IRS 2021 “Dirty Dozen”- Personal Information Cons

RogerRossmeisl

The post IRS 2021 “Dirty Dozen”- Personal Information Cons appeared first on Roger Rossmeisl, CPA.

Businesses May Receive Notices About Information Returns That Don’t Match IRS Records

RogerRossmeisl

The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records.

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Help Safeguard your Personal Information by Filing your 2021 Tax Return Early

RogerRossmeisl

How tax identity theft occurs In a tax identity theft scheme, a thief uses another individual’s personal information to file a bogus tax return early in the filing season and claim a fraudulent refund.

IRS destroyed 30M paper information returns due to backlog

Accounting Today

E-filing Tax returns TIGTA IRS Tax

Cyber Security, Change Management and Enterprise Risk Management: Scaling Operations for Growth

Speaker: William Hord, Vice President of Risk Management and Compliance

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

IRS blasted for destroying millions of information returns

Accounting Today

Tax returns IRS Tax AICPA Charles Rettig

Sharing Information

RitaKeller

We shared information. I learned so much because we shared information. Never stop sharing information and learning from others. “If you have knowledge, let others light their candles in it.” ” – Margaret Fuller. One of the ways I progressed in my career in public accounting was to network with others working in the public accounting profession (firm administrators, managing partners, marketing directors, HR directors, IT directors, etc.).

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Sources of Information for Fraud Investigations

FraudFiles

Without information, a fraud investigation goes nowhere. There are abundant sources of information on people and companies, and the availability of personal information on the internet continues to grow. A wealth of information is available from public records.

Controlled Unclassified Information Compliance with Microsoft 365

Withum

Over the past couple of years, Withum has been quite involved with Department of Defense contractors who must meet Controlled Unclassified Information (CUI) requirements on the corporate data they are working with. Ensure your company’s controlled unclassified information stays controlled.

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New internet phishing alert!

Inform Accounting

address and may ask for confirmation of personal information or provide false links or download attachments. Do not give out private information (such as bank details or passwords), download attachments or click on any links in emails if you are not sure they are genuine.

SIA, INFORM Team Up To Advance Digital Payments Authentication

PYMNTS

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. The initiative will be powered by INFORM’s RiskShield, an advanced risk evaluation solution.

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

Cloud & Information Tech Sponsors at Scaling New Heights (Part 4)

Intuitive Accountant

This is the final installment of our series on Cloud and Information Technology Sponsors appearing at this year's 'Scaling New Heights' in Orlando.

Former Big 4 Managing Director Ed Keck Joins Withum to Lead Cyber and Information Security Practice 

Withum

Withum, a top 25 public accounting and advisory firm, welcomes experienced cybersecurity professional, Ed Keck , as a Partner and Market Leader of the Firm’s Cyber and Information Security Practice. For more information, please visit www.withum.com.

SIA, INFORM Team Up To Advance Digital Payments Authentication

PYMNTS

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. The initiative will be powered by INFORM’s RiskShield, an advanced risk evaluation solution.

Tracking Vendor Information for 1099

Withum

Articles

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IRS Information Letter Explains Requirements for Expenses to Qualify as Medical Care

ThomsonReuters

IRS Information Letter 2022-0005 (Feb. The IRS has released an information letter regarding the requirements for expenses to qualify as medical care under Code § 213. EBIA Comment: This IRS information letter does not break new ground or include any surprises.

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The 21st-Century CFO: Inspiration and Insights from Top Experts in Finance

Their stories are informative and inspirational with careers forged in today's most storied companies. Our eBook pulls from Airbase's Path to Becoming a CFO interview series on the preparation, opportunities, and mistakes of 20 top names in finance.

Cloud & Information Tech Sponsors at Scaling New Heights (Part 1)

Intuitive Accountant

Murph begins his look at some of the Cloud and IT Sponsors at this year's Scaling New Heights in Orlando

T1134 Information Return Relating to Controlled and Non-Controlled Foreign Affiliates

DMCL

Canadian resident taxpayers who own shares of non-resident corporations are generally required to file a T1134 information return if the non-resident corporation is a “foreign affiliate” of the taxpayer.

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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release.

Using Ethical AI To Turn Citizens’ Information Into Insight

PYMNTS

The review, the opinions, thumbs up and down, and information passed in 240-character bytes are too far-flung, and constant, to monitor effectively. In the service of business, of society at large, artificial intelligence (AI) can be effective. It can be fast. Can it also be ethical?

Path to Becoming a CFO: David Goulden, CFO at Booking Holdings

Speaker: David Goulden, CFO at Booking Holdings, and Jeff Epstein, Veteran Tech CFO

Join us for this conversation between David Goulden, CFO at the world’s leading provider of online travel and related services, Booking Holdings.

Cloud & Information Tech Sponsors at Scaling New Heights 2022 (Part 3)

Intuitive Accountant

Here's Murph with more in the way of Information Tech Sponsors at this year's conference. Remember to say a special hello to the first time exhibitors

NEW REPORTING REQUIRED: Corporate Transparency Act Beneficial Ownership Information

LSLCPAs

The post NEW REPORTING REQUIRED: Corporate Transparency Act Beneficial Ownership Information appeared first on LSL CPAs. Congress passed the Corporate Transparency Act (CTA) on January 1, 2021. Compliance is supposed to have occurred by January 1, 2022. However, it’s not quite ready yet.

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Information on Filing T4s/RL-1s and T4As for Small Business Owners

Ronika Khanna CPA,CA

When I became a small business accountant, who was now either responsible for preparing this information or providing guidance to my clients, I realized that the process was somewhat more complicated. See link to information that you need to prepare the T4 slip.

