A: AffordaTax Biz-In-Box will assist you in getting an Electronic Filing Identification Number (EFIN). This is a number assigned by the Internal Revenue Service to preparers that are accepted into the fed/state e-file program. Afforda will underwrite your EFIN, so you can be a full fledge Tax Professional.
If you selected the Silver package, AffordaTax secures the EFIN and you don’t have to apply for one separate. You and/or your Hirees will operate under an AffordaTax credentialed EFIN. This means you’re considered a transmitter, but not a responsible party for the EFIN.
For Gold and Platinum levels, you are listed as a responsible party under your EFIN and AffordaTax underwrites it so we expedite the process and then get it affiliated with our holding bank and all of our federal licensures. This process takes an average of 45 days with the IRS. We know exactly how the EFIN paperwork needs to be constructed and filled out and then once your application is submitted to the IRS, you will then send them a fingerprint card so they can administer a suitability check, which may include a credit check, a criminal background check, a tax compliance check and a check for previous non-compliance with IRS e-File requirements. AffordaTax being under-writers will prove invaluable during this part of this process.
If you feel you need to talk further about your eligibility for an EFIN, feel free to contact us and/or change your level to Silver.