Why Keeping Transaction History Intact Matters
Have you ever wished to see a chronological list of all your QuickBooks activity? With the QuickBooks audit log report, you can keep track of added, deleted, and modified transactions, as well as user entries. The audit log feature allows you (and any other viewer with access rights) to see history of changes made to individual transactions or a range of multiple transactions. Tracked changes also include: changes to the chart of accounts or products and
IRS Lien Notices Known to Get to the Wrong Addresses
The IRS sent tax lien notices to the wrong addresses for taxpayers even though the agency had the correct addresses in its system, according to a July report by the U.S. Treasury Inspector General for Tax Administration (TIGTA). Though the agency re-sent the notices, the incorrect mailings were potentially illegal because the IRS is required by statute to notify taxpayers at their last known address within five days of filing Form 668(Y)(c), Notice of Federal Tax Lien. IRS…
IRS Taxpayer Protection Program Hacked by GAO
Criticism of the IRS’s cybersecurity loopholes and breaches is endless, so a recent report by the US Government Accountability Office (GAO) finding the agency’s Taxpayer Protection Program (TPP) problematic isn’t exactly a big surprise. The TPP is intended to identify possibly bogus tax return filers and prevent fraud. But the bad guys are still able to get through and claim fraudulent refunds despite the IRS’s best efforts to bolster the program, the GAO found.
