Insights: Article

ALERT New Email Scam

September 27, 2016

The IRS is alerting taxpayers and tax professionals that an email scam is circulating with fraudulent CP2000 notices, requesting payment related to the Affordable Care Act. The fraudulent notices instruct the taxpayer to send a check made payable to "I.R.S." to a P.O. box address.  

Notice CP2000 is a real IRS letter sent in many instances where information reported on a tax return does not match information returns submitted directly to the IRS (e.g. Forms 1099, 1098, W-2, etc.). However, the IRS does not initiate contact via email or social media, and any tax payments sent to the IRS should be made payable to "United States Treasury" and mailed directly to an IRS address rather than a P.O. box.

Any letter or call received from the IRS should be scrutinized to determine whether it is authentic. If you have received an email, or phone call said to be from the IRS, particular caution is advised.

Latest Insights

June 20, 2018
Article
While cash management can be easy, there are a few key details that some organizations need to remember to avoid findings that could have otherwise been easily prevented.
June 15, 2018
Recorded Webinar
Congress has passed the largest and most comprehensive tax reform legislation in the past 30 years and businesses and dealerships are trying to figure out the tax implications and what this means for them in their current situation and moving forward.
June 15, 2018
Video
Learn more about the basics of cost segregation and whether your recent building purchase, renovation or new construction could reduce your taxes and increase cash flow.
June 14, 2018
Article
It is not to say that well run companies do not get breached, but all indicators lead to the conclusion that if certain things are done from the top down, the effects and cost of defending your company against data breaches, and recovering from a breach…
June 14, 2018
Article
All deals are unique in the world of transactions but unique does not have to equate to surprises on either side.
June 12, 2018
Article
As taxpayers work closely with their tax advisers to develop tax projections and planning strategies, state income taxes take on greater importance than in the past - in addition, some states’ legislatures will not be taking up the issue of federal…