We now offer special Errors and Omissions Insurance for Tax Preparers. We recommend that you purchase this coverage for your business. Oftentimes a small mistake can wipe out your profit for an entire season.

This policy covers claims made by your clients and legal fees incurred in defense of alleged errors and omissions, up to the policy limit. The policy covers both your full and part-time employees, even if they only work during the tax season.

Don't take a chance! Whent he pressure's on, mistakes can be costly. Complete the application, and return it to us today. We're glad to be able to provide this valuable protection to you.

Claims and lawsuits against tax preparers are becoming more prevalent; even the most careful tax preparers can get sued. To apply, simply complete the application, and return it to us today.

Tax Preparers' Errors & Omissions Insurance Rates (Annual Premium)
Number of Employees	$10,000 Single $20,000 Aggregate	$25,000 Single $50,000 Aggregate	$50,000 Single $100,000 Aggregate	$100,000 Single $200,000 Aggregate
1-3	$182	$363	$556	$737
4	226	451	686	909
5	270	539	817	1,086
6	314	627	947	1.260
7	358	715	1,078	1,434
8	402	803	1,209	1,608
Each additional	$44	$88	$131	$174

 

Tax Preparer's Errors & Omissions Insurance (Discounts)

Enrolled Agent 0.9 factor

Tax Preparer 0.9 factor

Association Member

Enrolled Agent and 0.85 factor

Association Member

 

Tax Preparer's Errors & Omissions Insurance (Additional Coverage Options)
	$10,000 single/$20,000 aggregate	$25,000/$50,000	$50,000/$100,000	$100,000/$200,000
1 Year Retroactive	complimentary	complimentary	complimentary	complimentary
2 Year Retroactive	$125	$250	$375	$500
Bookkeeping	1-10%	1.15 factor
	11-25%	1.25 factor
	25%+	1.33 factor
Extended Reporting	.0.5 factor	0.5 factor	0.5 factor	0.5 factor