Employers should be advised on a bogus email scam referencing Electronic Federal Tax Payment System (EFTPS). The email being circulating contains a link, if clicked on, could be malicious software. This software is designed to gain scammers access to your financial information. The Internal Revenue Service does not make contact with taxpayers regarding EFTPS via [...]
Detecting fraud cannot always be an easy task but a few simply clicks can uncover your lingering questions. An automated accounting system such as QuickBooks is essential for a small business. Here is a simply way to determine who has made changes to transactions, this could prove to be very important is you suspect fraud. [...]
Many banks are offering Positive Pay as an added step in fraud protection. The service will help to safe guard your cash and ensure that you personally approve every check written by your company. The process goes as follows: 1. You write checks and mail them out to make payments 2. At the same time [...]
So you are worried about employee theft. What business owner these days isn’t? Due to the economic downturn over the last few years many employees are experiencing the hardest financial times of their lives and this has most owners looking over their shoulders and ledgers