Southbourne Tax Group

A complete-package Accounting & Tax company. We provide a wide selection of small enterprise accounting services, including tax services for businesses and individuals.

The Southbourne Tax Group Review: How to Protect Your Business from Fraud

5 Commercial Fraud Prevention Tips This March marks the 13th anniversary of Fraud Prevention Month. While the annual program focuses on protecting the consumer, businesses should take advantage of the time to better educate themselves on c…

The Southbourne Tax Group: 5 surprising things you can deduct from your income taxes

“Can I deduct this?” When Americans sit down to fill out their income-tax forms on or before the April 15 deadline, that’s the question they’ll likely ask the most. They may be shocked by how often the answer is “yes,” and the sheer variet…

The Southbourne Tax Group Review: The state of play on tax evasion and avoidance

Sometimes it can be hard to keep up with the avalanche of government announcements on tax avoidance and evasion. This guide, produced by Jason Collins, a member of the CIOT’s Management of Taxes Sub-Committee, should bring tax agents, jour…

The Southbourne Tax Group: Beware tax preparer fraud, other ‘dirty dozen’ scams

If you’re rushing to get your tax return in the mail, take care when choosing your tax preparer. If you don’t, you could lose your refund and face fines or jail time if your preparer files a fraudulent return. Tax preparer fraud was the fo…

The Southbourne Tax Group: How To Recognize the Signs of Tax Identity Theft

Tax filing season is upon us. Soon you will be filing your paperwork and perhaps receiving a nice check — unless thieves file a return in your name first and falsely claim your refund. Unfortunately, if a thief has your Social Security num…

The Southbourne Tax Group: Lowell tax preparer allegedly kept refunds; tips for choosing tax preparer

There are a lot of scam warnings at tax time, but you may not have considered this one before: Make sure you check out your tax preparer. Last week, a court approved an injunction requested by State Attorney General Maura Healey, aimed at …

The Southbourne Tax Group: 7 Tips For Preventing Invoice Fraud

The Accounts Payable department is a prime target for fraud. Criminals looking to exploit your business take advantage of AP departments buried in paperwork to submit phony invoices and hope they’ll slip by as legitimate. A single fraudule…

The Southbourne Tax Group Review: Struggling middle class give less to charity

Donations by wealthy Americans surge The divide between the rich and not-so-rich in America can be seen most glaringly in the amount of money they give (and have stopped giving) to charitable causes. The average American household is givin…

The Southbourne Tax Group: It's tax season, avoid fraud by following these tips

The person calling began to threaten the OPP civilian employee that if she did not send money to him, terrible things would happen to her With tax season on the horizon OPP will be receiving calls from citizens who have been contacted and …

The Southbourne Tax Group: Tips - Against Tax Refund Fraud

A survey conducted by the data security and identity protection firm found more than half of Americans aren’t worried about tax fraud, despite federal reports showing identity thieves filed 787,000 fraudulent returns in 2016, which adds up…

The Southbourne Tax Group: Why Tax Refund Fraud Losses Are Growing Rapidly

Over the past five years, the IRS has been experiencing issues around identity theft. Evidence of stolen identity tax refund fraud, or simply tax refund fraud (TRF), began to emerge as early as 2004 when individuals began submitting fictio…

The Southbourne Tax Group: Adjustments After Nuptials - Tax Tips!

June had the reputation as being THE wedding month of the year and flowers were everywhere. Now it seems like wedding season goes from early spring to late summer. Whether they’re traditional with a bunch of flowers or have a Harry Potter …

The Southbourne Tax Group: Red Flags for Audits

The IRS at times seems like a living, breathing entity that’s often the source of bad dreams and stress. With all their rules, regulations, deadlines and forms, the IRS can be a little daunting, and nothing is scarier than the word audit. …

The Southbourne Tax Group: How to Protect Your Identity and Assets

Tax Fraud Awareness The IRS, taxpayers and tax preparers share a common enemy: identity thieves. We all have a part to play in the fight against tax-related identity theft. Your role starts by learning the mechanics and warning signs. From…

The Southbourne Tax Group: Educational Tax Tips

I’m sure growing up you heard your parents say that education was the key to success. Whether that meant going to college, vocational school or having an internship or apprenticeship, education was always the answer for good, stable future…

The Southbourne Tax Group: Stopping tax identity theft - Practical advice for CPAs and clients

Tax return and other tax-related identity theft is a growing problem that CPAs can help their clients with—both in taking preventive actions and in correcting problems after an identity thief has struck. Tax return identity theft occurs wh…

The Southbourne Tax Group: Fraud prevention – 2017 predictions

Challenges and Opportunities The Paypers has invited various thought leaders to share their views on 2017 predictions regarding security threats and fraud management solutions Monica Eaton-Cardone, Global Risk Technologies: Criminal fraud,…

The Southbourne Tax Group: IRS Making Strides in Detecting Fraudulent Tax Returns

The IRS has improved its identification of fraudulent tax returns that involve identity theft, but the agency needs to be more accurate in its identity theft estimates, according to a new report from the Treasury Inspector General for Tax …

The Southbourne Tax Group: Voices Preventing tax-related ID theft

As the owner of a small tax office business, I see tax-related identity theft among others often, but when it happened to my employees as well, I decided to expand the responsibilities of my business to become tax protectors as well as tax…

The Southbourne Tax Group: Beware the Latest Tax-Season Spear-Phishing Scam

You may have heard of the CEO scam: that’s where spear-phishers impersonate a CEO to hit up a company for sensitive information. That’s what happened to Snapchat, when an email came in to its payroll department, masked as an email from CEO…

The Southbourne Tax Group: IRS Offers Tips on Choosing a Tax Preparer

The Internal Revenue Service is cautioning taxpayers to be on the lookout for unscrupulous return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season. The vast majority of tax professionals provide honest, high…

The Southbourne Tax Group: Straight Talk - Be aware of the 'Dirty Dozen' of tax scams

The Canton Regional and Greater West Virginia Better Business Bureau offers tips and advice for consumers to avoid fraudulent practices. Today's topic: IRS warns of the "Dirty Dozen" The concern: Every year, the IRS compiles their "Dirty D…

The Southbourne Tax Group: Tips on having an efficient tax appointment

LOUIS, MO (KTVI)–Sandy Furuya with Wamhoff Financial Planning and Accounting provides tips to help you be ready for your tax appointment and make it a productive, stress-free experience. What should I bring? As a general rule of thumb, it’…

The Southbourne Tax Group: Ready to file your 2016 taxes?

