Insights

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digital forensics and evidence
The Use of Digital Forensics in Fraud Investigations

Today, most financial data and records exist in electronic form, and while this digital transformation offers benefits for businesses in terms of efficiency and productivity, it also creates another layer of evidence that must be properly examined when performing any type of forensic investigation. At Withum, our Digital Forensics/eDiscovery and Forensic and Valuation Services teams…

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John Sheehy to Lead Investigative and Corporate Intelligence Services Group
John Sheehy to Lead Investigative and Corporate Intelligence Services Group

Withum is excited to share that John Sheehy, JD, and Principal within the Forensics and Valuation Services Team, will lead the Firm’s Investigative and Corporate Intelligence Services Group. Formerly a Special Agent, Crisis Negotiator and Supervisor at the Federal Bureau of Investigation, John has a complex and comprehensive understanding of white-collar crime and fraud. At…

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President Biden’s Anti-Fraud Proposal Expanded: What to Know

In March of 2022, after President Biden’s State of the Union Address, we summarized increased efforts specifically related to the Paycheck Protection Program (“PPP”) and other pandemic relief fraud. Now a year later, President Biden has doubled down on the government’s efforts to fight pandemic-relief fraud. President Biden’s Proposal to Greatly Expand Resources President Biden…

Blogs
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handcuffs and money
2022 ACFE Report to the Nations: Fraud Trends and Key Takeaways

The Association of Certified Fraud Examiners (“ACFE”) 2022 Report to the Nations estimates that the average organization loses 5% of its annual revenue to fraud each year, causing a median loss of $117,000 before being detected. Occupational fraud committed by individuals against their employers is not an emerging concept but it is clear that the…

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nol amt guidance
IRS Provides Guidance on Interaction Between NOL Carrybacks and AMT Refunds

Share The IRS recently posted on its website a list of six frequently asked questions (FAQs) regarding the treatment of net operating loss (NOL) carrybacks of C corporations to years in which the alternative minimum tax (AMT) applied. This is part of the IRS’s continuing guidance in response to the CARES Act that was enacted…

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PPP loan forgiveness
PPP and the Enigma of Loan Forgiveness

Share Updated May 6, 2020 It’s been almost a month since we wrote the first installment of our “Enigma” article, and we are happy to provide this latest installment. We are surprised (and grateful) for the extremely warm reception our article has received, and we thank our readers for sharing their thoughts and insights with…

Articles

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