What Can a Tax Preparer Be Held Liable For?
Facing a lawsuit is a tax preparer’s worst nightmare. They’re costly and time-consuming. Unfortunately, even the most meticulous preparer may face a lawsuit at some point in their career. Any tax return mistake, no matter how small, could result in legal action. A particularly litigious client could sue you, even if you believe your work…
Read MoreTax Preparer Insurance 101
Tax preparation is complex and many Americans hire a professional tax preparer to take the process off their hands. As one of these tax preparers, the complexity of taxes means job security for you. However, it also means more room for mistakes and liability. Your clients expect you to be up-to-date on tax law and…
Read MoreInsurance for Bookkeepers: A Complete Guide
Bookkeeping is a vital, essential practice. From basic checkbook balancing at home to the various branches of professional accounting, the creation and maintenance of accurate records is both what keeps individuals and businesses afloat and what enables them to grow. Professional bookkeeping, especially, is more than just a business—it’s a pillar of society. Professional bookkeepers…
Read MoreWhat is Liability Insurance for Bookkeepers?
As a bookkeeper, whether you own a bookkeeping business or offer your services as a freelancer, you’re someone who provides an essential and professional service for other individuals and businesses. The work you do to prepare and maintain others’ records goes a long way toward ensuring their security and prosperity. Any one individual’s or business’s…
Read MoreA Guide to Medical Staffing Insurance
Safe employee staffing is important in any professional setting, but it’s especially vital for the medical field. If you’re a medical staffer, your company runs the risk of being held accountable for the mistakes of the healthcare professionals and nurse practitioners you place in a job. To protect yourself and your agency, you need medical…
Read MoreDeveloping an Effective Risk Management Plan
When problems arise mid-project, it generally isn’t due to some unforeseen, unavoidable circumstance, but rather to a misstep or series of missteps that could have been avoided with proper planning. That, in essence, is the risk management definition (by Oxford Dictionary): “the forecasting and evaluation of financial risks together with the identification of procedures to…
Read MoreAll You Need to Know About Therapist Insurance
As a therapist you help people cope with the stresses of their past, present, and future life. You offer methods and techniques that allow your patients to gain insight into their own minds and develop a sense of control. In the same way that you offer safeguards to the psyche, you need to create safeguards…
Read MoreWhat is Malpractice Insurance for Counselors?
Words have power. Counselors know this intrinsically, considering they use their words (and the words of their clients) to diagnose, treat, heal, and develop safeguards for their clients’ mental health. Improved mental well-being is a journey, one filled with many counseling sessions, discussions, and words of advice. What happens when some of these words have…
Read MoreBenefits of Therapist Liability Insurance
Working as a therapist is an incredibly rewarding job, but having a career in mental health poses certain risks that make therapist insurance a necessity. While the highly personal, emotionally-charged nature of the mental health industry is what makes therapy successful, being involved in a subjective business means there’s a lot of gray area for…
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