What You Need to Know About Bitcoin, et al.

Have any of your clients or potential clients yet asked you if you accept Bitcoin for payment of your legal fees? If not, someone soon will. Assuming you accept this most popular form of cryptocurrency, a/k/a digital currency, a simple “Yes” will suffice. They will smile and that will be that. If you don’t, however,…


Hiding Income Through a HELOC

Don’t overlook home equity lines of credit (HELOCs) when assessing income. Case in Point: A self-employed individual had minimal deposits to his bank account, minimal checks written, and no credit cards. Accordingly, his income and cash flow appeared low for support purposes. Through a forensic tracing analysis, it was discovered that he used his HELOC…