True, forensic audit would be needed

Best to talk to your local CPA

Hi, yes we have made a similar type video because there were some technical issues with the sound, check out our other video dealing with the US Tax System kzfaq.info/get/bejne/mL90ac6nsd2bj2Q.html

Whenever you are involved in a IRS or state audit it is critical to have a complete understanding of the issues. In order to do this you need to have all of the documentation that the state or IRS has concerning your matter.

Do difficult things; this will help build your endurance and mental toughness. I would also suggest you purchase a basic accounting book and take an online course in accounting; I think the University of Pennsylvania has a good one with Coursera.

For most people, they will come out better from a financial standpoint by heading to your advice

Our forensic accounting firm uses lexisnexis, it’s expensive but it’s great for doing research and lots of useful stuff especially for District Court. Do your research before purchasing the subscription. Also you may want to check out our videos on the “Greatest Pro Se Victory In 50 Years.” accountcenter.lexisnexis.com/

Estate forensic accounting is complicated and takes a lot of time. Gather and organize as much information as you can, and bring the file to a forensic accountant for review. Typically this would require a $10,000 retainer. The forensic accountant will review the file and discuss it with an attorney so that you can be advised of your legal options

@@Rabcpafirm my case might not be able to be based upon forensic accounting. My mother (the decedent) was a hoarder. However, my sister formed a joint account with my mother, where I believe funds were commingled. Once my mother passed, I asked my sister if she reported the death to the SSA or there might be criminal charges. She stated she hadn’t and that she hoped they’d send another check. That was 2 years ago. Then I received a SSA benefits statement, for our mother, Jan, 2024. SSA began an investigation to trace funds. However, I have everything in writing, that my sister (the defendant in our probate case) said that she had been the executor since before our mother passed and proceeded to perform zero executor duties, because she wanted to inherit and control the entirety of the estate. For this probate case, we’ve been in litigation since September 2022, although the court has appointed an administrator. Still, had I understood that the defendant could possibly be brought up on inheritance fraud charges, perhaps, probate would’ve been ended in a short few months, rather than 2 years. So, what I’m looking for is to charge her with inheritance fraud. Deeds to both properties have been distributed. But we’re at the stage of handing personal property exchange, where 5 opportunities were setup by the court, because the defendant would not participate in the first 4. It only continues, because the defendant has decided that almost nothing is “acceptable” to her, in terms of what items she is receiving. It is for the initial reason of possible inheritance fraud and the dragging out of this case, because she is working to keep me out of my property, that I am considering this inheritance fraud, as well. I have steep costs (at least for me) in relation to this case, because the defendant has broken into my home and changed the lock, overriding the court’s approval for me to change the lock to keep her out, she has stolen furniture and she has stolen mail, on video (there are police reports). I’ve remained in my apartment, at great cost, to maintain a firewall between us, paying both rent for my apartment and property taxes for the house.

Thanks

Thanks

The founding fathers of the United States of America provided the principles that have shaped the country's governance and ethos. The founding fathers principles are responsible for the strongest economy, the freest people and the best fighting forces the world has ever seen. Among the most significant are: 1. **Liberty and Individual Rights**: The founding fathers emphasized the importance of individual liberty and rights, which are enshrined in the Declaration of Independence and the Constitution. They advocated for the protection of individual freedoms and the idea that government should not infringe upon these rights. 2. **Democracy and Representation**: They stressed the importance of a government that is of the people, by the people, and for the people. The idea that government should be representative and accountable to its citizens is a core principle established by the founding fathers. 3. **Separation of Powers**: To prevent the concentration of power and protect individual rights, the founding fathers established a system of checks and balances within the government, dividing it into three branches: the legislative, the executive, and the judicial. This structure is meant to ensure that no single branch becomes too powerful. 4. **Federalism**: The founding fathers created a system where power is shared between the national (federal) government and the state governments. This balance of power was intended to prevent either the national or state governments from becoming too powerful and encroaching on the rights of individuals. 5. **The Rule of Law**: They asserted that the law applies equally to everyone, including those who govern. This principle is fundamental to the American legal system and ensures that leaders cannot act arbitrarily and are subject to the same laws as the citizens. 6. **Equality**: While the application of this principle was far from perfect and did not initially include all people (e.g., women, enslaved people), the idea that all men are created equal is a cornerstone of American values and has guided the country's evolution towards greater inclusivity and equality over time. 7. **The Importance of Civic Responsibility**: The founding fathers believed in the importance of civic engagement and the responsibility of citizens to participate in their government, stay informed on public issues, and contribute to the common good. These principles have had a profound impact on the development of the United States and continue to influence its political and social fabric. For a taste of countries that didn’t have founding fathers with strong principles I suggest you move to China, North Korea, Cuba, Haiti or the Soviet Union.