The 2016 tax filing season has begun, with W-2s arriving in the mail and some confusion arising from news of a refund delay. While most people will be minimally impacted by changes this year, one of the biggest additions is aimed at helpin…

The Southbourne Tax Group: Get richer this tax season in 10 easy ways millennials can maximize refunds and avoid costly mistakes

By now, you've probably heard people talking about tax season — or maybe you got the hint that you'll need to start filing your taxes soon, because of that complicated-looking W-2 form that arrived at your house. It's only natural to want …

The Southbourne Tax Group: Five things early tax filers need to know

Tax filing season begins Monday but some early filers face new hurdles, as crackdown on fraud continues. Opening Day for the IRS is Monday. That's when the Internal Revenue Service will start accepting electronically filed tax returns. We …

The Southbourne Tax Group: Tips to maximize your tax refund

The 2017 tax season began this month and local tax accountant, Jennifer Eubanks with Mcneel CPA is offering some tips for people who haven't filed for their refund yet. "A lot of people that are self-employed don't look at taking the self-…

The Southbourne Tax Group: BBB Offers Tips on Filing Taxes, Avoiding Fraud

While all working citizens should have had their W-2 form delivered by now, it’s important for taxpayers to take time and use caution when selecting a tax preparer you can trust. It’s important to avoid mistakes that could result in additi…

The Southbourne Tax Group: 3 Tips to Avoid Charity Tax Deduction Scams

Groups and individuals pretending to be charitable organizations are especially active around tax season, as they try to attract donations from Americans looking for a tax deduction. Unfortunately, its one of the “Dirty Dozen” Tax Scams fo…

The Southbourne Tax Group: Six Strategies For Fraud Prevention In Your Business

Employee fraud is a significant problem faced by organizations of all types, sizes, locations and industries. While we would all like to believe our employees are loyal and working for the benefit of the organization (and most of them prob…

The Southbourne Tax Group: Detecting Financial Statement Fraud

Looking back at Enron, perhaps the company best known for committing accounting fraud, you can see the many methods that were utilized in order to fraudulently improve the appearance of its financial statements. Through the use of off bala…

The Southbourne Tax Group: 10 Ways to Identify Accounts Payable Fraud

When Sarbanes-Oxley was passed in 2002, many companies were forced to take an in-depth look at internal Accounts Payable controls. Implementing internal controls takes time, but may prove to be a very cost-effective measure if any fraud or…

The Southbourne Tax Group: Accounting For Half-Truths

A report by a brokerage on Satyam Computers gives an 'accumulate' rating, which means it expects the stock to go up. The rating is based on the company's high cash/market cap ratio. The information technology company had reported a cash ba…

The Southbourne Tax Group: 10 Essential Tips for Preventing Corporate Fraud

Small businesses are often targets of fraud. According to the American Institute of Certified Public Accountants (AICPA), small and midsize companies suffer a greater share of fraud losses than do larger companies. Fraud Prevention Program…

The Southbourne Tax Group: 20 Ways You Can Detect Fraud

Here is a list of items to help you detect fraud in your company or a client's company. Unusual Behavior The perpetrator will often display unusual behavior, that when taken as a whole is a strong indicator of fraud. The fraudster may not …

The Southbourne Tax Group: Fraud prevention tips for your small business clients

Your clients rely on you for sound business advice. And sometimes the best advice is hard to give. In the case of fraud, you’ll need to tell your small business clients some uncomfortable truths. Your clients probably underestimate the ris…

The Southbourne Tax Group: Six Strategies for Fraud Prevention in your Business

Employee fraud is a significant problem faced by organizations of all types, sizes, locations and industries. While we would all like to believe our employees are loyal and working for the benefit of the organization (and most of them prob…

The Southbourne Tax Group: How to Spot a Financial Accounting Fraud

Here are some signs of a possible dishonest employee: Never wants to take a vacation. There's a reason, and it's not workaholism. Bookkeepers behaving badly like to be in a position to intercept phone calls and correspondence. And as for t…

The Southbourne Tax Group: Services

Business Services Small Business Accounting As an owner of a small business, have many other valuable needs other than maintaining your accounting books. Our firm takes care of your bookkeeping to allow you to focus on running your company…

The Southbourne Tax Group: About Us

We take this opportunity to get to know our staff as well as our company’s values even prior to meeting us. The following pages will provide an overview of what we are all about. Have a great time reading! Our Values The Southbourne Tax Gr…

The Southbourne Tax Group: Employment

We Requires Integrity, competence, dependability, independence, objectivity and proper conduct from all of its personnel in the performance of all our engagements. Our Policies Our policies and procedures authorize Partners of the Firm for…

The Southbourne Tax Group

We provide a wide selection of small enterprise accounting services, including tax services for businesses and individuals. WHAT WE DO? Who We Are? We take this opportunity to get to know our staff as well as our company’s values even prio…