In Pursuit of Profit

How to Identify Fake Financial News

6/21/2019

Fake news has quickly become a common topic of conversation, but fake financial news has generated far less discussion.

While leaders and even the press itself has been on a witch hunt for unreliable public information, financial misinformation and deception continues to be disseminated to unsuspecting readers.

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Washington Business Registration Renewal Letter Scam

6/4/2018

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Businesses in Washington should be aware of a possibly fraudulent letter claiming to be an official bill for annual business registration fees.

One letter received by an Edmonds-based business directed the business to send $121.86 to a post office box in Olympia. The letter stated, “your state annual report will not be filed until payment is received.”

The misleading letter did not include the Office of Secretary of State logo, as an official letter from the Office of Secretary of State would - see the example pictured above.

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W-2 Scam - How THIEVES Are getting Employee Data

11/30/2017

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There are a growing number of businesses, payroll and human resource communities across the nation becoming a victim of a W-2 email scam.

Criminals use this scheme to gain access to W-2 and other sensitive tax information that employers have about their employees.

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What to Do After Your Payroll or Tax Professional Data is Compromised (Hacked)

10/20/2017

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Every tax practitioner in the United States – whether a member of a major accounting firm or an owner of a one-person storefront - is a potential target for highly sophisticated, well-funded and technologically adept cyber-criminals around the world.

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Stay Alert for Scammers Who Pose as the IRS

8/15/2017

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Now is the time when many software providers begin to send notices about software upgrades as many work to meet the September 15 and October 15 deadlines for taxpayers filing on extension.

Last week Forbes reported on the new scam involving a phishing email that impersonates a tax software provider attempting to steal usernames and passwords.

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