War Story 107: Potential Data Breach, Tax Services

Al Jones, a staff member of the CPA firm Smith & Smith CPAs, was in the middle of replying to email messages at the office when he clicked a link and a small pop-up “Security” screen required his password in order for him to continue. Jones entered his password and continued reading his email. He … Read more

Policyholder Partner Wins ACE Administrator Award

Jeanie Price, AAAPM, a partner of DeLeon & Stang Certified Public Accountants and Advisors, received the prestigious ACE Administrator Award from the CPA Firm Management Association (CPAFMA) at the association’s annual conference in Baltimore on June 29. “It is a huge honor to receive this award,” stated Price. “I am grateful for the support that … Read more

Hackers stealing tax refunds

Be sure to verify that changes in bank account numbers are legitimate when e-filing tax returns. Hackers will send fraudulent email messages with bank account numbers different from the legitimate client account numbers in an attempt to divert tax refunds into their own accounts. A common spoofing technique involves the hacker’s email address being just … Read more

First- and Third-Party Cyber Coverage from CAMICO

First-Party Coverage* CAMICO Mutual Insurance (CMI): CyberCPASM, Endorsement PL-1045-A, adds four first-party cyber coverages; $50,000 and $100,000 limits options; optional endorsement. Breach Response Costs Notification Expenses: legal expenses, computer forensic and investigation fees, public relations expenses, postage expenses, advertising expenses. Breach Support and Credit Monitoring Expenses: credit file monitoring and identity theft education and assistance … Read more

CPA Mobility Issues and How CAMICO Helps

CPA mobility, or interstate practice, allows licensed CPAs to practice across state and jurisdictional lines as long as the CPAs are in good standing in their principal jurisdiction and meet “substantial equivalency” criteria. The website www.CPAmobility.org is a useful resource maintained by the National Association of State Boards of Accountancy (NASBA) and developed by NASBA … Read more

Carmen Aguiar Elected to CAMICO Board of Directors

Carmen J. Aguiar, CPA, was elected to the CAMICO Board of Directors at the company’s Annual Meeting on June 14, 2016. Ms. Aguiar is the chief executive officer and founder of The Aguiar Group, located in Bellevue, WA. The multi-lingual firm offers tax, financial accounting, and consulting services to individuals, families, entrepreneurs, and small businesses. … Read more