Navigating Tax Season: The Importance of Accountants Professional Liability Insurance

Posted on: March 20, 2024 by Huntersure

As tax season approaches, accountants face a whirlwind of challenges, from navigating complex tax laws to managing heightened client expectations. In an industry where a single error or oversight can have far-reaching consequences, accountants must prioritize risk mitigation to safeguard their careers and reputations. Accountants professional liability serves as a safety net, providing financial protection against […] Read More

5 Trends to Expect for Accounting in 2020

Posted on: January 9, 2020 by Huntersure

There are a number of industries that have been able to operate steadily without too much change, no matter the trends around them. One is the accounting field, which has operated on tried and true methods over the years. But, like practically every industry around it, accounting is set for major changes heading into the […] Read More

Everything Accountants Should Do Before the Year Ends

Posted on: December 5, 2019 by Huntersure

With the holidays settling in and another year coming to an end, accounting professionals should be looking to finish the year off on a good note by avoiding different risks and liabilities that can creep up. From taking care of spreadsheets to buttoning up invoices, accountants have a lot to take care of in order […] Read More

4 Ways Accounting Clients Can Improve Their Business Communications

Posted on: October 10, 2019 by Huntersure

Accountants and financial advisors have great attention to detail and an ability to analyze numbers and find solutions. While these great technical skills are enviable in their trade, it’s the softer skills, such as communications, that may need some sharpening. Business communication for accountants can always be revisited and fine-tuned as some CPAs struggle with […] Read More

Accountant Liability: The Legal Definition

Posted on: August 22, 2019 by Huntersure

Accountants have a lot on their plate during tax season, but in reality, their work never really ends. And when it comes to dealing with a company’s taxes or someone’s personal financial information, there is plenty of room for mistakes to be made. An accountant’s liability describes the legal liability assumed while an accountant performs […] Read More

The Main Legal Liabilities of Auditors

Posted on: July 25, 2019 by Huntersure

Every year, tax professionals gear up for a lively financial season that starts in January and carries on through the summer when most people choose to begin making their tax payments. For auditors, the entire year is basically one big tax season, so concerns about legal liability and their responsibilities can virtually be under the […] Read More

Today’s Top Challenges for Accounting Firms

Posted on: May 9, 2019 by Huntersure

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 Legal Duties and Liabilities of Accountants

Posted on: January 10, 2019 by Huntersure

Tax season is just about to get underway and accountants are already preparing for another busy season. While there may be a lot of things to get in order, such as all the relevant files and coordination with clients, there needs to be an emphasis on understanding the liabilities and duties of an accountant to […] Read More