It is a complicated matter one you should discuss with your attorney. However one key issue is the date that you are using to fill out the asset values on the CIS statement. For example, you could use the valuation dates for any assets as of the date you broke up. Thanks for the comment on the video

If a small business has professionally prepared financial statements, you can apply Beneish’s M technique. It also depends on what you mean by small; in a stock market, hundred-million-dollar companies are considered small. If you’re talking about a small business with under $10 million in sales, there’s usually a better methodology to find fraud.

THank you for responding Mr Bonovita, What does other methodology for small business ( < 10 M Restaurant ) encompass?

Detecting fraud in a small business involves a combination of proactive strategies, vigilant monitoring, and understanding common fraud schemes. Here are several steps and techniques to help identify and prevent fraud in a small business environment: • . Implement Strong Internal Controls o **Segregation of Duties:** Ensure that no single employee is responsible for all parts of a financial transaction. This helps prevent embezzlement and ensures checks and balances. o **Regular Audits:** Conduct regular internal and external audits to review financial records and operations. Surprise audits can be particularly effective. o **Use of Technology:** Employ financial software that tracks transactions and can flag irregularities or unusual patterns. • Know Your Employees o **Background Checks:** Conduct thorough background checks before hiring new employees. This can include checking references, criminal history, and previous employment. o **Employee Education:** Train employees on fraud prevention and the importance of ethics in the workplace. Make sure they know how to report suspicious activity. • Monitor Financial Transactions o **Review Bank Statements:** Regularly review bank statements and reconcile them with your books. Look for unauthorized transactions or discrepancies. o **Use of Receipts and Purchase Orders:** Ensure all transactions are documented with receipts or purchase orders. This creates a paper trail that can be followed if discrepancies are found. • Understand Common Fraud Schemes o **Billing Schemes:** Be wary of fake invoices or the inflation of legitimate invoices by employees looking to embezzle funds. o **Payroll Fraud:** Watch for ghost employees or inflated hours/work claims. Regularly reviewing payroll reports can help detect these schemes. o **Expense Reimbursements:** Require detailed receipts for all expenses claimed by employees to prevent inflated or fictitious claims. • Create a Culture of Honesty and Transparency o **Whistleblower Policies:** Establish clear channels through which employees can report suspected fraud without fear of retribution. o **Lead by Example:** Business owners and managers should model ethical behavior and demonstrate a zero-tolerance policy for fraud. • Use Technology and Tools o Employ software and tools designed to detect fraud. Many modern accounting and financial systems include features that can help identify anomalies, duplicate invoices, and other potential signs of fraud. • Regularly Update Security Measures o Keep your IT security up to date to prevent cyber fraud, such as hacking or phishing attempts. This includes regularly updating passwords, using secure networks, and training employees on cybersecurity best practices. Detecting fraud requires diligence, ongoing education, and sometimes professional assistance. If you suspect fraud, consider consulting with a forensic accountant or a legal professional who specializes in fraud. They can offer expert advice and help you navigate the complexities of investigating and addressing fraudulent activities

The main issue was that Harvard utilized criteria such as age and gender to deny degrees, which is illegal when you receive billions of dollars in federal, state, and local aid.

My number one rule for dealing with attorneys and legal matters is: Protect Your Own Interests: While most attorneys are trustworthy professionals, it's important to stay informed about your case and ask for regular updates. If you have concerns about how your case is being handled, address them directly with your attorney. In my 40 years of forensic accounting I’ve never once had an attorney tell me I could not speak to the client directly. However, some attorneys do like to be there when the conversations take place so they can protect client attorney privilege.

