Fraud & Forensics

Vic Hartman, former Special Agent with the Federal Bureau of Investigation and friend of IAG, details ten of the most common COVID-19 related frauds in his most recent blog post. Click here to read the full article.

For complete information about the Paycheck Protection Program and other assistance for small businesses, visit the Treasury Dept. website at:  https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses IAG has developed an Excel spreadsheet to help small businesses document their payroll costs for the Paycheck Protection Program.  If you are interested in obtaining a copy of the Excel spreadsheet at NO COST,…

Under the new tax laws (which went into effect in 2018), interest paid on home equity line of credit (HELOC) funds is only deductible if the HELOC funds are used to buy, build or substantially improve the taxpayer’s home that secures the HELOC.   As such, if you use HELOC funds to pay for tuition,…

As a reminder for tax preparation and planning, these popular college related accounts are now more flexible!  Under previous tax treatment, the distributions were allowed only for qualified higher education (i.e., college). Under the new tax treatment, distributions of up to $10,000 per student are also allowed for tuition at public, private, or religious elementary…

Recently Brandi Steinberg participated in a deposition workshop with Jessica Wood, Esq. and Elissa Haynes, Esq.  The Young Lawyers Division of the State Bar of Georgia held the event at BakerHostetler, and the intimate setting provided a great atmosphere for dialogue.  Brandi, Jessica, and Elissa discussed several topics related to the attorney and expert relationship…

The Coverture Fraction (also called the Time Rule Formula) is a mathematical formula that is sometimes used to calculate the marital and non-marital portions of certain types of assets in a divorce, including pensions and stock options.  The denominator of the fraction is the total earnings period, often expressed in number of days.  In the…

As a reminder, the tax treatment of alimony has changed beginning in 2019.   If you or your clients pay or receive alimony under the old tax laws (i.e., the divorce agreement was entered into before midnight of 12/31/2018)*: The payer will continue to deduct alimony amounts paid. The receiver will continue to pay tax…

Pursuant to the Statement on Standards for Valuation Services #1 issued by the American Institute of Certified Public Accountants (AICPA), the Internal Revenue Service Revenue Ruling 59-60,  1959-1 CB 237, and Miller v. Miller, 705 S.E.2d 839 (2010) “In developing the valuation, the valuation analyst should consider the three most common valuation approaches: Income (Income-based)…

  The Attorneys have voted! We are pleased to announce that we were voted “Best Of 2017” in two categories by readers of the Daily Report. IAG Forensics & Valuation finished in the “Top 3” as Forensic Experts and Forensic Accounting Firms.

Russ Thornton, of Wealthcare For Women, details all you need to know about preparing The Domestic Relations Financial Affidavit for your divorce. Click here to read the article.

Laurie Dyke was interviewed by Richard Belcher of WSB Channel 2 concerning the recent Dekalb County Audit Report. The interview was aired March 24th, 2017 at 6PM. Visit our YouTube page to see the video.  

Halpern Case Revisited By: Maty Varon One of the landmark cases in Georgia Family Law is Halpern v. Halpern, 352 SE 2nd, 753.  The case analyzes if the increase in value in an entity was caused by market forces (passive) or marital efforts (active participation).  The answer to this question dictates the extent to which…