Documentation Tips for the End of Tax Season

CPAs are considered to be experts in documentation by jurors (who are members of the public), and falling short of that expectation when faced with a liability lawsuit may be viewed by the public as negligent and below the standard of care for the services rendered.

The following are some documentation tips to follow for tax season:

    Pages

    Latest Articles

    • 02 Oct

      Navigating Complex Conflicts of Interest

      While potential "conflict of interest" issues often arise because of married clients getting a divorce, other types of "splits" that may involve a dispute among shareholders, LLC members, partners and beneficiaries also present potential conflict-of-interest situations. The latter scenario... read more

    • 19 Aug

      Do You Believe You Will Never Be Sued?

      Some CPAs believe that they will never be sued and therefore believe they do not need professional liability or other forms of insurance. The reasons for this position vary, but some common ones include, "I don't make mistakes," "All of my clients are friends," or "I do tax work only." The... read more

    • 27 Jul

      Exclusive Policyholder Benefits

      Risk management services and resources to help you with today's practice challenges

      CAMICO knows that insurance alone is not a solution for reducing risks. That's why you have access to CAMICO’s proven approaches that have helped numerous CPA firms manage risk and avoid claims.... read more