The Treasury reports a sharp rise in the frequency of
identity theft—for example, fraudulent use of Social Security numbers
to obtain loans for buying luxury cars—and offers tips on how to
detect suspicious financial activity and notify the appropriate
authorities ( www.treas.gov/fincen/sarreview06182001.pdf
; www.treas.gov/fincen/sarreview2issue4web.pdf
)
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The technology assessment engagementAre you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.
FEATURE
Maximizing the higher education tax creditsA counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.