credit card

Credit Card Transactions Pose Audit Risks For Business Owners

2017-11-20T21:18:20-05:00December 21st, 2017|

Small business owners beware: the IRS may scrutinize reporting of credit card transactions more closely after it was criticized for lax enforcement. The IRS' overseer, the Treasury Inspector General for Tax Administration (TIGTA), recently said the IRS had been missing opportunities to audit tax returns that had large discrepancies between income and the card payments [...]

Data Security is an Essential Part of Customer Care

2019-07-02T20:51:12-04:00October 31st, 2016|

Security breaches of confidential data capture the global news headlines on a daily basis. Identity theft has become so commonplace that credit card companies and banks market their protection efforts as free services to their customers. The IRS is at risk too, with impersonators using the fear and authority of the government to prey on [...]