“Machine Learning” is a trendy term being kicked around (pun intended) by fraud fighters around the world. In fact, Machine Learning is such a popular term that it is becoming a staple in buzzword bingo games. Here’s a little secret about machine learning… many of the people who talk about
Author
International Fraud Awareness Week is here! I know, I know… Fraud Week is not quite as exciting as Shark Week. It doesn’t appeal to your taste buds like Restaurant Week. Nor does it have the quirky feel of Brain Awareness Week (nope… I’m not making that one up!!). Nevertheless, Fraud Week is
Happy Tax Day, America! Today marks our annual ritual of filing tax returns in the United States. And complaining about taxes. And cursing the IRS (even though it's misguided to shoot the messenger, in my opinion). Think you know a lot about taxes? Let's travel back in time to 1913, when
Tax preparation software has encouraged the gamification of tax evasion, making it tantalizingly simple to bump up the value of a tax refund. This is alarming, but it's easy to see how we got here. I love classic video games. When I was a kid, Atari made the best games, but hard
Groundhog Day is one of those quirky bits of Americana that add richness and flavor to life. Everyone likes Groundhog Day. It’s a fun, light-hearted way to cope with the cold, dark days of winter. Taxes, on the other hand, are not so fun and light-hearted. Mention the word “taxes”
Identity quizzes are a hot topic among fraud fighters, and particularly so among tax administrators. A quick web search finds that a lot of state tax agencies use quizzes to fight refund fraud, including Indiana, Louisiana, and Ohio. Even the IRS has gotten into the game. In reading the press
Judging by the spike in media coverage of tax fraud, one might think accountants have suddenly been inspired by Breaking Bad re-runs, and turned en masse to lives of crime. Umm… no. But, there are two good reasons for all the attention. One reason is because of a new law
Here’s a great way to kill a conversation at the next cocktail party you attend. Start talking about the US budget deficit. You remember the deficit, right? It’s the difference between what the government collects and what it spends. In 2014, the US federal government spent $488 billion more than
All of us are familiar with common fraud types. Insurance fraud, credit card fraud, identity theft, and tax evasion are among the most recognized areas. But, there are many other fraud types that have a big impact on our daily lives, yet receive little attention in the media and among