What secrets might this 1040 tell? Experts look to tax returns in hidden-asset investigations
Abstract: Business owners involved in divorce or engaged in fraudulent activity have plenty of motivation to manipulate the business’s financial statements for their own ends. But a company’s tax returns aren’t so easy to misrepresent — so they’re one place financial experts look when investigating hidden assets. This article lists the kinds of financial information valuators and others may uncover when examining a company’s tax returns.