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Steve Bliss Law Estate Planning Attorney

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Forensic Accounting in Business Litigation – Your Secret Weapon

Knowing what your business competitors are up to is an important part of strategy, but when it comes to litigation forensic accounting is indispensible. Forensic literally means used in a court of law or for public debate. When we combine accounting skills with legal knowledge, it is called forensic accounting.

The Elements of Business Litigation

The underlying cause of most business litigation is money and finance. The claims and counter-claims in a court have to be justified by facts and figures. Since the main element of business litigation is primarily finance, it is essential that one is aware of the opponent’s true financial position. For this, we need a professional accountant who can analyze the balance sheets and accounts which are made public. Through this analysis process, you can understand the exact nature of financial transactions of a business.

Another important element, in addition to accounting knowledge, is to present data and financial figures acceptable to a court. Not only should the information be clear and precise, it must also meet basic court requirements. Forensic accounting is therefore your secret weapon in financial litigations. One more vital aspect which you must bear in mind is the liability of different parties. The assessment of financial loss a business incurs due to the financial transactions between each other can only be assessed by a professional accountant by auditing the financial statements of both the litigants. The court will base its judgment on the facts and figures presented. Forensic accounting is therefore a specialized field which combines the financial, auditing and investigative aspects of a business entity and gives a legal framework to the entire process.

Forensic accounting in business litigation not only covers litigation between two businesses but also within organizations. Financial frauds and misappropriation of funds by employees forms an important part of forensic accounting. Identity thefts have become rampant in this modern digital era. Credit card frauds and impersonation, Phishing and other online crimes have increased over the years. Forensic accounting can help significantly in such litigations.

Business litigation essentially involves financial accounting. A deep understanding of financial documents, balance sheets, business accounting and auditing is required to expose frauds and misappropriation. Presenting accounting information in format which appeals to a court of law is an important part of forensic accounting. A professional CPA can uncover details which can prove to be your secret weapon in business litigations.

Call us today at 713-661-1040 and let us put our experience to work for you. Protecting your bottom line is our top priority!
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Wealth management is the amalgamation of the clientsÂ’ investments, taxes and estate plans into an all-integrated plan to achieve their individual goals through proper management of their financial resources. It is a discipline of investment advisory that integrates financial planning, investment portfolio management and a number of other financial services. Wealth management is also referred to as a high-level form of private banking for those who are quite affluent. To make the most of the wealth management strategies, one must have a significant amount of wealth.

Once an individual has accumulated a fair amount of wealth, managing the wealth is the primary concern. It is very important that you manage your wealth so that you can enjoy the security that it can offer. With proper management of your wealth, you can also pass your wealth to the generations that will follow. Turbulent changes in the stock market, bad investments and dishonest money managers can at times hinder all your financial plans. So, it becomes very important to avail of the wealth management services of a reliable financial planner. Wealth management also includes protecting and preserving your wealth. Proper management of wealth begins with finding out your real worth. You must be earning a fancy six digit salary, but if most of it is going out in expenses, then your wealth is not worth that much. When you have gained sufficient knowledge about financial terms and also your actual financial worth, you need to manage your wealth. You would want to distribute your wealth in a manner that it lasts for your lifetime and can also be passed on to your next generation. For proper management of your wealth, you an avail professional wealth management services which will help you distribute your investments in a broad and diverse portfolio. You could invest your wealth in stocks, bonds, investment properties, assets, retirement plans, etc.

This proper management helps you identify your financial goals. When you have an idea about an initial objective while composing your wealth management plan, it becomes more planned and streamlined. The wealth management plan that you have circled down, not only gives you the opportunity to identify your goals, but also helps to set parameters for the achievement of these goals. Also, frequently reviewing your strategies helps in ensuring that your current financial decisions reflect your future goals.

Before investing in any financial firm or institute, please read the documents carefully. Also, consult a high quality financial advisor. Allow them to assist to create investment plan for your future.
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The beginning of a new year is always a good time to take stock of your life, whether personal or professional. Business owners should take a moment to look at their companies and ask what they could change, how they could make things better for the coming year. One choice you can make that will help your business run more efficiently is to use Tax Slayer tax accounting software.

If You Aren’t Using Tax Accounting Software

Are you still keeping paper records and filling out tax forms by hand? It’s time to upgrade your office to the 21st century with the implementation of tax accounting software. It’s faster and more accurate than doing it by hand, and when you spend less time doing your accounting that is a direct savings to your company.

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If You Are Using Someone Else’s Tax Software

We know you have other choices in tax accounting software and we understand many of our competitors offer good products, but is your current tax software the right option for you?

