On-Time Payroll is Boston's Premier Payroll Service Bureau

 

Since 2006, we've been helping small to midsize businesses run more efficiently by combining the streamlined payroll management capabilities of an industry leader with the kind of personal attention that a local firm can provide. By offering a vast array of services such as timekeeping, HR solutions and workers' compensation in addition to payroll and tax services, we can develop a customized solution that meets all of your company's needs - and can do it cost-effectively.

Try On-Time Payroll Today
First 2 months of service free!
Member

BBB

IPPA

APA

SBANE

Contact Us

On-Time Payroll​

2 Winter St, Suite 101

Waltham, MA 02451

P: 781.209.1188

F: 781.209.1345

Get a Free Quote

© 2019 by On-Time Payroll

Search
  • On-Time Payroll

Dangerous W-2 Phishing Scam Alert


A vital alert has been issued by the IRS on an e-mail phishing scheme - a phishing scam that is spreading to many industries, school districts, not-for-profit institutions, and tribal organizations. Please read (and share) the details of the IRS alert below.

"The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal organizations and nonprofits.

In a related development, the W-2 scammers are coupling their efforts to steal employee W-2 information with an older scheme on wire transfers that is victimizing some organizations twice.

"This is one of the most dangerous email phishing scams we've seen in a long time. It can result in the large-scale theft of sensitive data that criminals can use to commit various crimes, including filing fraudulent tax returns. We need everyone's help to turn the tide against this scheme,'' said IRS Commissioner John Koskinen.

When employers report W-2 thefts immediately to the IRS, the agency can take steps to help protect employees from tax-related identity theft. The IRS, state tax agencies and the tax industry, working together as the Security Summit, have enacted numerous safeguards in 2016 and 2017 to identify fraudulent returns filed through scams like this. As the Summit partners make progress, cybercriminals need more data to mimic real tax returns.


29 views

Keep your business ahead of the curve! Sign up for the OTP e-newsletter: