Recorded Live from The Tax Planning Summit and Reunion 2024 in Detroit

Episode Title: Mom Made Me Do It: The Astonishing Case of Misty Brotherton Tanner

Show Notes:

Welcome to a special live recording of Tax Crime Junkies! In this episode, recorded in front of a live audience at The Tax Planning Summit and Reunion 2024 in Detroit, Dominique and Tom delve into the riveting case of Misty Brotherton Tanner, an accountant who turned trust into treachery, orchestrating a scheme that defrauded multiple companies of over half a million dollars.

Episode Highlights:

• The Setup: Misty Brotherton Tanner, a trusted accountant, manipulates payroll systems, creates ghost employees, and fabricates IRS documents to steal from her employers.
• The Scheme: Over the course of several years, Misty embezzles more than $582,000 through a web of deceit, involving her mother, Lois Brotherton, as an accomplice.
• The Impact: The shocking betrayal of trust leaves her employers, the Whites, in financial ruin and emotional turmoil, leading to legal battles and IRS debts.
• The Legal Consequences: Misty’s downfall culminates in a 33-month prison sentence, while her mother receives five years of probation with home confinement.
• Live Audience Q&A: After the episode, we turned the spotlight on our audience of 200 tax professionals, asking them about their experiences with fraud, the red flags they watch for, and the preventive measures they employ to protect themselves and their clients.

Key Takeaways for Tax Professionals:

• Recognizing Red Flags: Learn from the audience’s shared experiences on identifying the warning signs of fraud in client accounts.
• Balancing Trust and Verification: Explore strategies for maintaining trust with clients while ensuring thorough verification processes to prevent misconduct.
• Practical Prevention Tips: Discover practical tools, technologies, and best practices that can help safeguard your practice against fraudulent activities.

Special Thanks: A huge thank you to all the tax planner attendees of The Tax Planning Summit and Reunion 2024 for their participation and insightful contributions during the live Q&A session.

Stay Connected: If you enjoyed this episode, don’t forget to subscribe to Tax Crime Junkies and share it with fellow tax professionals. Join us next time as we uncover more stories of financial intrigue and deception. And remember, every financial crime leaves a trail—let’s follow it together.

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