/Kevin Yardumian
About Kevin Yardumian
Kevin Yardumian, CPA, CFE is a Shareholder at Gumbiner Savett Inc. Kevin assists clients with both tax compliance and planning and financial statement audits as well as audits of employee benefit plans that fall under the Department of Labor's ERISA guidelines. He is also a Certified Fraud Examiner and works closely with business owners to set up controls within their organizations to detect and deter fraud. Kevin’s clients include individuals, NFPs and middle market private companies involved in aerospace, consumer products, manufacturing and distribution, technology, real estate and construction.

The benefits of a franchise audit

By |2020-03-04T19:30:25+00:00October 3rd, 2019|Categories: Blog, News|Tags: , , , , , , |

It’s important for franchisors to periodically audit individual franchisees. These routine “check-ups” are especially valuable in a store’s early years of operations or if performance starts to deteriorate. They can be used to detect symptoms of unhealthy performance and treat problems before they spiral out of control. The importance of royalty payments Royalties are [...]

Art Collectors Should Use Tax Laws to Protect Heirs

By |2017-05-24T13:42:07+00:00May 4th, 2016|Categories: Succession Planning, Tax Planning|Tags: , , , , , |

With proper plan­ning, collectors can enhance the financial benefits of their art collection.  If you are a serious art collector, you should be aware of the numerous tax issues related to the ownership and transfer of art and collectibles. Following is a discussion of some of the more relevant tax issues and related tax planning [...]

Prevent Losses Due To Fraud

By |2017-05-24T13:42:21+00:00December 15th, 2014|Categories: Fraud Prevention|

Consistent with previous studies, the 2014 report estimates that the typical organization loses 5 percent of its revenues each year to fraud. Based on the latest Commerce Department estimate of 2013 U.S. gross domestic product ($16.8 trillion), domestic organizations lost about $840 billion to fraud last year.

3 Tips to Avoid New Phone Scams

By |2017-05-24T13:42:21+00:00December 3rd, 2014|Categories: Fraud Prevention|Tags: , , , |

If you've noticed an increase in unsolicited phone calls — even though you're on the Do Not Call registry -- you're not alone. The Federal Trade Commission (FTC) and the Better Business Bureau (BBB) warn that these calls may appear to come from a local business, your bank, a neighbor, or even from yourself. The point is to get you to pick up the phone.

Don’t Let Phone Scams Trick You

By |2017-05-24T13:42:21+00:00December 1st, 2014|Categories: Fraud Prevention|Tags: , , , , |

Phone scams continue to become more sophisticated. When caller ID was introduced, it became easier for people to avoid unwanted calls, but it was only a matter of time until scam artists developed ways to use caller ID to entice people to pick up the phone. Scammers can mimic your bank or your credit card company or even a government agency like the IRS.

3 Steps to Limit Identity Theft at Work

By |2017-05-24T13:42:23+00:00July 30th, 2014|Categories: Articles, Business Advice, Fraud Prevention|Tags: , |

Businesses are not always aware of the full scope of business problems that identity theft can cause.  It is not only credit card information that can be utilized: sensitive files, such as customer, vendor, or employee home addresses or social security numbers can also be exploited. If a business falls victim to identity theft, it [...]

Fraud Detection & Prevention

By |2017-10-26T17:08:41+00:00April 23rd, 2014|Categories: Articles, Fraud Prevention|Tags: , , |

Fraud is everywhere and can range from small infractions to large scale theft. Fraud can be experienced by not only a company but by individuals. Studies have shown that the presence of anti-fraud controls correlates with a decreases in the cost and duration of fraud. Being aware of potential fraud signals can help you avoid [...]

How to Protect Against Tax Identity Theft

By |2017-05-24T13:42:30+00:00January 6th, 2014|Categories: Articles, Business Advice, Fraud Prevention|Tags: , , , , |

Tax identity theft is a growing epidemic. Two typical identity theft fraud schemes are: Refund fraud. The thief files a fraudulent tax return, reporting fictitious wages and withholdings, usually early in the year before companies are required to issue 1099s and W-2s. The thief pockets the refund, which is typically issued electronically or with a [...]

Minimize the Risk of Business Fraud

By |2017-05-24T13:42:33+00:00May 8th, 2013|Categories: Articles, Fraud Prevention|Tags: , , , , |

Business fraud is everywhere. It can range from employees taking small items from the office to embezzling hundreds of thousands of dollars and crimes may be committed by anyone from the lowest-paid employee to someone in upper management. All too often, business owners are unaware of wrongdoing, sometimes refusing to acknowledge the possibilities – until [...]

Be Aware of Tax Identity Theft Scams

By |2017-05-24T13:42:41+00:00August 9th, 2012|Categories: Articles, Fraud Prevention|Tags: , , , , , , |

Identity theft is a growing problem throughout the country, and it is affecting the filing of tax returns in a major way. The Federal Trade Commission reports that it continues to be the number one consumer complaint reported to the agency year after year. Identity theft can be a risk every time you swipe your [...]

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