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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.

business accounting services

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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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…