Latest Operations - TIN Topics

by John J. Byrne

Use it (Correctly) or Lose it!

The Occupational Health and Safety Administration (OSHA), along with insurance companies, is focusing on workplace violence as a significant loss factor to a company's bottom line.

New and Improved Con Game Running Rampant
When you open the letter, you'll read:
URGENT BUSINESS PROPOSAL

Request for your assistance and cooperation

Question: We have an 80 year old customer who came into the branch at two different times on a Friday and bought two $9,000 cashier's checks, payable to an outfit in Detroit.

Question: Our customer just called and told us to be expecting a large wire from Nigeria to be credited to his account.

Any commercial bank, thrift institution, savings bank, credit union, or any other organization that pays interest of $10 or more to any individual during a calendar year must report that payment to

IRS-PENALTY TIN notices are due in August. They will be dated August 17, and you will have ten (10) days to respond or you will be penalized.

With all the hoopla about the Michelangelo virus in early 1992, Paula Porpilia, founder of TIN Compliance Consultants in Maryland, warned financial institutions to check their disks before sending

ANNUAL EXAMINATION TO BE ROUTINE FOR ALL INSTITUTIONS

The primary significance of the employment provisions of the Americans with Disabilities Act (ADA) is that for the first time a formal ban on discrimination against persons with disabilities is est