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Ways To Keep Your Business Clean and Welcoming for Clients
A clean and welcoming business environment is more than just visually appealing; it’s central to the success and reputation of your company. A tidy and hygienic environment creates an immediate sense of credibility and professionalism,…
Future of Employee Productivity in Manufacturing & Construction
The manufacturing and construction industries have been facing dramatic changes for several years. Since automation and AI continue to develop at a rapid pace, these industries are becoming increasingly reliant on machines, real-time data, and…
How To Foster Trust With Aging Credit Union Clients
Building and maintaining trust is fundamental for small credit unions, particularly when working with older clientele. Aging clients often rely on longstanding financial relationships for their security and well-being. Trust isn’t just an asset—it’s a…
Fuel for Focus: How Nutrition Supercharges Workplace Productivity
The word “productivity” has undergone significant changes over the years. In the context of the modern workplace, it is now taken to imply how efficiently and effectively employees can focus, think, and stay energized throughout…
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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