Valuation, Forensic & Litigation

Elder Fraud Awareness and Prevention

Elder Fraud Awareness and Prevention 150 150 SAX - Advisory, Audit and Accounting

According to the FBI’s Internet Crime Complaint Center’s (IC3) 2023 Elder Fraud Report, frauds targeting individuals aged 60 and above resulted in over $3.4 billion in losses in 2023. This represented an increase of nearly…

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Divorce and Value

Divorce and Value 150 150 SAX - Advisory, Audit and Accounting

In the process of valuing a business, especially in divorce, the business owner often comments “but the business is not worth anything without me.” This could be true, however, in the…

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Make-Up Revenues

Make-Up Revenues 150 150 SAX - Advisory, Audit and Accounting

Understanding Make-Up Revenues in Business Interruption Claims  When a business experiences a loss event, such as a fire, flood, natural disaster, or other covered event, it may result in lost…

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Construction Contracts and Disputes: How Forensic Accountants Can Help

Construction Contracts and Disputes: How Forensic Accountants Can Help 150 150 SAX - Advisory, Audit and Accounting

Construction projects often start with optimism but can quickly unravel into disputes. Cost overruns, delays, and change orders frequently trigger financial conflict, and the construction contract becomes the main battleground. Moreover, the…

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Discontinued Expenses (No-Fault)

Discontinued Expenses (No-Fault) 150 150 SAX - Advisory, Audit and Accounting

Understanding Discontinued or “Saved” Expenses in a No-Fault Claim for Lost Self-Employment Earnings  When a self-employed individual is injured in an automobile accident in New York, they may be entitled…

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Identifying Seasonality Within Businesses

Identifying Seasonality Within Businesses 150 150 SAX - Advisory, Audit and Accounting

In today’s economic climate, the majority of businesses are subject to a varying degree of seasonality. Whether you own a landscaping business, or manage a local coffee shop, your business is likely to…

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Cash vs. Accrual Accounting in Business Interruption Claims

Cash vs. Accrual Accounting in Business Interruption Claims 150 150 SAX - Advisory, Audit and Accounting

When a business suffers a covered loss that interrupts its operations—such as a fire, storm, or other insured peril—business interruption insurance (often called business income insurance) is designed to reimburse…

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Calculating Lost Rental Income for Insurance Claims

Calculating Lost Rental Income for Insurance Claims 150 150 SAX - Advisory, Audit and Accounting

When a property becomes uninhabitable due to damage from fire, storms, water, or other covered perils, landlords may lose out on rental income. Fortunately, many insurance policies include Loss of Rent or Business…

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Calculating Lost Earnings in Loss of Use Trucking Claims

Calculating Lost Earnings in Loss of Use Trucking Claims 150 150 SAX - Advisory, Audit and Accounting

When a commercial truck is out of service due to an accident, owners and operators may face significant financial losses. The inability to operate a vehicle results in lost revenue, ongoing expenses, and potential lost…

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Calculating Lost Earnings in Loss of Use Trucking Claims

Calculating Lost Earnings in Loss of Use Trucking Claims 150 150 SAX - Advisory, Audit and Accounting

When a commercial truck is out of service due to an accident, owners and operators may face significant financial losses. The inability to operate a vehicle results in lost revenue, ongoing expenses, and potential lost…

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SAX - Advisory, Audit and Accounting