Business income or self-employment income always raises the issue of accurate reporting. The Law Office of David C. Stone has employed numerous forensic accountants to assist in the process. Our family law firm has extensive experience in detecting unreported income or expenses.
When reviewing a self-employed individual, it is important to look at all their expenses to determine validity. Some expenses may be attributed to increasing income, such as automobiles, cell phones, and travel. Also, it is important to uncover subtle or technical aspects of business income, such as depreciation and holding accounts. These can often be recapped or restated as non-cash expenses.