This is a notice for site visitors.
This is a notice for site visitors
ssAdmin CAMICO’s first interactive War Stories, published in IMPACTs 100 and 101, have drawn largely positive responses from readers who provided feedback on the quizzes. Thank you for responding. We encourage you to continue to give us feedback about how we’re doing. About one-third of those who took the quizzes provided feedback. Of those, 86% posted … Read more
CAMICO has been advising CPAs on fee issues for 28 years, and claims experience over that time has shown that suing clients for fees almost always prompts a cross complaint for malpractice. This in effect escalates a simple fee dispute to a professional liability lawsuit. Further, lawsuits and counter-suits almost always result in the CPA … Read more
If there was ever any doubt about the importance of data security, consider that the total number of breaches does not appear to be slowing down in the least. Since 2005, the total number has grown from about 580 million records in 2011 to about 870 million in 2014, and more than 250 million of … Read more
Social media has contributed to the blurring of boundaries between work lives and personal lives, partly because social media sites are open to both personal and work-related content, which can be posted from home computers as well as work computers. Social media policies have been developed by employers to clarify acceptable and unacceptable communications and … Read more
CAMICO has seen an uptick in calls from policyholders reporting that clients are receiving scam calls from individuals claiming to be Internal Revenue Service (IRS) agents or Criminal Investigation Division (CID) agents. These scam calls are designed to get the taxpayers to respond and to divulge personal identity information. This scam is incredibly simple and … Read more
Revised final regulations governing practice before the Internal Revenue Service (IRS) took effect June 12, 2014. The regulations impact individuals who practice before the IRS and modify the standards governing written advice and other related provisions of the regulations. Most of the changes to Circular 230 are indeed welcome news for CPAs. The final regulations … Read more