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If you are interested in learning more about how the Gettry Marcus Camp Financial Index can help your camp please click the link below to schedule an introductory meeting with Andrew Zwerman. https://outlook.office365.com/owa/calendar/CampFinancialIndexMeetings@xcentricGETT17E.onmicrosoft.com/bookings/

Individual retirement accounts (“IRA”) come in different flavors, but the most common are traditional IRAs and Roth IRAs.  Contributions to a traditional IRA are deductible and withdrawals – both original contributions and the earnings on them – are taxed as ordinary income. Generally, the owner must take required minimum distributions starting at age 72. Contributions to a Roth IRA are not deductible and withdrawals– both original contributions and the earnings on them –are tax-exempt, as long as the taxpayer is over 59 ½ and the funds have been held in the Roth IRA for at least five years. There are […]

The application portal is now open for Provider Relief Fund (“PRF”) Phase 4 General Distributions with $17 billion of funds available. Phase 4 General Distributions will be comprised of two payments: A Base Payment, which will be based on changes in operating revenues and expenses from July 1, 2020 through Mar. 31, 2021, with smaller providers reimbursed at higher percentages; and Bonus Payments, which will be based on the amount and type of Medicare, Medicaid, and Children’s Health Insurance Program (CHIP) services provided. The application period will close on October 26, 2021 at 11:59pm. For more information, visit Provider Relief Fund Phase […]

In conjunction with our strategic relationship with Total Technology Solutions (“Total”), Gettry Marcus has been proactive in educating employees on the importance of preventing cybersecurity threats to our firm. Total examines the 2020 cybersecurity story and provides insights into how global events can rapidly transform the cybersecurity landscape. There were 5 key trends that transformed 2020 and will impact 2021.  5 Trends That Transformed 2020 The exponential increase in phishing Third-party and supply chain data breaches Cybersecurity weaknesses triggered by the remote workforce shift Ransomware everywhere The increase in dark web danger If you want to learn more about these […]

The following excerpt is from an article that was published in the August/September 2020 issue of the Financial Valuation and Litigation Expert.  Previously in this series discussed the evolution of the forensic accounting profession and two of the three investigative techniques modern-day forensic accounts should be well versed in. The final part of this series will discuss the importance of digital analysis technology. Due to the great and consistent growth in detail-oriented technology, forensic accountants are offered a wide variety of computer-based techniques to help them look deeper. The patterns and deviations in data that may not be detected by […]

The following excerpt is from an article that was published in the August/September 2020 issue of the Financial Valuation and Litigation Expert. The preceding portion of this series discussed open-source intelligence and the information that it provides to forensic accountants. Another investigative technique that should be utilized by forensic accountants is communication and interpersonal skills. This goes beyond the ordinary skill of noticing when someone is nervous or uncomfortable. It means analyzing verbal, physical, and even written behavior as we attempt to become a “human lie detector.” In order to expand the web of available information, forensic accountants must be […]

The following excerpt is from an article that was published in the August/September 2020 issue of the Financial Valuation and Litigation Excerpt. The introduction to this series discussed the evolution of the forensic accounting profession and explained that there are three investigative techniques in which the modern-day forensic accountant should be well versed. The first investigative technique, which was highlighted in this article, is open-source intelligence. “Open-source intelligence” is a term used for data and information that is available to the general public. Thus, “open-source” refers to accessible sources, as opposed to covert or hidden sources. Publicly Available Information  Among a […]

The following excerpt is from an article that was published in the August/September 2020 issue of the Financial Valuation and Litigation Excerpt. For many attorneys, retaining the services of a forensic accountant has become an integral part of resolving their clients’ legal battles, either before or during litigation. With the modern-day complexities of a perpetually changing environment, coupled with the growing demand for business-related investigations, forensic accounting professionals are increasingly asked to investigate and uncover deception in financial-related issues. As a result of the expanded range of knowledge and skills needed to perform investigative services, forensic accountants—the past object of […]