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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…
How Improving Accessibility Will Increase Salon Profits
Building a welcoming, inclusive salon isn’t just the right thing to do—it’s also a smart business move. Accessibility goes beyond simply following regulations; it’s about creating a space that works for everyone. If you’ve been…
Discover These Top Leadership Tactics for Fostering Innovation
Fostering innovation is essential for small businesses looking to grow and stay competitive – but how do you actually make it happen? In this article, 15 business leaders share the top leadership tactics for fostering…
Why the Semiconductor Industry Faces Logistical Issues
The semiconductor industry is essential for meeting growing technological demands. Despite its critical importance, the industry is grappling with significant logistical challenges that disrupt production and innovation. Why the semiconductor industry faces logistical issues has…
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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