6: STANDARDS RELATING TO TAXPAYER ERRORS AND OMISSIONS TAX RETURN PREPARERS GENERALLY REVIEW prior-year tax returns in preparing the current-year tax return for new and existing clients.
What does E&O stand for?
E&O stands for Errors and Omissions (insurance)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of E&O
We have 1 other meaning of E&O in our Acronym Attic
- Etna & Montrose Railroad
- Evaluation & Management
- Engineering & Manufacturing Development
- Elevator and Material Handling (Support Division; AMSEC)
- Engineering Mining Journal
- Electrical and Mechanical Optical
- Escalation & Notification (communication problem management)
- Eastern & Oriental Express Train
- Education and Outreach
- Engineering and Operations
Samples in periodicals archive:
Allstate case, and others like it, are examples of the kind of legal action that could trigger errors and omissions insurance claims from independent insurance agents in Katrina-affected areas.
The new plan, MediKey [SM], takes the guesswork out of coding and protects earnings with special low-cost Billing Errors and Omissions (E&O) insurance, available to healthcare providers and facilities that enroll in the compliance plan.
The proposed bill would exact penalties of 50 percent of the amount of the corporate tax understatement from corporate employees for simple errors and omissions shown on their employers' income and excise tax returns.
For instance, outsourcing jobs can lead to an employment practices liability lawsuit alleging discrimination and/or wrongful termination, and an expansion of products or services can increase a company's risk of an errors and omissions lawsuit.
CalSurance, a national insurance sales, service and support company, has enhanced its specialized errors and omissions program for broker-dealers with less than 75 brokers, the company said.