by Brian Mahany Just 2 months ago (July 5th) we warned of various payroll processing frauds that prey on small businesses. The IRS must have been listening since they too just issued a warning. Because these frauds can bankrupt a business, the warnings bear repeating. Many small and medium size businesses outsource their payroll processing […]
Payroll Processing Fraud
by Brian Mahany Many small businesses hire payroll processing companies to avoid the volumes of paperwork associated with weekly payrolls. Cutting checks; deducting state, unemployment, social security and federal taxes; keeping track of year-to-date deductions; filing various tax returns and remitting the taxes on a timely basis takes quite a bit of time. It’s almost […]