by Fishman, Block + Diamond, LLP | Dec 17, 2020 | Tax
The Bipartisan Budget Act of 2015 (the Act) enacted late last year repeals the existing partnership audit rules known as the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) and will allow the IRS to collect taxes associated with audit adjustments at the...
by Fishman, Block + Diamond, LLP | Dec 17, 2020 | Client Memo, Security
There is a new e-mail scam related to the Electronic Federal Tax Payment System (EFTPS) that we want you to be aware of. According to the IRS, the scheme targets individuals and businesses who utilize EFTPS to pay their federal taxes online or via telephone. The...
by Fishman, Block + Diamond, LLP | Dec 17, 2020 | Security, Tax
As the IRS announced the beginning of the 2018 tax filing season last week, it also warned that this is the time when identity thieves and fraudsters are actively seeking opportunities to steal from businesses and individuals. In addition to tax scams covered in our...
by Fishman, Block + Diamond, LLP | Dec 17, 2020 | Client Memo
Fraudsters exhibit behavioral warning signs of their misdeeds. These red flags are not to be ignored as they might be the key to detecting or deterring fraud. Employee Red Flags – Employee lifestyle changes: expensive cars, jewelry, homes, clothes Significant personal...
