Our client engaged us to provide forensic accounting services in support of litigation involving their spouse’s business. The objective was to determine whether income had been misstated for equitable distribution purposes.
Our forensic accountant analyzed bank statements, tax returns, and financial records obtained via subpoena. Using the IRS’s Reconstruction of Taxable Income method, we reconstructed the business’s financial activity. The resulting forensic report included supporting documentation, charts, and illustrations, and identified potential indicators of money laundering and income understatement.