Category: Uncategorized


UPDATED Expanded Tax Credits Help Offset the Costs of Energy-Efficient Home Improvements by Maxwell Jewell, CPA, MST

Posted on January 30, 2024 by Maxwell Jewell

Upgrading your home’s energy efficiency can not only help the environment and reduce your electric bills, but it can also provide you with valuable tax credits to cover a portion of qualifying improvement expenses beginning in 2023. Energy Efficient Home Improvement Credits  Under the Inflation Reduction Act signed into law in 2022, homeowners may earn […]

IRS Provides Taxpayers with Temporary Relief of Catch-Up Contributions to Employer-Sponsored Retirement Savings Plans by Maxwell Jewell, CPA, MST

Posted on December 06, 2023 by Maxwell Jewell

With the release of Notice 2023-62, the IRS has again delayed the effective date of a SECURE Act 2.0 provision that would have required certain participants in employer-sponsored retirement savings plans age 50 and older to make catch-up contributions to those plans on a Roth basis beginning in 2024. This relief extends the start date […]

Production of Financial Documents to Prove Economic Damages – How to Obtain the Documentary Support Needed to Prove Lost Profits? by Daniel S. Hughes, CPA/CFF/CGMA, CVA, and Richard S. Fechter, JD, CFE, CAMS

Posted on November 10, 2023 by Daniel Hughes

When my colleagues and I delivered a presentation to the Business Law Section of the Florida Bar about proving and defending claims of lost profits in commercial litigation matters, a Florida Judge asked a thought-provoking question: How many years of financial documents should a Plaintiff seeking economic damages be able to get (2 years, 3 […]

Forensic Accounting / Financial Investigations — New Regulations Hope to Provide Effective Tools to Identify Beneficial Owners by Richard S. Fechter, JD, CFE, CAMS

Posted on November 10, 2023 by Richard Fechter

Victims of crimes, law enforcement and other interested parties often retain forensic accountants to investigate financial crimes. These professionals have specialized multidisciplinary skills necessary to identify financial crimes, analyze the financial transactions constituting the overt acts of these crimes, and provide expert testimony on the methodologies criminals use and the damages victims incur. The critical […]

Tracing Commingled Funds by Joel Glick, CPA/CFF, CFE, CGMA

Posted on November 10, 2023 by Joel Glick

Tracing is a forensic accounting technique that can be used to determine 1) the identity of the owner(s) of funds held in a specific financial account at a specific point in time and 2) the disposition of specific funds deposited into a financial account (i.e., were the monies spent and, if so, on what; was […]