Professional Liability Archives | Huntersure

Preventing Professional Liability Lawsuits

Posted on: July 16, 2020 by Huntersure LLC.

Management consultants, consulting firms, and market researchers are tasked with bringing their client’s business strategy to the next level. But even professional consultants with years of experience may not be able to predict things like missed revenue numbers, unexpected costs, and problems with executing their strategy in some way. When variables like these arise, a client […] Read More

Anticipated Problems for the 2020 Tax Season

Posted on: March 5, 2020 by Huntersure LLC.

The 2020 tax season is officially here, which means it’s the perfect time to go over certain hiccups that could occur in the process of filing taxes. No one wants to get hit with a fine or notice of audit, so being on top of what to expect when filing and what to look out […] Read More

Recent Factors Affecting Professional Liability Claims and Costs

Posted on: September 5, 2019 by Huntersure LLC.

There are a number of factors that play a role in professional liability risk insurance. From economic issues to nationwide litigation trends, the professional liability insurance market can change at the drop of a hat. In 2019, financial and professional liability insurance rates in the U.S. increased by seven percent and will probably continue to […] Read More

Two Big Challenges with Prior Acts Coverage

Posted on: August 8, 2019 by Huntersure LLC.

A difficult concept for purchasers of professional liability insurance is what prior acts coverage refers to as well as claims-made policies. A negligence claim against a lawyer or any other type of professional, such as an accountant, typically evolves from services that were provided many years before the time of the claim. With this in […] Read More

Refocusing Accountant Efforts on Fraud Detection

Posted on: May 16, 2019 by Huntersure LLC.

Fraud is on the rise all across the country and across many industries. From personal tax returns to companies taking advantage of their clients, fraud continues to be a major issue. In New York, there are already efforts to combat fraud in state taxes, meaning the alarm bells for fraud, in general, are already sounding. […] Read More

Today’s Top Challenges for Accounting Firms

Posted on: May 9, 2019 by Huntersure LLC.

Tax season is in full force and accountants all over are taking care of returns for clients and companies, making sure they get everything checked off to avoid discrepancies. But outside of the annual tax duties that accountants face there are still a number of responsibilities they carry throughout the rest of the year. The […] Read More

The Most Important Topics for Accountants to Discuss With Their Clients

Posted on: May 2, 2019 by Huntersure LLC.

Accountants have a very important job during tax time, but that doesn’t mean they should slack in their relationship with their clients throughout the rest of the year. It’s important for accounting professionals to keep open communications with their clients through the entire year and know how to prioritize the topics in which they go […] Read More

Understanding the Guidelines of Attorney Professional Responsibility

Posted on: April 4, 2019 by Huntersure LLC.

Lawyers who represent any and every industry across the United States all take on a set of expected responsibilities that pertain to their role as a legal representative. Clients expect their lawyer to adhere to certain methods and responsibilities to keep transparency open and expectations of their legal issues discussed. Lawyers are required by their […] Read More

Why Prior Acts Coverage is Beneficial for Accounting Firms

Posted on: February 14, 2019 by Huntersure LLC.

There are many liabilities that accounting firms face every day and when it’s tax season, those liabilities become even more serious. From errors and omissions to seemingly simple mistakes to a complete system breakdown within the firm, the role of an accounting firm and its accounting professionals that help keep is based on meticulousness and […] Read More

What CPAs Can Do to Prepare for the 2019 Tax Season

Posted on: February 7, 2019 by Huntersure LLC.

Tax season 2019 has officially landed and people and businesses are starting to get their filing done. With systems like Turbo Tax and H&R Block online, tax filing is quicker, easier and cheaper in some cases. But while people are choosing to go the digital route for filing their taxes, CPAs are still handling the […] Read More