Category: Fraud

Fraud

The Importance of Due Diligence when Working with Third-Party Experts by Richard A. Pollack, CPA


Posted on March 10, 2020 by Richard Pollack

A recent decision by the U.S District Court Eastern District of Wisconsin to exclude testimony from expert witnesses in a class-action suit represents an important point that legal counsel may forget when engaging damages experts and forensic accountants: do not rely blindly on the qualifications, work product or assumptions of knowledge specialists with whom they […]

Watch Out for Tax Scams All Year Long by Adam Cohen, CPA


Posted on December 23, 2019 by Adam Cohen

According to the IRS, gift card scams are on the rise as thieves look for new ways to swindle people out of money and/or steal their identities. The best ways to protect yourself from becoming a victim is to stay vigilant, recognize the warning signs, and think before you give away any of your personal […]

Taxpayer Scams Don’t Stop During the Summer by Joseph C. Leuchter, CPA


Posted on July 23, 2019 by Joseph Leuchter

As Americans enjoy their summer vacations, criminals remain hard at work devising new scams to steal taxpayers’ identities and intercept their tax refunds. The IRS reminds taxpayers to stay alert to tax-related schemes throughout the year, even after the April tax filing deadline. Most criminals conduct their scams via email and telephone, posing as agents […]

The Law Governing Admissibility of Expert Witness Testimony in Florida – It’s Frye Not Daubert! by Richard S. Fechter, JD, CAMS, CFE


Posted on December 05, 2018 by Richard Fechter

In a crucial 4-3 decision, the Florida Supreme Court in Delisle v. Crane, Case (No. SC16-2182) (Oct 15. 2018), clarified the law governing the admissibility of expert witness testimony in Florida, moving away from the strict Daubert standard used in federal courts to the less rigorous Frye standard. Previously, Florida trial courts that were unsure […]

12 Ways to Reduce the Increased Threat of Expense Report Fraud under Tax Reform by Richard A. Pollack, CPA


Posted on August 27, 2018 by Richard Pollack

Entertaining clients, referral sources and employees with tickets to sporting events, country club outings, fishing trips or other forms of business promotion are common business practices. No matter how significant these costs, businesses have had the reassurance that the IRS would permit them to deduct all or a portion of these meals and entertainment (M&E) […]

What Constitutes Best Evidence to Support Claims of Economic Damages? by Scott Bouchner, CMA, CVA, CFE, CIRA


Posted on June 11, 2018 by Scott Bouchner

Attorneys involved in economic damages cases understand that they have an obligation to prove lost profits with “reasonable certainty” based on their use of “best evidence.” However, the courts have not agreed on one universally accepted standard or criteria for what specifically constitutes best evidence; such decisions inevitably rely on the facts and circumstances of […]

Be on Alert to Avoid the Top-12 Tax-Related Scams by Joseph L. Saka, CPA/PFS


Posted on May 06, 2018 by Joseph Saka

The April tax filing deadline has passed, but taxpayers are still at risk of falling victim to tax-related fraud and identity theft schemes that continue throughout the year. Following is a list of the top-12 scams that the IRS identified for 2018. Identity Theft. If criminals gain access to your personal information, such as your […]