing victims with fake tax transcripts. Links within these emails lead recipients to documents containing the well-known malware, Emotet.
Fraudulent emails will look as if they are coming from the IRS and specific banks and financial institutions. These emails usually have an attachment labeled "Tax Account Transcript" or something similar with a subject line that uses some variation of the phrase "Tax Transcript." Be warned that scammers will likely also use other subject line verbiage.
This season’s scam targets not only individual taxpayers but businesses as well. If an employee opens the malware, it can spread through a company’s network requiring a time-consuming and expensive fix. Employers should be sure to educate employees on this newest scam and offer a refresher course on how to spot fraudulent emails.
Remember, the IRS never sends unsolicited emails or sensitive information via email. If you think that you have received a malicious email, do not click on the message. Instead, forward the potential fraudulent email to email@example.com and then promptly delete it. If you receive such an email at work, do not interact with it and alert your IT department immediately.
People do lots of things during the summer—take vacations, grill in the backyard, attend ball games and go to the beach, among other pursuits.
Being the owner of an LLC is an amazing accomplishment that entitles you to all sorts of rewards. Paying yourself should be the very first one. But how do limited liability company owners pay themselves? Well, there is more than one option, and the one you choose will largely depend on your personal preference.
Continue below to learn the 3 ways you can pay yourself as an LLC business...
If there is any united “American Dream”, it would have to be to own your own business, be your own boss, make your own rules. But even business owners have to follow some rules, namely ones dictated by the Internal Revenue Service (IRS). As a startup business owner, you are setting the pace for achieving your American dream. Just be sure you know the small business tax planning...