13
Apr
13
Apr
What do I do if my client won't pay
CPAs work hard for their clients, but clients don’t always show their accountants the same regard. Sometimes a client won’t pay their accountant. CAMICO has years of experience helping its CPA policyholders recover fees. This post will explain some of the ways you can try to get your money.
Disengagement
The best way to avoid having a collection problem is to communicate your billing and collection policies in your engagement letter, including stop-work and/or disengagement provisions that can be enforced if a client doesn’t pay you in accordance with the engagement letter.
13
Apr
What to do if my client gets divorced
Divorce can be a highly charged situation for CPAs, especially when one accountant represents both parties in a divorce. CAMICO has more than 30 years’ experience handling such situations. These are some of our best practices for CPAs with divorcing clients.
Representing both sides in a divorce is a potential conflict of interest
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Latest Articles
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16 May
CPA-to-Lender ‘Comfort’ Letters
Complying with requests from banks and other lenders for assurances regarding clients' financial strength could put CPAs and their licenses at significant risk.
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22 Apr
Post-tax season tip: Why and how to disengage
Client screening is an important practice management tool and is the first step in an effective loss prevention program. It can also be us... read more -
06 Mar
Tax professionals urged to increase cyber vigilance as tax season heats up
CAMICO claims experience shows that cybercriminals tend to step up their attacks in late March and early April as tax profes... read more -
05 Feb
Five reasons why CPAs believe they will never be sued
CPAs generally take every precaution feasible to ensure error-free work, but that may not be enough to ensure a firm's security. In our litigious society, it's wise to be prepared for that unexpected bump in the road. To help put this in perspective, here are five common reasons why CPAs d... read more