ARTICLE

Are Your Employees Ripping You Off?

By Duncan Connor Digital Media Engagement at SwayMaker
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What’s your biggest challenge in business today? Customers? Payments? Fulfilling orders? Excess taxes? Technology? Competition? There’s a lot to choose from these days. But the biggest problem might be something (or rather someone) you don’t even suspect.

Here are some frightening stats:

Employee embezzlement has been estimated as high as $652 billion annually.

That number seems so huge that it didn’t even seem right the first time I heard it. But it seems that the estimates are anywhere from $400 - $700 billion. The problem is most don’t report it. But even if it was just $1 billion – these are employees! People that you have entrusted with your business, your customers, your inventory ... YOUR money! And it may just be disappearing.

Over 70% of medical offices are embezzled from once. Over 60% are embezzled from twice.

Before you say “That can never happen to me”, let me tell you about Cherise.

Read more at USATaxAid.com
 


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For almost 30 years, Diane Kennedy has been saving her clients thousands and tens of thousands of dollars in taxes each and every year. She’s studied and analyzed over 1.5 million pages of tax law and she’s earned the reputation of a top tax strategist through her discovery of thousands of legal tax loopholes. As the founder and owner of USTaxAid Services, a leading full-service tax consulting firm and USTaxAid, an online tax education site, Diane leads the research and development of innovative tax strategies that allow individuals to proactively manage their tax planning. She is also the co-author of the  best-selling book, "Smart Business, Stupid Business."
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