• Divorce Financials: Using a Tax Return to Find Income and Assets

    While consumers generally hate income tax returns because of their complexity, they can be invaluable sources of information in divorce proceedings. Not only do they provide insight into prior years’ earnings, they can also point to assets and sources of […]

  • Divorce Issues: Income Available for Support

    The issue of “income available for support” in divorces can be huge, particularly if only one spouse works. The issue gets complex if the earnings of one or both spouses are non-traditional. Regular wages are usually easy to evaluate in […]

  • Finding Hidden Income and Assets During Divorce

    Divorce and child support cases often are highlighted by disputes over money. One party may be accused of artificially depressing earnings, hiding assets or manipulating the finances to lower the financial obligation to another party. Understanding the complete picture of […]

  • An Example of a Forensic Accountant Finding Fraud in a Divorce

    Tracy Coenen talks with Miles Mason, Esq. about a divorce case of his in which a forensic accountant was able to find significant financial frau d.

  • Why Use a Forensic Accountant in a Divorce Case?

    One of the hot things in the area of divorce, especially for high net worth clients, is using a law firm that has forensic accountants on staff. Sometimes the divorce attorneys themselves have credentials in the area of forensic accounting, […]

  • Using Bank Statements in Divorce Cases

    Bank statements can be a very valuable tool in child support and divorce cases, particularly when one party has not been forthcoming about income and expenses. We can look at deposits to draw conclusions about income, and the level of […]

  • Divorce Hidden Income: Using Bank Statements

    Bank statements can be incredibly useful when searching for hidden income during a divorce financial analysis. Both deposits and expenditures should be evaluated, and the process is explained in this video.

  • Using Expenditures to Calculate Income in Divorce

    It is sometimes difficult to determine the income of individuals who will be paying child support or spousal support. This can often be the case when dealing with self-employed individuals. If the reports of income made by the spouse or […]

  • Establishing Income Available for Support

    Published in Family Advocate – Spring 2024 Financial issues create stress and anxiety for most clients going through the divorce process. How will the assets be divided? Will one party be able to refinance the house and buy the other […]

  • Using the General Ledger to Evaluate a Business

    When a divorce involves a business, we often ask for a copy of the general ledger, which is part of the company’s accounting records. The general ledger includes the details of transactions for a specified period of time. What can […]