June 2026 - QuickRead | News for the Financial Consulting Professional

Healthcare - QuickRead Top Story

OIG Clarifies AKS Liability Beyond FMV and Stark Law: Additional Guidance Provided on Physician Remuneration

June 10, 2026

On April 23, 2026, the U.S. Department of HHS OIG updated its General Questions Regarding Certain Fraud and Abuse Authorities FAQ page. The update revised one existing FAQ and added another. This article discusses the OIG’s updated guidance and its implications for parties that rely on FMV opinions in structuring healthcare arrangements. On April 23, 2026, the U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG) updated its General Questions Regarding Certain Fraud and Abuse Authorities Frequently Asked Questions (FAQ) page for the first time since July 2024.[1] The update revised one existing FAQ and added…

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Financial Forensics - Valuation/Appraisal

Down the Rabbit Hole: How Forensic Procedures Can Inform Business Valuation

June 10, 2026

In the article, the author discusses when to expand an engagement to include specific forensic procedures. This need arises when the financial statements are misleading, incomplete, or appear manipulated. These factors, alone or in combination, can significantly distort the concluded value of a business. When a business valuation is necessary in a litigation setting, determining the value of the business is often one of, if not the most, critical pieces of the overall puzzle. One question often sits at the center of the conflict: What is the business worth? The process to arrive at this answer may seem straightforward—review the…

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Litigation Consulting - QuickRead Top Story

Book Review: Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach

June 3, 2026

Published in 2020 by John Wiley & Sons, the third edition provides a practical and methodical discussion of economic concepts, analytical frameworks, and litigation issues commonly encountered in damages analysis. Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach by Patrick A. Gaughan is a valuable technical reference for professionals involved in business interruption and commercial damages engagements. Business interruption damages engagements often require forensic accountants and litigation experts to evaluate “but-for” financial outcomes under uncertain circumstances. These counterfactual analyses involve projecting what a business would have earned absent a loss event and comparing those expected results to…

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Case Law - QuickRead Top Story

Estate of Kurt A. Amplatz, Security Bank & Trust Company v. Commissioner:A Case that Exemplifies the Service’s Statutory Obligations When an Estate Return is Selected and Penalties are Recommended, and What Ultimately is a Triable Issue Before the U.S. Tax Court

June 3, 2026

The recent U.S. Tax Court case, Estate of Kurt A. Amplatz, Security Bank & Trust Company v. Commissioner, offers QuickRead readers an opportunity to better understand what happens when the Service selects an estate’s 706 for audit, procedural issues that arise when motions for summary judgment are filed, and why penalty assessments under section 6662 are virtually always a triable issue. The ruling is cited extensively in the article because it provides those not familiar with a detailed roadmap of the Service’s statutory obligations and what is ultimately a triable issue. The recent U.S. Tax Court case, Estate of Kurt…

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