The Internal Revenue Code requires businesses to maintain records of their activities including invoices for services rendered, bank records and invoices for expenditures made for business purposes. It is also wise to have a system of accounting, a spreadsheet with...

Any financial investigation, specifically income tax (civil or criminal), partnership embezzlement, and divorce, require books and records to be successful in tracing expenses and following the money.  Without them the chances of success are diminished. In income tax...

We read in the newspaper that the number of audits is down to less than 1%.  In the Kiplinger article dated April 30, 2014, the Commissioner of the Internal Revenue Service (IRS) advised the agency will perform 100,000 or fewer audits this year.  The odds are...

What is Forensic Accounting? Forensic accounting, sometimes called investigative accounting, is the application of accounting concepts and techniques to legal problems. Forensic accountants investigate and document financial fraud and white-collar crimes such as...

In civil financial cases that involve following money—deposits or disbursements— through bank and brokerage accounts, the testifying expert is provided with the legal documents, discovery documents (bank, brokerage statements, and credit card statements), admissions...

Written by DL Garren This article is to educate and protect you and your loved ones from online scammers during this holiday season and beyond. Please be sure to pass this information forward. The Internet is like the wild wild west. It is uncontrolled and where...

This article is a supplement to the earlier article “Who Are Embezzlers? Misappropriation of funds is a method of money theft of which embezzlement is a common form. This form of crime involves a person who steals something he/she possesses and controls but does not...