Divorce can get messy. The longer you’ve been together, the more likely you’ve accumulated assets. Working with a forensic accountant can help you make smart decisions about how you’d like to divide your property—including the tax implications that arise. Splitting your assets right down the middle may not make sense for your particular situation. If […]
Ideally, divorces should fairly split assets between spouses. This doesn’t necessarily mean dividing assets right down the middle or splitting them according to whose income bought them. If one spouse managed the household or raised children while the other was the primary breadwinner, their contributions should be acknowledged. However, not all divorces are friendly. Some […]
Financial investigations can take many forms, including asset valuation. Asset valuation is used to determine the value of a piece of property, whether it’s real estate, a business, stocks and bonds or equipment. This could be used when you’re getting ready to sell a business, or when you’re calculating the value of shared assets in […]
Are you on the lookout for money laundering? Whether you own your own business or are skeptical of someone else’s money source, forewarned is forearmed. While you might think of money laundering as the stuff of mob movies, the truth is that it happens frequently in the financial world. In the simplest terms, money laundering […]
If you’re handy with numbers and love investigations, but don’t have the stomach for police work, forensic accounting might be the field for you. This type of accounting combines accounting, investigative and auditing skills to find instances of fraud or embezzlement. Forensic accounting is often used in litigation, as a means to prove that one […]