CAMICO's past experience shows that after tax season many CPAs have fee collection problems with clients. CAMICO's Loss Prevention team has developed a series of letters that you can send to non-paying clients to help address the issue. These letters are designed to help:

    • Acknowledge the value of the client relationship
    • Remind the client of the expectations regarding payment of fees
    • Address any client concerns regarding fees or the work performed
    • Document any stop work and/or implications to future services
    • Define the next steps in the collection effofts

Additionally, CPAs learn a lot about clients during tax season, which is why now is also a good time to screen clients for future problems. The CAMICO Template Pack contains a Post Tax Season Checklist to help you decide if it is time to disengage from a certain client. Also included are sample disengagement letters to help you get a head-start on the process. Done effectively, disengagement can leave your client feeling that you acted in the best interest of both parties.

Note: This is just a small sampling of what CAMICO's Loss Prevention Department provides to our policyholders every year. We also offer comprehensive advice and support throughout the disengagement process.

Download this valuable Template Pack today, by completing the form to the right and receive a no-obligation premium estimate from CAMICO. It's that simple!

CAMICO's CPA-specific policyholder benefits:

For over 27 years, CAMICO has been dedicated to the security and success of CPAs like you. In addition to robust professional liability insurance, policyholders get invaluable insight into risk management by having access to CAMICO's Loss Prevention experts and their years of experience. Benefit from the insurance program designed by CPAs for CPAs:

    • CPA advisory hotlines
    • Engagement letter review
    • Tax guidance
    • Education, training and online CPE opportunities
    • Early intervention, evaluation and resolution of potential liability risks
    • And much more!

Consider this: The average firm uses CAMICO's exclusive resources 12 times per year. Estimating 12 hours of resources at $220/hour, this can result in $2,640 in savings for your firm.

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Download Your  Letters, Receive More Information and a Non-Binding Premium Estimate
                           
First Name:
Last Name:
Firm Name:
Address:
City:
State/ZIP:
Phone:
Fax:
Email:
Annual Billings:*$
Date Firm was Established* mm/dd/yyyy

Scope of Practice:
Tax Preparation/Planning: %
Audit: %
Review/Compilation: %
Bookkeeping/Write-Up: %
Consulting: %
Special Services: %
Other: %

Staff Size:
a) Number of full-time proprietors, partners & owners:
b) Number of CPAs (excluding those listed above):
c) Number of all other staff (including administrative support and clerical staff):
d) Number of part-time equivalent employees (total part-time hours during past 12 months divided by 2080):
Total Staff: 

Does your firm currently have professional liability insurance coverage?*
YesNo
Has your firm carried professional liability insurance during the past 5 years?*
YesNo
a) Current professional liability insurance coverage details:
Insurance Company: 
Limits of Liability: $
Deductible: $
Annual Premium: $
b) Date Current Policy Expires:*  mm/dd/yyyy
c) Retroactive/Prior Acts Date:  mm/dd/yyyy

Has your firm had a professional liability claim in the last 5 years?* 
YesNo
Does your firm currently have employment practices liability insurance coverage?* 
YesNo
 
 

CAMICO has been proudly supporting CPAs since 1986