An “innocent spouse” may be able to escape tax liability.
When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s combined income. That means the …
Breaking the Silence: Addressing Fraud in the Family Business
Family businesses make up a huge percentage of companies in the United States and produce much of the country’s gross domestic product. Often defined as companies that are majority owned …
Protect Your Business With Meticulous Records
If you run a business, you know that you need to support expenses with detailed records. To be deductible, every expense on your tax return might have to be defended …
Are you at risk for investment fraud?
Many perpetrators of investment fraud know how to push the right psychological buttons to entice their “marks” to buy worthless or nonexistent securities. You can mitigate the risks by asking …
Business Travel Scams to Avoid
As travel demand has increased, so has travel-related fraud. For example, some fraud perpetrators posing as airline employees call would-be victims to try to elicit credit card numbers. Other scam …