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.