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3 Reasons to Outsource Your Bookkeeping After Tax Season

3 reasons to outsource your bookkeeping after tax season 2

Tax season may be over, but the importance of maintaining accurate financial records and optimizing your bookkeeping practices remains constant throughout the year. As you reflect on the past tax season and look ahead to the future of your business, if you outsource your bookkeeping it can offer significant advantages. Here are three compelling reasons why you should outsource your bookkeeping after tax season: 1. Know Your Numbers So You Can Make Educated Decisions Effective decision-making relies on having a […]

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4 Common Misconceptions About Outsourced Bookkeeping

4 common misconceptions about outsource bookkeeping

Outsourced bookkeeping has become increasingly popular among businesses seeking to streamline their financial processes, yet several misconceptions still linger around this practice. In this blog post, we’ll debunk four common misconceptions about outsourced bookkeeping, shedding light on its benefits and dispelling any doubts. 1. “I can do it myself.” One of the most prevalent misconceptions about outsourced bookkeeping is the belief that handling financial tasks in-house is the most efficient and cost-effective approach. While some business owners may possess basic

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Top 4 Commercial Litigation Trends

top 4 commercial litigation trends

The top 4 commercial litigation trends of 2023 have been swirling through the media, causing Americans to experience anything from panic, to elation. Below, Intellex Forensics will dive into these trends, and discuss not only what they are, but why they’ve bubbled to the surface this year.  Crypto The first of the top 4 commercial litigation trends involves Cryptocurrency. Cryptocurrency took the world by storm in the late 2010s, and well into the COVID-19 pandemic, but crypto has been around for much

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Alex Murdaugh Fraud Scandal

Alex Murdaugh Fraud Scandal

The Alex Murdaugh fraud scandal shook the legal community and made headlines around the world as it exposed the dark side of a respected legal family in South Carolina, leading to the downfall of a prominent lawyer. Murdaugh was convicted of the murder of his wife and son on March 2nd, 2023, and was sentenced to life in prison without the possibility of parole. What has been less sensationalized, however, is the fraud the 54-year-old disbarred attorney has been accused of.

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Top 4 Reasons You Need a Bookkeeper

top 4 reasons you need a bookkeeper

As a business owner, it’s easy to get caught up in the day-to-day operations of your company. However, managing your finances is just as important, if not more so, than any other aspect of your business. While you may be able to handle your finances on your own in the beginning, as your business grows, you’ll likely find that you need a bookkeeper to help manage the day-to-day tasks that eat up your time and cause you financial harm in

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Top 5 Benefits of Hiring a Forensic Accountant

Top 5 benefits to hiring a forensic accountant

As a business owner or individual, you may find yourself in a situation where you need to investigate financial discrepancies or suspected fraud, so we have compiled a list of the Top 5 Benefits of Hiring a Forensic Accountant. It can be difficult to determine the extent of the issue, especially if you lack the expertise or resources to conduct a thorough investigation. This is where a forensic accountant comes in. A forensic accountant is a professional who uses accounting

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Cryptocurrency FTX is Facing Collapse

Cryptocurrency FTX is Facing Collapse

Bankman-Fried Scandal The cryptocurrency FTX is facing collapse following a scandal involving its CEO, Sam Bankman-Fried. The crypto billionaire was scrutinized after FTX suddenly bottomed out in November of 2022. According to reports, a whistleblower contacted the U.S. Securities and Exchange Commission (SEC) to report fraud.  Background This shocked many in the cryptocurrency community, as Bankman-Fried had previously been seen as a respected and reputable figure. He was arrested on December 12th, 2022, by Bahamian authorities, as requested by the

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Top 4 Signs Your Spouse is Hiding Money

Top Four Signs Your Spouse is Hiding Money

The following list comprises of the top 4 signs your spouse is hiding money. The process of divorce is unfortunate, tragic, and many times hard to navigate. While divorce may be initiated for a multitude of reasons, the factors that require the most attention throughout the process are children and finances. Many divorces may be resolved in an orderly fashion, while others may become contested. Children bear the unfortunate and overwhelming burden of divorce; however, finances typically demand the most

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Top 5 NFT Fraud Schemes

Top 5 NFT Fraud Schemes

   Today’s world is plagued by all different kinds of scams, and right now we want to bring to your attention, the top 5 NFT Fraud Schemes to look out for in the new and sometimes scary world of trading NFTs. NFTs, or non-fungible tokens, have taken the ever-growing cryptocurrency world by storm in the last twelve months. The process can be confusing, so allow me to elaborate a bit. In order to trade in NFTs, you first have to

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Scammers Target Ukraine Donors

Scammers Target Ukraine Donors

At the height of the Russian invasion, scammers target Ukraine donors using various email phishing tactics. This blog was originally written as an article published in the Star Tribune Business Section, on March 13th, 2022. See below. Star Tribune: “How to Guard Against Scammers Preying on Donors to Ukraine” The Russian invasion of Ukraine is a tragedy. Scammers see these types of tragedies as an opportunity to turn your compassion, generosity, sympathy and vulnerability into a money-making venture. Events that have

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