Many of the budget tax packages don’t have the features TaxSlayer Books do. You may find you still have to resort to keeping other records on paper, on a spreadsheet or in other packages rather than having a comprehensive accounting package at your fingertips. Our software was designed by accountants to provide the features modern businesses need.

Or maybe you are using one of the expensive accounting packages and find it is simply overkill for your business. If your current software is so complicated and confusing that you dread clicking on that icon, it’s time you looked into package designed for small and large business alike.

If You Already Use TaxSlayer Books

Although you may have already discovered the powerful and easy to use features of TaxSlayer Books tax accounting software, are you using the program to its fullest extent? Take some time to explore the program and you may find new features you didn’t even know existed. We have worked hard to prepare a fully-featured accounting package for your business, and even long-time customers discover new features.

Or maybe it’s time to upgrade to the newest version of TaxSlayer Books. We are always seeking to improve the software and add features as our users request them. If you are using an older version of the software, look into the capabilities of our latest version and you might be surprised how much we’ve added.
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There are many things about building a new home that are amazing and exciting. But there are some common mistakes that are made by the designer / home owner that can and should be avoided. We often think that our builder or someone else is going to help us avoid mistakes, but mistakes are inevitable and often out of our hands (especially with custom built homes); but it is a good thing to be informed and ready for anything when building your home. So here are a few different mistakes people make when building their new home.

Dollars over quality
When it comes to custom homes or building in general you must be very sceptical of the ‘cheapest price’. Because in building the cheapest price is rarely the best value and it is definitely not the best product. Money is still important and builders still need to be competitive in their pricing, but when it comes to the home you will be living in, going the lowest price is not the best idea. If at the beginning stage of building your home you save a few thousand by choosing low end products, you will forget about those thousands saved when those products don’t hold up through the first few years of living in your new home. Also enquire of your builder if you can see previous or current projects using the same products.

Unique is good, too unique is very bad
Design is something that every home owner wants to be a part of and even though you could choose a house off the builderÂ’s plans, chances are you will still want to make some changes. In saying that definitely add design elements that are going to best reflect your personality and season of life, but do not over complicate the design. You need to consider your homeÂ’s value and possible resale, even if you plan on living in it for the long run it will eventually need to be resold and if the design is too unique then that is going to make it harder than it needs to be to resell.

Time your changes
While on the subject of design, it is very likely that at some point you are going to want to change something about the design. For example, you may want to add a walk in robe where there wasnÂ’t one, or maybe even a whole other bedroom. These designs are all possible but they need to be made in the planning stage and avoided in the building/construction stage. You can make them in the building stage but it is a lot more expensive and could potentially make your mortgage repayments higher.

As mentioned earlier, mistakes will be made, but if you can avoid mistakes on your end that is going to make your building journey one to be remembered and not a nightmare that goes on long past you moving into your new home. Consult a good quality builder like Great Living Homes, who are also custom home builders Perth, and ask the difficult questions to avoid mistakes.
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Every year around tax season, millions of people across the globe begin worrying about their financial outlook. Is there anything they forgot about throughout the year that could negatively influence their tax situation? Will they be in danger of an audit? Were their business bottom lines successes or failures? How will they manage the upcoming year in lieu of the previous? With all of these questions, there are two ways you can go: 1) You can worry about handling them yourself, making mistakes, and causing a great deal more trouble for yourself down the road; or 2) You can turn it over to the hands of a personal tax accountant with the expertise designed to help you successfully navigate the beast known as tax season. If you prefer action two, here are four further considerations you must make before committing to a relationship:

What is your tax situation? Do you have complicated deductions, credits, and liabilities? Are there any tax shelters or investments with which you are involved? Do you own a business, or is it just you and your family that you need to worry about? Some matters are so simple that it really is advantageous to invest in software that can help you easily navigate less challenging situations. But if you have fears, doubts, and complications, you will probably still need the help of a professional. Evaluate your needs before forging ahead to the next question:

Will your costs be worth your returns? A personal tax accountant is invaluable, yes, but definitely not free. That’s not to say it’s his life goal to rip you off. Not at all! But if your tax situation is at or near break even, and it is easy to figure out for yourself, this should definitely be a consideration to hiring a professional.

What kind of reputation does your potential personal tax accountant have? Most of the time, a personal tax accountant is in business to help you make the most of your tax season. He wants to help you succeed, and doesn’t want you to stress out over the fallout. But you can never be too careful. That’s why it’s vital to seek the reputation of the potential personal tax accountant. Ask people you know to refer you. If you get a good word from someone you trust, you can take that to the bank.

