Federal Tax News for Individuals

Taking Money Out of Your IRA If you withdraw money from a traditional IRA before age 59½, you'll generally owe income tax plus a 10% penalty on the amount. But there are exceptions, including if you withdraw the money to […]

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Federal Tax News for Individuals

1. 529 Accounts are not Just for College 2. What Happens in Summer May Be Taxable 3. Don't Ignore the IRS 4. Beware Scams Promoted on Social Media 5. When You and the IRS Disagree…

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How to Protect Your Business from Payroll Fraud Schemes

Any business that has employees could suffer payroll fraud and related schemes. Large or small, and regardless of industry, every business could become subject to this threat. The good news is, your organization can mitigate the risk by understanding the forms payroll fraud takes. This article explores common schemes and suggests ways to help detect or prevent them.

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