This is a notice for site visitors.
This is a notice for site visitors
CAMICO has been developing solutions for CPA professional liability problems for more than 35 years, and tax season has always been a major part of that activity. The use of engagement letters for non-audit work, including tax engagements, was pioneered by CAMICO as an effective way to help document the CPA’s understanding with the client. … Read more
Mike Ray joined CAMICO as Chief Financial Officer (CFO) on Feb. 20, 2023. In this role, Ray oversees all finance functions of CAMICO and its subsidiaries. Ray is a CPA, previously with PricewaterhouseCoopers (PwC), and for the past 22 years served … Read more
CPA liability exposures during tax season are always a concern. However, liability exposures during this tax season are even more exacerbated given the added complexities with increased economic and tax-specific relief measures. As a reminder, here are some actions that practitioners can take to successfully manage risk exposures. Defensive documentation is essential to successfully manage … Read more
CAMICO is pleased to announce that we have entered into a relationship with Zywave, our strategic partner, to offer qualifying policyholders access to a comprehensive cyber solution platform offering cyber-related assessments; training opportunities, policies and procedures, a phishing test and access to cyber experts via their advice hotline. The new platform’s anticipated go-live is scheduled … Read more
Topic: Voluntary PaymentsServices: Tax Return Prep, Submission Claim 1: Peter Thompson of A6 Accounting Services received a letter from the state of Michigan advising him that an audit had been performed on his client’s 2021 tax return, and that penalties of $2,888 and interest of $11,679 were assessed. Thompson’s client owns a boat rental company … Read more
Outsourcing is a hot topic right now for the profession as CPA firms struggle with staffing constraints. Current challenges associated with firms attracting and retaining talent are expansive and include issues such as staffing qualified professionals for complex engagements, employee burnout, unrealistic and “heavy” workloads, as well as limitations on the ability to maintain and … Read more
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800.652.1772 / 650.378.6800 / inquiry@camico.com
CAMICO Services, Inc. dba CAMICO Insurance Services, CA License #0C09618. CAMICO Mutual Insurance Company, (Rated A- (Excellent) by AM Best) San Mateo, CA, domiciled in California is licensed in all states and the District of Columbia, NAIC #36340. Copyright © 2024 CAMICO. All rights reserved. Website design by StyleSite.