Does your personal tax accountant help you understand the law? You’re an adult. It’s your responsibility to understand how your world works. But at the same time, you didn’t go to school for this. Make sure your personal tax accountant can adequately explain your situation to you, and help you understand the law.

A personal tax accountant isn’t free, but the advice and wisdom he offers is vital. Seek it out. Ask questions. And maybe future tax seasons won’t be such of a bother!
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People don’t set budgets for themselves to make their lives miserable and not fun. Instead, they use a budget for just the opposite. A financial plan or budget is simply a guide to help manage your money and spending. We all have a job and some kind of income, and all of it is usually used on expenses. Without properly distributing income for the proper expense, an important bill may be overlooked and fall short. The overall goal for creating a financial plan is to lay a foundation down for the proper allocation of income required to cover each expense.

A well thought out financial plan offers nothing but benefits to you. You can do it yourself or hire a professional if you don’t think you are up to the task. No matter which you choose, remember to do it the right way and take full control of your situation. A good financial plan can turn around your financial outlook and hopefully nip some problems, like bad debts or past mistakes, right in the bud.

* Compile a list of short and long-term goals. Things such as vacation plans, purchasing a new house, buying a new car and others that would require you to make a large investment should be included in this list. Think of a variety of different reasons that would affect your life and why financial planning and saving can benefit your life. The better direction and defined goals you have, the easier it will be to meet them.

* Having a sound financial plan is also a great way to protect you and your family in times of hardship. You never know what the future holds. Something like an accident, job loss or a natural disaster can occur at any moment and change your life for the worse. A sound financial plan allows you to alleviate this burden and enjoy today without worrying so much about tomorrow. This kind of protective financial planning covers everything from life insurance to an emergency savings account.

* Don’t let your debt take control of your life. The main benefit of good financial planning is the opportunity for you to take control of what you owe. You need a sound plan to decide how to allocate your money where it is most needed if you ever want that debt off quickly.

* Another great way to use sound financial planning is if you are planning on starting your own new business. In order for you to become approved by a bank for that all important business loan, you’re going to need a business plan which includes a section for your financial planning. In order for you to spend your new business’s money wisely, you will need a well structured budget.

* Pick out a set time of the month and regularly go over your plans. As you move closer to debt relief or as your business grows, your financial standings and plans will change and need to be revised. Don’t be afraid. Revising your plan is normal and should be encouraged. As long as you keeping your working on that final goal of yours, taking a different plan of action is fine.
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The suggestions offered so far have been made for the purpose of discovering symbols or patterns in which to build the layouts for valentine. Advertisements framed in this way are likely to possess the first characteristic listed at the beginning of valentine week. In building to a pre-conceived pattern, it is likely that the various units of the layout may be of striking shapes.

A striving after shapes alone, however, is worthy of attention. This may be done methodically, with pad and pencils. The limits of valentine advertisement are indicated by the broken line in the usual manner and two pieces of paper are then roughly washed with water color, one dark gray and the other light gray. The red color is used for the illustration and the light color is used for the text matter. The limits of the real estate advertisement are indicated by the broken lines in the usual manner. When the most acceptable arrangement is arrived at, a rough layout may then be drawn and refined. By “referred” we mean that the arrangement itself must, in turn, be made acceptable to the artist, the copywriter and the real states advertiser, when none of these persons is the layout man himself. The suggested shape of the illustration having been prepared, the space for the next may be a little more or a little less than is necessary.

It is apparent from the above that the layout man has here taken the first step by furnishing the artist and writer with “ideas” for their respective roles. In practice, however, this is not always desirable or unusual. The picture for a series of advertisements may have been prepared or the “copy” written before the layout man is called upon to do his job. Such condition need not be restrictive with modifications; the patch work method may still be employed. Finished drawing or photographs may usually be cut to the shape devised by the layout man; but cutting will call for discrimination. When, therefore, the final pattern has been decided upon, it is a good plan to cut a “mask” to the shape required and lay this mask upon each of the drawings so that only the inessential are hidden. The use of a mask will enable one to decide whether the shape suggested for the illustration is advisable for all illustrations drawn for the real estate series.

To summarize, we can make no hard and fast rules for laying out the modernistic advertisement techniques for the real estate industries. The major objective is the unique and the unusual as opposed to the usual and the orthodox. Simi Valley Real Estate efforts are limited only by the demand that our advertisement must attract, interest, aroused desire and conviction and possibly, impel action.
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Main Overview of the Organization:

Wealth Masters International, started in 2005 and based out of Texas, is a home-based business that is constructed on the direct sales model. Even though the sales on their own depend on person to person contact, the income plan is influenced by an up-line model, with those who rate above affiliates obtaining profits from them. In order for an affiliate to progress in status and start acquiring commissions from other affiliates, a certain number of new recruits has to be reached. A few will discover that meeting this certain number makes it challenging to focus on the main business itself, which has the potential to yield a decent profit.

