Special Errors & Omissions

Protect your business with Special Errors & Omissions insurance. Tailored solutions to safeguard against professional liabilities.

December 9, 2022

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 […]
December 30, 2020

Be Prepared to Pivot in 2021

As we said last year at that this time, failing to plan is planning to fail. Very few businesses can grow – let alone sustain themselves – without being well-organized and well-structured to achieve your priorities in any given year. Strategic and tactical planning have never been as important as they are going into 2021, where having some security in the face of continued uncertainty on several fronts is something to build on for Freight Brokers, Motor Carriers and others in the transportation sector. Being organized is the key to planning to do some new things in 2021. Sometimes, even a small shift can mean new business. You’ve probably been thinking about a few new opportunities over the last few months; now is the time to get serious and make them happen. A prominent question on the minds of many Freight Brokers is a simple one: What can increase business? […]
September 14, 2016

Update on the FMCSA’s URS Implementation

Unified Registration System Implementation The FMCSA recently announced a three-month extension of the Unified Registration System (URS) effective date until January 14, 2017, with a new full compliance date of April 14, 2017. We posed some questions to our sources at the FMCSA and received helpful information: 1. The FMCSA website states that URS rule compliance applies to freight brokers and freight forwarders. If this is the case, how does an existing entity (not in the URS) update their information into the URS? When URS goes live, existing entities will be able to access URS via their portal accounts, similar to how they access MICMIS and L&I now. Until URS goes live, existing entities update their information via our legacy processes: 2. What action (if any) is required of brokers who have an MC number and a DOT number, but have no changes to make in their information? Is there […]