IRS Security Summit members working on payroll fraud recommend that businesses take preventative measures and have plans in place to deal with fraud, two payroll professionals said March 15.
The Security Summit is a collaboration between the Internal Revenue Service, state tax departments, and practitioners that works to prevent tax fraud, said Jenine Hallings, a payroll tax compliance manager at Paychex Inc.
The summit is an “integral part for the prevention and detection of security threats,” said Luanne Brown, CPP, director of payroll at Grand Valley State University.
One of the Security Summit’s work groups is known as Strategic Threat ...
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