Blog | Page 15 | CAMICO®

27 Jul

In Memoriam: Tag Wilson

Tag Wilson, a dedicated CAMICO claims team member, passed away unexpectedly in February 2020. Tag had been with CAMICO since 2001 and was a passionate advocate on behalf of CPAs. With more than 35 years of claims handling experience, he managed some of CAMICO's most complex and significant exposure cases and took the lead in managing panel counsel relationships on behalf of CAMICO.

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27 Jul

Combat Cyber Threats with Better Awareness Training

by Joseph E. Brunsman, MSL

It should come as no surprise that, as large aggregators of sensitive client data, CPA firms are primary targets for cyber criminals. While breaches and ransomware events at large firms and businesses make for enticing headlines, small and midsized firms should not get a false sense of "security by obscurity."

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27 Jul

Remote Work Creating More Hacker and Malware Opportunities

As a result of the COVID-19 pandemic, working remotely has opened new potential access points and vulnerabilities that hackers are exploiting. CPA firms are already prime targets for identity thieves, and these new vulnerabilities exacerbate the profession's cyber-related challenges.

Since April 2020, 13 CAMICO policyholders have reported data breaches that in aggregate resulted in the hackers filing over 300 fraudulent income tax returns through the CPAs' tax software. Now, more than ever, data security is an urgent concern for the accounting profession.

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Latest Articles

18 Jan

Industry News: Do you know when taxpayers are likely to receive their 2021 income tax refunds?

When Will You Get Your 2021 Income Tax Refund?

This chart shows an estimated date for when you may receive your refund: The Covid stimulus payments you... read more
08 Jan

Taxpayer Filing Requirements for Foreign Accounts

If your client has a financial interest in, or signature authority over, any foreign accounts, certain filing requirements with the U.S. Department of the Treasury, in addition to the Internal Revenue Service (IRS) may apply. Filing requirements may also apply to taxpayers that have direct... read more
08 Jan

CAMICO eAlert: Consolidated Appropriations Act of 2021

January 7, 2021
Overview
The Consolidated Appropriations Act of 2021 (referred to as the "COVID-19 Relief Bill" or "Act") signed into law by the president on December 27, 2020, is the latest round of stimulus legislation. With more than 5,000 pages, the Act m... read more
07 Jan

Industry News: What are the six pitfalls to avoid when adding financial planning to your firm’s offerings?

Avoid These Pitfalls When Adding Financial Planning Services to Your Firm’s Offerings

There are several structures for adding financial planning services to your firm’s current services. For example, you can handle everything in-house or partner with a financial pl... read more

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In Memoriam: Tag Wilson

Combat Cyber Threats with Better Awareness Training

Remote Work Creating More Hacker and Malware Opportunities

Pages

Latest Articles

Industry News: Do you know when taxpayers are likely to receive their 2021 income tax refunds?

When Will You Get Your 2021 Income Tax Refund?

Taxpayer Filing Requirements for Foreign Accounts

CAMICO eAlert: Consolidated Appropriations Act of 2021

Overview

Industry News: What are the six pitfalls to avoid when adding financial planning to your firm’s offerings?

Avoid These Pitfalls When Adding Financial Planning Services to Your Firm’s Offerings

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