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EP410: Hubert Johnson - The Cost Of Fraud & How To Prevent It

EP410: Hubert Johnson - The Cost Of Fraud & How To Prevent It

FromThe Successful Bookkeeper Podcast


EP410: Hubert Johnson - The Cost Of Fraud & How To Prevent It

FromThe Successful Bookkeeper Podcast

ratings:
Length:
40 minutes
Released:
Mar 26, 2024
Format:
Podcast episode

Description

“If someone is asking for immediate payment, that’s a huge red flag. Telling you to 'go to your bank, buy a gift card’ or any kind of payment outside of the ordinary, be very, very weary. When it comes to taxes, you can always walk into an IRS office or state office. Go to the source.” -Hubert Johnson   Fraud is one of the biggest problems facing business owners. It is hard enough to keep up with all the changes in compliance law, that when we are then faced with identity or money fraud, it can seem an insurmountable problem.    But as with most things, these issues will only hit us hard if we don’t prepare for them or ignore them and hope they will go away. Education is the key to prevention, whether we do it one-to-one, or build community groups, sharing knowledge is the surest way to prevent more people falling into the trap of fraud.   Hubert Johnson, tax attorney and owner of Guardian Tax Law, is this week's featured guest. He has spent his career helping thousands of clients and businesses find resolutions and peace of mind when dealing with tax issues. In this episode, Hubert and Michael explore the concerning rise of fraud, how to protect yourself, and the value of working together to face the challenges of the future.    The cost of cleaning up a problem is often far more than the cost of making sure the problem never occurs. If you want to defend yourself against fraud but aren’t sure where to begin, this is the episode to get you started.    During this interview, you'll learn... How to protect ourselves from ever-increasing fraud  The value of keeping up to date with compliance changes  The importance of community in facing the challenges of fraud  To find out more about Hubert, click here.   Connect with him on LinkedIn.   Time Stamps   01:46 - Hubert discusses his career journey  02:42 - Protecting ourselves from identity fraud  08:59 - Spotting the scam  18:45 - The power of community in overcoming fraud  20:28 - Understanding changes to tax rules  26:52 - Getting payroll right  31:33 - Investing in business protection   38:17 - Learning more about Hubert
Released:
Mar 26, 2024
Format:
Podcast episode

Titles in the series (100)

The Successful Bookkeeper Podcast is a weekly show to help increase your confidence, work smarter and build a business you love. Each week you'll listen to inspiring guests who will share their success secrets, so you can take your bookkeeping enterprise and life to another level. Some of them include New York Times Best-Selling Author of E-Myth, Michael E. Gerber, Pure Bookkeeping Co-Founder, Debbie Roberts, the host of The Productive Woman podcast, Laura McClellan and the author of *I Know How She Does It*, Laura Vanderkam. If you're a bookkeeping business owner who is looking for an uplifting, entertaining and informative podcast exclusively for YOU then you have arrived at the right place! Get ready because your journey towards success begins — now. Your Host Michael Palmer is an acclaimed business coach who has helped hundreds of bookkeepers across the world push through their fears and exponentially grow their businesses and achieve the quality of life they've always wanted.