For those who are able to match their quotas, the product line of this business (the Wealth Acceleration Program) will lead to sales that can deliver a secure income level. The upside to this product line is that the product alone is special in its own right.

The problem is that it is offered just to people with a U.S. citizenship, hence restricting the opportunity for worldwide growth as a business. It also cannot be marketed to those who have already integrated financial services and advisors into their personal lives, as they have no demand for what the product provides. Ironically, it is the people with this kind of success who would make the most ideal clients.

A further factor to consider when thinking about the overall impression of wealth masters international, are the month to month fees that members need to pay. There are fees for the websites that are applied with this business, in addition to a month to month subscription charge that all members need to pay in order to keep using the program.

In addition to the monthly fees, which as an aside, make Wealth Masters one of the most expensive out-of-pocket corporations to become involved with, there is its connection with Carbon Copy Pro as well.

What Are The Products And Exactly What Do We Think Regarding Them? Wealth Masters International

There are three major products which Wealth Master’s International delivers.

Product 1: M1 Masters Course

Cost: $1995

Package Description: Contains content rich CD’s and DVD’s released by Wealth Master’s co-founder Kip Herriage. Gives fiscal information and facts regarding things such as asset protection, estate planning and strategies regarding tax. The information is informative and beneficial.

Although the information is extremely good, there exists one hitch in that in an effort to follow through with the monetary advice detailed, the client is forced to hire the services of specialist financial advisors, namely those in alliance with Wealth Masters International. To utilise the alliances recommended by Wealth Masters calls for additional fees to those already mentioned, as connections to these alliances are not given complimentary to Wealth Masters associates.

The M1 Masters Course includes a few “extras”, along with the information CD’s. Sandy Botkin’s tax strategy course, Jeff Combs’ publication More Heart Than Talent, a healthy eating course created and supplied by Danna Latson, A CD from Elle Drake, and the motion picture The Secret.
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Some people think becoming an entrepreneur is so difficult. They often think that to be an entrepreneur, money is the main factor. Actually, there is something else such as mental preparation that plays an important role.

Some people choose to be entrepreneurs because they do not want to suffer tight competition in the workforce, to have the desire for unlimited earnings, to have the freedom to determine their own destiny, and to be more independent or to have extra satisfaction on their personal achievement.

In the early stages of becoming entrepreneurs, however, people should realize that their income can be less than before, no more company allowances. Not mentioning that they have to work harder and longer hours, with the responsibility of employing their workers.

Moreover, they should cope with critics from their environment about how stupid they are for letting go such a good job with good payments and benefits.

People should have more than one income source, but by being entrepreneurs, they are working for themselves, and they alone will determine how much they want to earn and how.

Tips for new entrepreneurs:
• Start with a low working capital, so people can minimize their potential loss that may occur.
The other advantage is to train to survive in the new business with minimum facilities.
• Be flexible; entrepreneurs should revise their business concept with current trends and economical conditions.
• It is recommended to have a mentor who can share knowledge and give advises on critical points.
• Start with your hobbies.
By doing so, hopefully they can cope with the frustration and do not give up when they have to deal with difficulties.
• Sometimes it is a good idea to do a completely new business idea that might bring less competitors.

Starting a new business needs capital. It is a safe way to use their own savings, because they do not have to pay interests or risk their assets when taking business loans from a local bank.

Avoiding interests should be considered since it is hard for a new business to gain profits during its first months of operation. It can take their breath away to pay high interests.

For people with a strong network, they can look for partners to cooperate with, so they also can share the capital.

Having a business does not mean that people will earn profits right away. Entrepreneurs should think about getting loyal customers and give them competitive services.

After a business has been developed, entrepreneurs might need employees. it is important to put honesty as the first criteria. It is a fact that honest people become rare nowadays, and you do not want to be cheated by your employees.

Last but not least, entrepreneurs should understand that running a business is a process. There will be some critical moments before they can earn a stable profit.
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43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
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43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Temecula Trust Lawyer
43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
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43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Temecula Wills and Trusts Lawyer
43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
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43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
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43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
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43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
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43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Estate Planning Lawyer
43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
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43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Trust Lawyer
43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Wills and Trusts Attorney
43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Wills and Trusts Lawyer
43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
The Law Firm Of Steven F. Bliss Esq.
43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000

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