As millions of businesses and individual owners compile their annual numbers, it’s important to remember: even careful tax preparers can make mistakes. Tax Preparers’ Errors & Omissions Insurance is an affordable way for tax preparers to protect themselves from the consequences of IRS penalties and corresponding legal action.
A policy starts at only $154.70 annually ($10,000 single loss/$20,000 annual aggregate). Please contact our office for available limits and coverage options.
OUR TAX PREPARERS’ POLICIES:
- Cover tax preparers and their clients up to the policy limit.
- Cover defense costs (subject to policy limitations).
- Cover both full-time and part-time employees, even if they only work during tax season.
- Include one year complimentary retroactive coverage with the option to buy a second year of retroactive coverage.
- Offer the option for bookkeeping coverage to extend protections beyond tax work.
- Allow discounts for Enrolled Agents and members of a Tax Preparer Association.
Applying for coverage is fast and easy. Simply complete and return the one page application: