Total Articles: 11
XpertHR • February 01, 2018
The IRS is again warning about an email scam that seeks to trick HR and payroll professionals into providing employees' Forms W-2 containing their personal identifying information, including names, Social Security Numbers and income information. The email falsely uses the name of an actual corporate officer within the target's own organization to request the information.
Jackson Lewis P.C. • December 18, 2017
Last February, the IRS issued a warning to all employers regarding the resurgence of a W-2 based cyber scam. The scam, which targets businesses during tax season, was also “spreading to other sectors, including school districts, tribal organizations and nonprofits.”
Fisher Phillips • May 31, 2017
Gig companies – at least some – are discovering the upside to hiring W-2 employees.
Littler Mendelson, P.C. • March 08, 2017
HR and payroll professionals nationwide have been, and will continue to be, targeted with e-mails apparently sent by a senior executive but actually sent by scammers who ask for a prompt reply with the 2016 W-2s for all of the organization’s employees. While reliable statistics are not yet available for the current tax season, the IRS revealed in 2016 that it had received more than 1,000 reports of tax-related phishing scams in January 2016 alone and that, in just the first half of last year’s tax season, it had already experienced a 400% year-over-year increase in these scams. In February 2017, the IRS issued an “urgent alert to all employers,” warning that the W-2 phishing scams have “evolved beyond the corporate world and [are] spreading to other sectors, including school districts, tribal organizations and nonprofits.”
XpertHR • January 31, 2017
The IRS has issued a warning to HR and payroll professionals about an email scam that falsely uses the name of an actual corporate officer within their own organization to request employees' Forms W-2 containing their personal identifying information, including names, Social Security numbers (SSNs) and income information.
XpertHR • January 06, 2017
The IRS has issued Notice 2017-09, which provides for a safe harbor for filers that have made de minimis errors on certain IRS forms.
XpertHR • November 16, 2016
Even though tax year 2016 did not see major legislative changes related to payroll processing, the significant effects of the Protecting Americans from Tax Hikes (PATH) Act of 2015 is undoubtedly on the minds of all payroll professionals.
HR and payroll professionals are falling prey to a current phishing scheme that lures them to respond to emails purportedly sent by company executives requesting private employee information, the IRS warned today. The scam tricks those in HR and payroll into emailing private employee data, such as Forms W-2 containing employees' Social Security Numbers (SSNs) and other personally identifiable information, to cybercriminals.
XpertHR • December 01, 2015
At this time of year, HR and payroll professionals are currently busy filing their usual year-end employment tax returns and making system changes for 2016. But on top of that, employers in some states will have to deal with the additional burden of having to file Forms W-2, Wage and Tax Statement, even earlier. This emerging trend is part of an overall state and federal government effort to prevent tax refund fraud.
XpertHR • August 20, 2015
The IRS has issued a set of final, temporary and proposed regulations that remove the automatic extension of time to file information returns on the W-2, Wage and Tax Statement, series of forms (except Form W-2G, Certain Gambling Winnings). The temporary regulation allows only a single 30-day nonautomatic extension of time to file Forms W-2. The IRS says it is implementing these changes to accelerate the filing of W-2 series forms so they are available earlier in the filing season for use in the IRS's identity theft and refund fraud detection processes. Comments are requested on the proposed rules.
FordHarrison LLP • December 04, 2012
Executive Summary: With the re-election of President Obama and the Supreme Court's recent decision upholding portions of the Affordable Care Act (the "ACA"), health care reform is here to stay for the foreseeable future. Though limited challenges to the law are still pending, employers must prepare to comply with the many ACA requirements of 2013 and beyond.