The tax season places heavy demands on tax preparers and because many tax preparers also perform bookkeeping services, there is added pressure when meeting last minute deadlines.  It's easy to make mistakes, and the most careful preparers can still face legal action.  Even in an unjustified case, defense fees can wipe out an entire season of profits.   Our Tax Preparer's Errors & Omissions protects against honest mistakes and with the new optional bookkeeping coverage, preparers can obtain additional protection for bookkeeping errors, and the policy provides defense costs up to the policy limit.
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