Forensic accountants and Certified Divorce Financial Analysts often use Quicken personal financial software to complete the lifestyle analysis in divorce cases. Unfortunately, Quicken is not the best option for accurately and thoroughly analyzing a couple’s finances before and during divorce. […]

Attorney Miles Mason talks about qualifying someone as an expert witness. How does he demonstrate an accountant’s training, experience, and credentials so that the court will permit him or her to testify as an expert?

One of the common defenses of multi-level marketing is that it is a legitimate business method that has been around for a long time. I’ve also been told that if it was illegal, it would have been shut down. Some […]

In divorce cases, forensic accountants can use the “net worth method of proof” to calculate income. This is used to search for hidden or unreported income. Rather than simply taking a spouse’s word for it that his or her income […]

Closely-held businesses often create problems in divorces, as they need to be valued for the property division and the income needs to be evaluated for support purposes. It can be difficult to examine the income of a business that transacts […]

In the below video, Tracy Coenen talks about three common methods that are used to calculate lost profits in commercial litigation: the before and after approach, the yardstick approach, and hypothetical profits. In general, these methods are aimed at determining […]

When the Internal Revenue Services suspects that a taxpayer has unreported income, the agents can use one of several methods to uncover that income. These methods can also be used to help calculate hidden income in a divorce or child […]

Farmasi was founded in 1950 and currently sells internationally. The company focuses on skin care and makeup products, but also has hair care, nutrition, and home care products. Farmasi Income Statement Disclosure 2020 Farmasi Income Statement Disclosure 2021 Farmasi Income […]

Colorstreet started in 2017 to offer “dry nail polish strips” as an alternative to fingernail polish. The nail strips are stickers that are applied to fingernails, with the excess length removed with a a nail file. The company later added […]

Beautycounter was founded in 2013 with a line of 9 skin care and cosmetic products. The products are sold using the multi-level marketing model, but are also available at retailers such as Ulta, and formerly at Sephora. Beautycounter Commissions Overview […]