Tell your entire finance staff to be more vigilant than ever when opening their e-mail.
What to watch for: any message from IRS containing links to the service’s publications about business, excise, and exempt-organization tax compliance. (The e-mail also promises IRS help on one of the biggest finance headaches these days: retirement plans and IRAs.)
It’s a scam, says the taxman. When you click on the links, malware is downloaded that allows hackers access to your systems and passwords. Ouch. One good-intentioned click could prove very expensive.
Remind everyone: All legit IRS Web pages start with http://www.irs.gov
KEEPING A WATCH ON T&E:
The IRS pays a lot of attention to how you handle travel and entertainment expenses. To see the best practices, check out the Executive Report: T&E Best Practices: Complete Guide to Ensure Compliance
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