The Treasury reports a sharp rise in the frequency of
identity theft—for example, fraudulent use of Social Security numbers
to obtain loans for buying luxury cars—and offers tips on how to
detect suspicious financial activity and notify the appropriate
authorities ( www.treas.gov/fincen/sarreview06182001.pdf
; www.treas.gov/fincen/sarreview2issue4web.pdf
)
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In focus: PayrollProviding payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.