Background checks are administered for every Tax Pro wishing to utilize the Taxfyle Platform. All professionals are required to provide valid government issued photo identification, maintain an active CPA license or Enrolled Agent designation, a PTIN that is current for the relevant filing period, and an EFIN that is under their name or that of their practice. Our procedures ensure there are no outstanding disciplinary actions against you. We verify you have passed the IRS's suitability check which includes a credit check, tax compliance check, a criminal background check, and a check for prior non-compliance with IRS e-file requirements. Once adequate proof is obtained to verify your credentials, the management team will send you a welcome email with a link to the Pro Portal.
Each Tax Pro is responsible for maintaining the proper amount of CPE credits needed to renew their license. Taxfyle will revoke your Pro Portal access immediately if not updated on the status of your CPA license or Enrolled Agent designation upon its anticipated expiration. Similarly, each Tax Pro must renew their PTIN for the active season if they wish to collect jobs with Taxfyle, whether tax specific or not. Although not explicitly required to join the platform, it’s recommended that each Tax Pro obtain Errors & Omissions (‘E&O’) insurance to protect against liability in the event of a dispute.
It’s mandatory that all Tax Pros engaged with Taxfyle create a Stripe account to collect their earnings for jobs completed within the platform. To create an account, please visit https://dashboard.stripe.com/register. Stripe is Taxfyle’s third party payment solutions provider and is used to both collect online payments from customers and transmit earnings to Tax Pros. At the end of the calendar year, Stripe will provide you with your form 1099-K, if applicable (200 transactions and $20,000 during the course of the year). To complete your Dashboards integration with Stripe, select “My Account” on the top right corner of the Pro Portal > and click "Connect with Stripe.”
Tax Pros are paid on a weekly basis. Therefore, you will see your fees deposited with your Stripe account on the Friday following the week after the Job is completed (one week in arrears). Please note that only completed jobs will be paid out. As discussed below within our "cancellation fees" section, if a client cancels the service, we can only pay you your portion of the amount collected.
Security is amongst Taxfyle’s top priorities. Taxfyle promotes an encrypted, safe and transparent work environment for both our customers and Tax Pros. Communication between parties is archived upon completion of the engagement for security purposes.