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IRS warns of new scam involving unclaimed refunds

Accounting Today

The Internal Revenue Service is cautioning taxpayers to beware of a new scam in which fraudsters are sending out cardboard envelopes from a delivery service asking for personal info.

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Moving Startups Think Outside The (Cardboard) Box

PYMNTS

Some entrepreneurs are inspired to create businesses stemming from their jobs. Wesley Rankin founded HiveBoxx , which rents out durable plastic boxes, based on his own experience at work. As a real estate agent, he noticed a “great opportunity to improve the moving experience,” Rankin told PYMNTS in an interview.

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IRS Scams

Dent Moses

Tax Refund Scams: Fraudsters are mailing taxpayers what looks like a cardboard envelope from a delivery service. For instance, a phishing scam targeting payroll departments sends emails that appear official, requesting W-2 forms. Employees may share these forms, enabling fraudsters to exploit the data for criminal purposes.

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IRS Warns of New Tax Refund Mail Scam

CPA Practice

Some people are receiving cardboard envelopes in the mail containing the IRS masthead and the wording: “in relation to your unclaimed refund.” By Kelley R. Taylor, Kiplinger Consumer News Service (TNS) There’s a new IRS scam to watch out for.

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Suppliers Struggle To Keep Up With Manufacturing Snap Back

PYMNTS

In addition, the price of paper used for corrugated cardboard is up, along with demand for boxes used for eCommerce deliveries, which have skyrocketed since the pandemic began. Because of that, prices for things like steel and copper, among other industrial commodities, are higher than they have been in years, Fox Business writes.

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Getting Tough on Mid-Tier Firms Will Only Cement the Big 4 Oligopoly, Says Audit Partner Whose Firm Needs to Git Gud

Going Concern

Now, with audits staffed by cardboard cutouts of seniors, they want to get extra tough on firms huh? This sudden heavy hand on the part of audit regulators couldn’t possibly be more ill-timed. Why couldn’t they get tough on audit quality back in 2010 when firms had a surplus of warm bodies to throw at audits?

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Packing Robots Coming To Amazon Warehouses

PYMNTS

Running the machines requires one person to load the customer orders, another to stock cardboard and glue and a third technician to handle any jams. They can pack 600 to 700 boxes an hour, which is four to five times faster than humans.