Florida Valuation & Forensics, P.L.

January 24

Thomas J. Gillmore – Expert Witness
Expert Witness Testimony 2012             Orange County, Florida                         January 23rd, The Honorable Sally Kest; hearing on a pension valuation Attorney Wade Luther   2011             Orange County, Florida                          June 6th, July 6th, The Honorable Theo Bronson; hearing on improper billing against ward by guardian. Attorney Heather Kirson  2010             Osceola County, Florida                           February 26th, April 9th, The Honorable Norman Turner; hearings [...]

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January 11

Fraud Examination Techniques
Gathering information from interviews with employees is an integral part of the examination process but getting to the truth requires more than simple questions. The examiner will conduct interviews that probe more deeply, follow up on signs of potential deception and politely but firmly pursue evasiveness. Vist the ACFE.com website for more information on Fraud Examination techniques.

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October 02

Maintain Travel and Expense Records – IRS is PO’d!
IRS is hot on the trail – be aware! Following is an excerpt from Tax Court Summary Opinion # 2011-112 dated September 22, 2011 “Travel expenses, however, including meals and lodging, entertainment expenses, and expenses with respect to listed property must be substantiated by adequate records or sufficient evidence corroborating the taxpayer’s own statement showing [...]

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August 22

Taxation of Long Term Disability Benefits
1.The benefits you receive are excludable from taxation to the extent that the premiums for the coverage were paid from your after-tax dollars (because the money you paid the premiums with was already taxed). 2.Conversely, if your benefit premium was paid under a Section 125 plan or other pre-tax method the premium dollars have not [...]

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August 21

Buying or Selling a Business – What is a Fair Price?
Gillmore Accounting and Forensics, P.L. is a member of the Institute of Business Appraisers which allows access to quickly downloadable information on the selling price  and operating ratios of small privately held companies across the United States. This data set allows our firm to quickly inform and communicate with you as to the reasonably fair price [...]

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