Loss of Household Services Defined Household services represents a concept that is often difficult to define. If an injured person cannot perform household services for him or herself, the injured... read more →
As with most cases, many of the disputes that arise in estimating damages for lost personal income can be resolved by applying the basic damages framework. Damages are the difference... read more →
Damages Quantification Damages quantification operates on the premise that the defendant is liable for damages from the defendant’s harmful act. The plaintiff is entitled to recover monetary damages for losses... read more →
Teal, Becker & Chiaramonte, CPAs, P.C. (TBC), a top accounting and advisory firm and Ferraro, Amodio & Zarecki, CPAs (FAZ Forensics), a leading boutique forensic accounting firm have announced a... read more →
In many personal injury cases, the award of damages often centers on the calculation of the loss of future earnings. ... read more →
This article is the first in a series by FAZ Forensics intended to provide education on fraud prevention and detection, financial investigations, critical aspects in the quantification of economic damages,... read more →
ALBANY and SARATOGA SPRINGS (November 7, 2018) – Teal, Becker & Chiaramonte, CPAs, P.C. (TBC), a top accounting and advisory firm and Ferraro, Amodio & Zarecki, CPAs (FAZ Forensics), a... read more →
To determine the loss period, there are several sources to choose from. According to a 2012 survey by Slesnick, Luthy, and Brookshire, more than 62% of damages experts use tables... read more →
Future earnings are not certain. Companies start up and companies fail, economic cycles take place with expansion and contraction, and on a personal level, individuals become ill, get displaced or... read more →
There are certain situations that impact mitigation and the following are examples of those situations: Alternative income after training exceeds the projected trend in pre-injury wages so there is... read more →