The mission of Protection Plus is to be the company all taxpayers turn to when faced with the fear and anxiety of a tax audit.
Unlike our 'App Aware' articles that focus on specific Apps which may benefit you or your practice, Insightful Accountant's Ecosystem Enlightenment features provide our readers with information about service offerings that may benefit their accounting, bookkeeping, consulting, ProAdvisor and tax practices.
Protection Plus understands how stressful tax notices, audits, and identity theft issues can be—for both tax professionals and their clients. That's why they are ready to help.
Whether it's handling a simple notice, navigating a tough audit, or resolving an identity theft case, their team of experts is ready to make the process of resolution smoother. They also offer business insurance options to help tax professionals protect their practice from the unexpected.
You can think of Protection Plus as the "go-to resource: for tax resolution. They stand ready to make life easier for taxpayers and tax accountants to achieve the best outcome when tax issues arise.
For tax and accounting professionals, partnering with Protection Plus is like adding a 'Tax Defense Department' to your own firm. When you partner with Protection Plus, you'll have access to an entire tax audit defense department you can rely on.
If your client receives a tax notice, Protection Plus will handle it. If you have a client needing representation for a full-blown audit, Protection Plus will handle that as well. It doesn't matter what tax notice, audit, or tax authority inquiry your clients receive; Tax Protection Plus stands ready to handle it.
From a marketing standpoint, partnering with Protection Plus gives your tax or accounting firm a competitive edge. Your clients know they have a tax or accounting professional they can rely on to prepare and file their taxes, but they will also know that if any issues arise from the IRS or state taxing agency, they are protected with up to $ 1 million in Tax Audit Defense through Tax Protection Plus.
And should one of your clients receive any type of tax notice from either the IRS or state taxing agency, Protection Plus will take on the responsibility of investigating and resolving that notice on behalf of your clients. And Tax Protection Plus can work either behind the scenes as you manage communications with your clients, or it can work one-on-one with your clients so you can get back to growing your tax or accounting firm.
The Protection Plus Case Process from Notice to Resolution (Illustration source: Protection Plus)
You don't have to be in the middle, unless you choose to. When your client receives a notice from the IRS or state taxing authority, they send it to Protection Plus. The Protection Plus team of EAs and CPAs work to reach the best possible resolution, handling communications every step of the way through what would usually be a stressful process.
Protection Plus offers two different plans for your firm, allowing you to decide if their coverage is an included benefit of your tax services, or an add-on service for any tax return. Their Firm-Level Plan includes the $1-Million Tax Audit Defense for every tax return your firm prepares. Their Per-Return Plan gives your clients the option to add Protection Plus to their 1040 tax returns.
The Protection Plus Dashboard (Illustration source: Protection Plus)
Recently, Insightful Accountant's own Christine Gervais, the Editor of Tax Practice News, underscored the value of Tax Protection Plus: Even if I know it's a simple fix, the client could get three more notices before the IRS responds. The stress for them — and the hours for us — add up quickly. Honestly, the price of this service is worth it just for the time it saves."
These are just a few of the benefits associated with working with Protection Plus for tax issue investigation and resolution:
For more information, reach out to Protection Plus.See their Partner webpage for more details on working with Protection Plus. You can also access Protection Plus' free WISP tool at this exclusive webpage. You can also watch the full replay of the Protection Plus App Academy session to see how firms are expanding their service mix with audit support.
Footnotes and Disclosures:
Footnotes:
* - Availability varies based on software used for tax preparation. Subject to terms, conditions, limitations, and exclusions outlined in the Protection Plus Terms and Conditions.
Disclosures:
Content herein is based on information submitted by the developer, Protection Plus. Additional content adapted from information obtained from the developer's website and content therein.
Protection Plus is a service of Tax Protection Plus, LLC headquartered at 221 Executive Park Blvd., Winston-Salem, North Carolina 27103.
Protection Plus, ProtectionPlus "Think Beyond the Return", and ProtectionPlus $1 MILLION Tax Protection, are registered trademarks of Tax Protection Plus, LLC.
Any other trade names or references used herein may refer to registered, trademarked, or copyrighted materials held by their respective owners; they are included in the content for informational and educational purposes only.
Insightful Accountant provides Ecosystem Enlightenment features as a courtesy to accounting ecosystem services and service providers, as information resources for our readers. All information provides is for educational and informational purposes only. This is an editorial feature, not sponsored content. No vendor associated with this article has paid Insightful Accountant or the author any form of remuneration to be included within this feature. The article is provided solely for informational and educational purposes.
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