PFA Offers Special Errors & Omissions Insurance

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PFA Offers Special Errors & Omissions Insurance

It’s that crazy time of year again: Tax season. With the tax deadline getting closer and closer, it’s both the busiest time of the year for most accountants, CPAs, and other tax practitioners and the time of year when your clients rely most heavily on your professionalism, knowledge, and due diligence. Yet it’s also the time of year when mistakes can happen. When they do, it can be costly for you and your business.

That’s why we’re here to help you protect your business and ensure your success. The team at PFA now offers special Errors and Omissions Insurance for Tax Preparers. It’s a coverage that we strongly recommend that you purchase for your business, to give you the peace of mind that you won’t be putting your hard-earned fees and profits at risk. Having this insurance is also a stress-buster for your practice since claims and lawsuits against tax preparers are becoming more prevalent. Even the most careful tax preparers can be exposed to legal action these days.

To protect you and your practice, the Errors & Omissions Insurance for Tax Preparers 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-time and part-time employees, even if they only work during the tax season. The deductible on this policy is a reasonable $250 single/$500 aggregate per year.

When the pressure’s on, mistakes can be costly. Yet it doesn’t have to be. Don’t take the unnecessary risk of being exposed. Consider our Errors and Omissions Insurance for Tax Preparers today. We’ve put together an application for your E&O coverage as well as the Tax Preparer bond to get you started: Please complete and return the Short Form Indemnity Application by email today. Application LINK Here.

On behalf of the team at PFA, we’re convinced this is valuable protection for you and we know that we can make a difference by serving you during this most important time of your annual business cycle.

Email us at or give us a call at 1-800-595-2615 and we’ll answer any questions you might have.