Sabbagh Tax & Accounting, LLC

Even non-profit organizations need to be vigilant.

The PGA Championship Payday Is Big, But So Are The Taxes And Expenses Professional golfers lead complicated financial lives, with prize money, endorsements, taxes owed to multiple states, and expenses ranging from travel to caddies.

Sharing this “non client” story who uses PayPal to collect proceeds. They have added the “tip” option to their billing procedures.

They email an invoice with total amount due and follow up with a “shipping invoice” through PayPal. You are to pay the amount due for your purchases via the “tip” option.

Example: I buy $1,000 of bead strands and receive an email confirming same. I receive a PayPal invoice for $55 shipping. Through PayPal I am to pay the $55 invoice and a $1,000 tip.

Can you define Tax Fraud?

World Cup Tipping Practices Could Undercut ‘No Tax On Tips’ Break An influx of World Cup tourists from countries with different tipping cultures has restaurants eyeing mandatory service charges. But workers could lose the tips deduction.

A reminder that this is *not* the way that this works. The IRS will not typically ask you to click through an email to confirm previously scheduled transactions. You may, however, receive an email with your Direct Pay confirmation number.

There are a few more hints that this is a scam. The scammer got the name of the tool wrong (it's "Payment Lookup" not "Look up a Payment") and the direction to look for help is also off (the links can be found at "Direct Pay help" or "Have questions or need additional information?" not a "Need help" link).

And always check the "from" email address (this one came from Japan—I'm seeing a lot of that lately) and double-check the details.

If you have questions about a transaction, go to the IRS.gov page directly. You can look up a payment, and you have until two business days before the payment date to cancel or make any changes. You can also verify your payment through your online tax account.

If you think you received a fraudulent email from someone claiming to be or to represent the IRS, you can report it. Here's how: https://www.irs.gov/help/report-fraud/report-fake-irs-treasury-or-tax-related-emails-and-messages

Firms warn about IRS CP53E notice scams Accounting firms are seeing an increase in scams involving the notices the IRS is sending to taxpayers when they don't provide their direct deposit information.

Missed the April tax filing and payment deadline? Filing as soon as possible and paying any tax balance owed will help you avoid penalties and interest. An tax tip shares your payment options, how to choose a trusted if you need help, and more: https://ow.ly/NzXF50YL8Rg