What Is A Tax Preparer Bond?
A tax preparer has a great deal of responsibility in their hands. This person will see and handle the finances and tax documents for clients on a regular basis. Because a tax preparer does have access to sensitive information, they may need to apply for a tax preparer bond. This bond is a surety bond indicating that the tax preparer will not defraud their clients, make use of unethical methods in tax preparation, or do anything that could cause harm to their clients.
As a tax preparer, you need to give your clients peace of mind, and this is the purpose of the tax preparer bond. By qualifying for this bond, you are proving to clients that you have no history of unethical business. Additionally, you are letting your clients know that they have a course of action should you do something unethical, illegal, or damaging to them.
Ox Bonding offers professional services so that you can apply for and obtain the tax preparer bond that you need.