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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 problem with this approach is that it is not effective risk management and could put even the most cautious CPA firm at risk.
At this point in tax season, it's important to prepare invoices and collect payments in a manner that results in getting paid on time and in full, ideally without disputes. Problems arising from billing and collection practices often arise, but by taking a few basic steps, many of which sh... read more
Dark Horse Disrupts Traditional CPA Firm Model with New Principal Accelerator Program
Dark Horse CPAs, a top accounting and tax firm serving small businesses and individuals across the nation, has created a first of its kind business model that puts the CPA in the driver seat and... read more
Lawmakers in Georgia are looking to extend the state’s sales and use tax to digital goods and services. If House Bill 594 is enacted as written, audiovisual works, electronic books, video games, and a host of other digital produc... read more
Get Off the Hackers' Hit List: Evolving Competencies for Finance Firms Today
CPA practices, accounting firms and financial services organizations are increasingly wise to the ways of cybercriminals. They're proactively partnering with IT and business leaders to take preventa... read more