Thank you. The fees are out of control and the accountant is not being sent in the right direction... @@Rabcpafirm

Men are not angels; that's why we need a government. The government is only effective at a few things, protecting us from foreign threats and providing a court system and a police force. Early in the 20th century, charities provided most of the help to those in need. The citizens who work for charities are motivated, care deeply, and are very effective at providing aid to those in need. Unfortunately, when the government started helping those in need, bureaucrats created a system that was inefficient, complicated, and usually made things worse. Once the government became involved in programs meant to help those in need, charities stopped or cut back on their support offerings. We need to get back to a system where charities supported by the government aid people, not the other way around.

The most important thing in this country is freedom and liberty. People who don’t believe this would probably be happier living in Russia, China, or Haiti.

Hi Kathleen, we have performed thousands of financial statement fraud investigations; what I usually tell clients is to obtain as much information as possible that suggests there is the possibility of fraud before hiring a forensic accountant. Fraud investigations are difficult and time-consuming and usually require large retainers.

May want to hire a forensic accountant to take a look at the credit union

Thanks, Anna; I really appreciate your kind words. I never know which videos are going to be popular, some get hundreds of thousands of views and some hardly any.

Thanks Evan

Good question, it's a little bit beyond this video you may want to discuss that with your attorney or CPA

yes, it would help mitigate problems and reduce misunderstandings

Hi Jean, contact email [email protected]

Hi, it's best if you consult your local CPA, taxes can be complex and depended on your individual circumstances

If my brokerage firm can't turn on mark-to-market accounting, can I simply use the ending equity holdings $$ of the year - beginning equity holdings $$ of the year on the monthly statements from my brokerage firm to get the my mark-to-market gain or loss? Thanks@@Rabcpafirm

Thanks

That’s the interesting thing with my case: I beat Harvard and their high-powered attorneys twice before two federal judges. The only time I lost was when I appeared before Judge William Young, a Harvard undergraduate and Harvard law school graduate. There was a 92% chance I would have won if my case went to trial, but somehow, the case was assigned to a District Court judge who was a Harvard alumnus.

It is a great tool, use it all the time in our forensic practice.

This video is BS. The dataset is way too small to claim anything.

​@@AlcyonEldara what size data set is required to provide tangible results?

The point of the video is to make people aware that they can file complaints against Federal judges. However, the video also demonstrates biased federal judges and federal courts; in this case, we have Harvard, a powerful institution that controls the District Court of Boston, where a legitimate complaint against Harvard stands no chance of having a fair hearing or any justice.

I agree that was your intention of the video. Thank you for the response. It still strikes me as somewhat upsetting that in your case and perhaps in many cases that we cannot find justice.

Americans are distracted with nonsense when, at the same time, they are losing freedom and liberty. The Constitution's main purpose is to ensure that American citizens are treated fairly under the legal system, which clearly did not happen in this matter. @@geckosonic

Our tax code has many loopholes because Congress uses it as a policy tool to control citizens' actions. If they want to increase the sale of residences, they allow you to deduct real estate taxes and mortgage interest. If they want you to invest in companies rather than put your money in a bank account, they allow you to apply a lower tax rate to the gain (capital gains tax) on the stock sales. They've done this thousands of times, making the tax code extremely complex.

@@Rabcpafirm all laws are made with good intentions, but after decades of these incentives piling on the tax code it just gets so complicated that it defeats the purpose of having those incentives because of how few people are even aware of them. But fundamentally I also despise targeted tax breaks and subsidies because they encourage funds to move to inefficient sectors of the economy. The farming industry is the prime example of this, government subsidies (and sugar tariffs) have made corn so cheap that even though sugar is cheaper to produce and a better quality product, HFCS has taken over as the sweetener of choice.

Add it up and include it on the CIS, part of the family lifestyle

Thanks

Thanks for taking the time to write such a nice note

Surprisingly, Federal District Court Judge William G. Young would trash both his reputation and the Boston District Court of Massachusetts. He did this to protect his alma mater, Harvard, from a lawsuit they would have surely lost and to impress the defendant's attorneys. Overall, my experience as a Pro Se litigant was very enjoyable, and I encouraged everyone to go Pro Se once. My next video on this case is going to be extremely interesting.

Thanks much appreciated

Hi Kris, section 475 S is complex; best final local CPA to help you with this.

Good point, all forensic procedures have some weak aspects