• Keith Fulfer

Individuals are not the only taxpayers to get scammed!


Just as individuals are often targets of scammers, businesses, and particularly small business owners have to be on the lookout for the same.


Here are a few things to be aware of.


Small businesses have to pay for a lot of taxes and licenses and annual reports. There are notices that have to be displayed if you have payroll. There are people out there that take advantage of the small business owne


r by sending official looking documents that offer the owner an quick and easy way to order more official looking documents.


Don't.


The Tennessee (and most states) and the US Department of Labor have requirements that are supposed to be displayed so all employees can see them. These posters and signs are available for free from either agency by downloading them from the internet. You do not have to pay a company for these.


Many states have requirements that you have to have your business license and or your professional license displayed for the public to see. Again, you receive a valid copy of your license from the appropriate agency. You do not have to pay additional for one.


There are times when a business needs to prove its legal existence in a state. You can request an official letter of existence from the TN (or your state of registration) Secretary of State online. There is a minor fee if you need one. But again, you have to request it. You are not required to have one nor have it posted.


As in all scams, the scammer is counting on you not paying attention. If you get something that you do not understand, call us and we will help you figure it out. In many cases we have already seen it.


If you get a phone call that sounds suspicious, take a call back number and check with us. If it is a government agency, they will understand and in most cases you can verify the number and call them back.

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