Forensic accounting is the investigation into a company’s accounting in order to make sure that everything is accurately reported and that there is no fraud. This is very important because finding fraud can help companies save thousands of dollars. For example, if an insurance company suspects that a hospital is making up bills and charging them for procedures that were not necessary or not actually performed, hiring a forensic accountant to find the issue can help save the insurance company from having to pay for these fraudulent charges.…
Financial independence is a beautiful thing. You can buy any car you want any time you want. You can buy a new furnace when your old one gives up the fight, and you can do so with the “small change” you have on hand. Basically, money is not an issue for you. Sadly, the life of the financially independent is not the life that most of us lead. This means that when you need to make a big purchase, you will need to take out a loan to cover the cost.…
The rise in technological advances have given many individuals an advantage when it comes to doing their job: they can do it from home. And if you are one of those individuals, you have many advantages. To begin with, you save money on gas, clothing and food. But you also get to claim your home office on your tax return.
While the rules are strict and they must meet certain guidelines, if you qualify, you could be a looking at a nice deposit in your bank account come tax season.…
