In today’s world, immediacy has become the norm as individuals and businesses alike expect to be served quickly. With social media, instant, real time responses are common and with that, phishing, vishing, and account fraud have skyrocketed. In the financial and accounting industries, wire transfers have become a favorite target…
BOI (Beneficial Owner Information) reporting is a new mandatory business filing requiring most U.S. companies to submit their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN) in 2024. While the actual requirement to report the BOI information is very real, the reporting has led to the latest…
It can be daunting to be contacted by the IRS. You may wonder if something was filed incorrectly or was missed, if there are financial consequences, and you may worry how to resolve the issue. Because of this, scammers have started to impersonate the IRS to trick you out of…
