-
Tariff Refund System Launched
A long-awaited refund system for up to $166 billion in illegally collected tariffs is now live, This new system offers relief to tens of thousands of U.S. importers, though many are tempering their optimism with pragmatic concern about technical glitches and potential legal interference. The system, known as CAPE and developed by U.S. Customs and…
-
Management’s Projections in Disputes
Financial projections prepared by management often play a central role in valuation and damages analyses. However, their use in litigation and dispute contexts presents a fundamental tension: while management typically possesses the deepest operational insight into a business, its forecasts may also reflect optimism, bias, or litigation-driven incentives. As a result, professional standards, judicial precedent,…
-
How to Value: Architects
Industry Description The architects industry in the U.S. comprises professionals who develop plans and designs for various structures such as residential homes, institutional facilities, recreational complexes, commercial centers, and industrial buildings (NAICS 54131). They apply design principles, construction methods, building codes, zoning laws, and material properties to create functional built environments. The following are…
-
A Guide for Section 530A Accounts
The One Big Beautiful Bill Act introduced a new category of tax-advantaged savings vehicle for children: the Section 530A account. While early coverage has focused almost exclusively on the federal government’s one-time $1,000 pilot contribution, the full planning opportunity is considerably richer. These accounts offer families, grandparents, employers, and advisors a powerful new tool for…
-
IRS’ 2026 “Dirty Dozen”
The IRS has released its 2026 “Dirty Dozen” list, an annual compilation of prevalent tax scams that threaten taxpayers, businesses, and tax professionals. Published as part of a broader awareness initiative led by the Internal Revenue Service in coordination with the Security Summit, the list highlights evolving fraud schemes and reinforces the importance of vigilance,…
-
How to Value: Security Services
Industry Description The security services industry in the U.S. comprises providers of investigative and detective services, security guard and patrol operations, or armored transportation for cash, valuables, and sensitive materials (NAICS 56161). This industry excludes providers of credit investigations and sellers of security equipment. The following are some basic characteristics of the security services…
-
The Basics of Cryptocurrency
The rapid expansion of cryptocurrency and blockchain-based financial activity has introduced new complexities for forensic accountants, litigators, and investigators. Digital assets operate within decentralized networks, often outside traditional financial institutions, yet they generate extensive digital footprints. A foundational understanding of cryptocurrency terminology, transaction mechanics, and documentation sources is essential for effective tracing, valuation, and discovery.…
-
The overlap between Lost Profits and Diminution in Value
Economic damages disputes often turn on how loss is defined, measured, and framed. One of the most challenging issues arises when different damage theories appear to quantify the same economic harm from different perspectives. The analysis of lost profits and diminution in value sits at the center of this challenge, requiring careful attention to economic…
-
How to Value: Telecom Networking Equipment Manufacturing
Industry Description The telecommunication networking equipment manufacturing industry in the U.S comprises the production of wired voice and data communication devices such as telephone switching systems, telephones, answering machines, routers, modems, and gateways (NAICS 33421). Over the past decade, the industry’s focus has shifted toward the production of IP-based telecommunications and networking equipment. The…
-
Forensic Accountants in Family Law
Financial disputes in family law matters frequently involve allegations of hidden income, undisclosed assets, or manipulated financial reporting. Forensic accounting plays a central role in identifying red flags, applying targeted detection techniques, and assessing the resulting impact on business valuations and support calculations. This article outlines key risk areas and investigative approaches commonly used to…
