Month: January 2013

Vendor fraud takes many forms

Vendor fraud takes many forms Vendor fraud is like a leaky water main. Little by little it drains your company’s resources, but is often hard to detect. One survey found that U.S. businesses lose $65 billion annually to fraud, or…

Direct deposit of your tax refund can go awry

Direct deposit of your tax refund can go awry Ever since Congress passed the Pension Protection Act of 2006, you’ve had the option of depositing your income tax refund directly to an individual retirement account or IRA. In theory, that…

New law could affect your 2012 taxes

New law could affect your 2012 taxes A new tax law was born, right along with the new year — and some of the provisions could affect your 2012 federal income tax return. Here are two areas to consider. Charitable…

Payroll Update: What’s changing in 2013

  Payroll Update: What’s changing in 2013 Once you wrap up year-end payroll, the next step is to prepare for changes coming in 2013. Here’s where to start. Medicare taxes. Starting in 2013, the Medicare tax rate for certain employees…