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NexaCollect Rolls Out Android App For Debt Collection Information

PYMNTS

The rollout of the app lets the accounts receivable (AR) portal company provide the newest information, updates and pertinent notifications to the smartphones of clients, according to the announcement.

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Path to Becoming a CFO: Howard Wilson, CFO at PagerDuty

Speaker: Howard Wilson, CFO at PagerDuty and Jeff Epstein, Veteran Tech CFO

Join us for this fascinating conversation between veteran tech CFO Jeff Epstein and PagerDuty CFO Howard Wilson. Howard’s path to CFO is unlike any other we have seen over the two years this series has been running. Until becoming CFO at PagerDuty, Howard had not held traditional finance and accounting positions. This session offers a glimpse into an alternate path to the more often observed Big Four or investment banking backgrounds.

Securing Digital Identities In The Information Age

PYMNTS

Phone numbers, email addresses, usernames and other online signifiers have become essential to verification as the world becomes more connected. In B2B news, Visa is launching an end-to-end payments network called Visa B2B Connect , which is built on elements of distributed ledger technology and the open-source Hyperledger Fabric framework. And, in retail, firms from automakers to merchants are tapping into connected commerce technology. All this, Today In Data.

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Denny’s Announces New Chief Information Officer

PYMNTS

has named Michael Furlow its new chief information officer and senior vice president of information technology. Food Business News reports that prior to joining Denny’s, Furlow was chief information officer for Red Robin Gourmet Burgers from October 2015 to April 2017. He previously spent four years as senior vice president of information technology at CEC Entertainment and was at Brinker International as senior vice president of information systems for six years.

CMS Memo Provides Agency Contact Information for Surprise Billing Disclosures

ThomsonReuters

CMS Memo: Required Federal Agency Contact Information and Website to List on Certain Documents Related to the No Surprises Act (Oct. For this purpose, the memo identifies a CMS website that contains general information about the surprise billing rules.

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IRS Information Letters Address Fundamentals of HSAs and HDHPs

ThomsonReuters

IRS Information Letters 2021-0008 (May 11, 2021) and 2021-0014 (April 16, 2021). The IRS has released two information letters that provide general information about health savings accounts (HSAs) and high-deductible health plans (HDHPs).

Path to Becoming a CFO with Alan Black, former CFO at Zendesk and Founder of Surfspray Capital

Speaker: Jeff Epstein, Veteran Tech CFO, and Surfspray Founder, Alan Black

Join us for this very special conversation between two top CFOs turned investors. Jeff Epstein, Partner at Bessemer Ventures and former CFO at Oracle, will interview Alan Black, who is the founder of Surfspray Capital. The session we’ll get the inside story on the choices Alan made on his career path and how they might help inform your decisions.

Cloud & Information Tech Sponsors at Scaling New Heights 2022 (Part 2)

Intuitive Accountant

Murph continues his look at cloud and IT sponsors at this year's conference with a peek at some IT specialists

IRS Information Letters Address Substantiation Rules for Health FSA Debit Card Programs

ThomsonReuters

IRS Information Letters 2021-0003 (Dec. The IRS has released two information letters that address the substantiation rules for health FSA debit card programs. The other letter responds to a request for information about the substantiation rules for health FSA debit card transactions.

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How Cloud-Based Accounting Software Can Benefit Your Business

DuctTapeMarketing

Because instead of your information being saved to your desktop or somewhere else on your computer, it’s saved on a secure cloud server, meaning even if your computer crashes or gets hacked, this financial information is still secure because it’s not saved locally to your device. Add contact information to your accounting records. By keeping your financial information current, you are able to quickly identify cash flow gaps and other areas of concern immediately.

FinCEN Director: Bankers, Lawyers Provide Valuable Information To Deter Crime

PYMNTS

10 that the information they report provides important data for agents, analysts and investigative personnel, according to his prepared remarks. We use the information that you provide to protect our national security, our financial system, our communities, and our families.

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2021's Hot Tech Tools and Services for Financial Professionals

Speaker: Stephen M. Yoss, CPA, Partner at Devmatics, LLC

Attend this session and you will receive a bundle of new technology ideas to consider implementing into your organization. You’ll find new ways to save time, increase organizational effectiveness and gain new competitive advantages.

Equifax Gives Congress More Breach Data Information

PYMNTS

Equifax , the embattled credit scoring company that was the subject of a massive data breach last fall, provided several congressional committees in the Senate and House with more information on the data compromised in the breach. Equifax said in the statement that the additional information provided to Congress includes how many U.S.

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Facebook Has Been Trying To Obtain Financial Information For Years

PYMNTS

Facebook may be under fire for how it handles the data on its more than two billion monthly active users, but the social media company has been trying to get its hands on financial information from the financial services firms for years, reported The Wall Street Journal. Several financial firms that were concerned about privacy reached agreements with the company to limit how it can use information that comes through its servers.

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Glitch At National Bank of Canada Exposes Personal Information

PYMNTS

21) that a glitch on its website may have exposed the personal information of more than 400 of its customers. The report noted that addresses, social insurance numbers and banking information were not among the customer information disclosed due to the glitch. In that data breach, the fraudsters may have stolen numerous important and identifying information on consumers, including birth dates and Social Security numbers.

Court Rules That Health Plan’s Informational Phone Calls May Have Violated Telephone Consumer Protection Act

ThomsonReuters

The health plan contended that the NDNC registry did not prohibit its calls because they only provided information about the health plan and were not solicitations—they did not mention or encourage the purchase of property, goods, or services. Fiorarancio v. Wellcare Health Plans, Inc.,

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The #1 Cloud ERP Software to Manage Your Small to Mid-size Business.

From startup to enterprise NetSuite offers an ERP solution to help businesses scale and grow. With visibility and control when adaptability has never been more important, you’ll be able to streamline the right process and make smarter decisions, faster.