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Workplace Romance: Navigating Love and Work and HR
Workplace romances have always been a hot topic of discussion, blending personal emotions with professional responsibilities. Whether it’s a fleeting crush, a serious relationship, or an ill-advised fling, the intersection of romance and work can…
How Digital Payment Solutions Can Streamline Mortgage Payments for Borrowers
The mortgage industry has long relied on traditional payment methods such as checks and Automated Clearing House (ACH) transfers for loan repayment. However, these conventional approaches are increasingly proving to be inefficient. They are also…
What is HCM? A Guide to Human Capital Management and Outsourcing Services
In today’s fast-paced business environment, managing employees effectively is just as crucial as developing a solid business strategy. This is where Human Capital Management (HCM) comes into play. But what is HCM? At its core,…
5 Ways To Automate Your Manufacturing Process
Automation has become a pivotal part of the modern manufacturing landscape, transforming the creation and delivery of products. With advancements in robotics, artificial intelligence, and advanced software systems, manufacturers now have a broader toolkit to…
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Did You Know…?
The latest IRS Information for Small Businesses
How to report fraud, scams and schemes
The IRS Office of Fraud Enforcement and IRS Criminal Investigation aim to raise awareness of tax-related fraud, scams and schemes. The IRS encourages businesses, individuals and tax professionals to recognize red flags and put defenses in place to stop scammers and those who promote unscrupulous tax schemes. Refer to the Dirty Dozen list, which the IRS compiles to raise awareness about common tax-related scams.
How to report suspected fraud:
- Form 13909, Tax Exempt Organization Complaint
- Form 14242, Report Suspected Abusive Tax Promotions or Preparers
Other tax news
- Give more, tax-free: Eligible IRA owners can donate up to $105,000 to charity in 2024
- Healthcare FSA reminder: Employees can contribute up to $3,300 in 2025; must elect every year
- IRS takes steps to help prevent refund delays: IP PIN for 2025 filing season; taxpayers encouraged to sign up
- Save for retirement now, get a tax credit later: Saver’s Credit can help low- and moderate-income taxpayers save more in 2025