Fraud


FRAUD

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 )

SPONSORED REPORT

The technology assessment engagement

Are 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 credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.