Chris Farrell

Hosts Brian Tankersley, CPA, and Randy Johnston review Liscio, a client experience platform that centralizes communication, document collection, and task management for accounting firms.

Cyber insurance is now one of the most expensive lines on a firms’ business insurance policy.

By now, most tax preparers are aware they need to comply with the FTC Safeguards Rule and IRS Publication 4557.  Failure to do so could result in stiff penalties.

It only takes one breach to destroy a firm’s good reputation, and breaches are stressful and costly to remediate.  Plus, most firms cannot afford the possible FTC penalties for non-compliance.

Practitioners who fall under the ruling may be subject to an investigation by the FTC which could result in steep penalties and fines for not complying - up to $43,000 per day.

According to the Pew Research Center, millennials became the largest generation in the labor force in 2016. For professional services firms that plan on staying in business after their senior leadership retires, attracting and connecting with ...