How 4473 Forms Impact Your Gun Shop
Thursday, December 03 2020
Form 4473 was established in 1968 with the passage of the Gun Control Act of 1968. That law prohibited minors, felons, and the mentally ill from purchasing a firearm. 4473 forms were required to capture the information needed to comply with the law. Since then, exclusions have expanded to include fugitives from justice, users of illegal drugs, illegal aliens, people convicted of domestic violence, and people dishonorably discharged from the armed services. It’s easy to make mistakes on Form 4473. While we don’t know exactly how many times this happens, Google searches for information about 4473 mistakes number more than 400 a month. Taking the time to fill out the form correctly can lead to long lines and impatient customers. Then, after the form is complete, there are issues with compliance, storage, and access. The existence of Form 4473 impacts your gun shop in four key ways. Customer Service As a gun shop owner, you have a community to serve. You probably have loyal, repeat customers whom you’ve known for years. You trust them and they trust you. When they come into your shop, you want to spend time serving them, not fussing over forms. That’s difficult with paper documents. But what if you had the ability for your 4473 forms to be completed on any device at any time without timeout errors? That would eliminate lines and allow you to better serve your customers. You would be secure in its accuracy because questions are displayed with definitions, and alerts are given for wrong answers. Accuracy and Compliance It’s your responsibility to ensure that Form 4473 is completed accurately. The most frequently cited FFL compliance violation is when the transferee doesn’t properly complete section A. The next most common violations are failures to record entries in the bound book on time, to follow instructions for completing the form, and to record the date NICS was contacted. Being distracted by potential compliance violations takes time and energy away from growing and managing your business. A system that could ensure 100% compliance with ATF regulations would be a load off of your mind. Storage and Logistics Suppose that you and your customer have completed Form 4473 accurately — and you know this because you’ve double and triple checked it. All you have to do is file it and forget it for 20 years, right? Not exactly. A perfectly completed Form 4473, where a transfer did occur, with its attachments does need to be kept for 20 years. But if the transfer did not occur, perhaps because it was denied after the background check, the form only needs to be kept for five years. Furthermore, incomplete transfers need to be kept in a separate file from complete transfers. Additionally, if an error is found after the transfer has been completed, the “licensee should photocopy the inaccurate form and make any necessary additions or revisions to the photocopy. The buyer/transferee should only make changes to Sections A and C. The licensee should only make changes to Sections B and D. Whoever made the changes should initial and date the changes. The corrected photocopy should be attached to the original ATF Form 4473 and retained as part of the licensee’s permanent records.” (source: ATF) Wouldn’t you rather be hunting? Access to 4473 Forms By now if you’ve done everything correctly, you’d think you were home free, but that’s not necessarily so. If, for any reason, the ATF wants or needs to audit your records, you have to make them available at a time convenient to them. The ATF is allowed to audit your records once every 12 months as part of their overarching responsibility to make sure that the industry is largely complying with statutes. If you have a system that ensures 100% compliance with ATF regulations, you don’t have anything to worry about. The only hitch is that with paper records, the inspector will need access to your place of business and your files. This can end up being a major inconvenience. But, what if you could provide uninterrupted remote access in “read only” capacity? It would be one less headache interrupting the rhythm of your business. With E4473, you can accept an electronic version of Form 4473 faster and safer than you can accept a paper form. Now there is a positive impact on your business.
- Published in Form 4473, Gun Stores
No Comments
Why It’s Safer to Complete Form 4473 Online
Thursday, November 19 2020
We can learn a lot about the secure filing of digital forms from HIPAA. The Health Insurance Portability and Accountability Act requires the protection and confidential handling of protected health information (source). These regulations have spawned an immense, complex ecosystem of protocols for compliance. The consensus among experts in the field is that the electronic completion and storage of health records is the surest way to comply with the law. Because of this, firearms dealers are in good company when they decide to move their record processing online. While form 4473 is not as highly regulated as a health record, it is still considered a confidential document, with rules that must be followed for its lawful completion. “These forms are given the same status as a tax return under the Privacy Act of 1974 and cannot be disclosed by the government to private parties or other government officials except in accordance with the Privacy Act.” (source) Paper records have several security risks that are eliminated or reduced by completing and storing the records digitally. Here are seven reasons why it’s safer to process form 4473 online using E4473. The information on the form is encrypted and password protected. E4473 offers a five-tier data security protocol and 24/7 monitoring for vital attacks. Records are protected by strong login and password systems, using dual factor authentication. The platform allows for enforcing policy on secure passwords. Once completed, the form is encrypted, providing an additional layer of security. The software is regularly updated to ensure ATF compliance. We closely monitor the latest releases, regulations, and requirements of the Bureau of Alcohol, Tobacco, Firearms, and Explosives so that you are always 100% compliant with ATF regulations. The form is easy to use and protected against error. No technical skills are required to complete the form correctly. There is verification and validation of every form field on every application. Incorrect answers are flagged and help text is provided to ensure that you and your customer will not have to go back to fix mistakes later. Digital records cannot be tampered with or lost. Paper records can be lost or destroyed. They can also be altered in ways that might not be noticed. Digital records are secure from tampering, misplacement, or damage. An audit trail is created. You can easily determine who has accessed the form and when they have accessed it. That’s not possible with paper records. If your records are audited, there will be an audit trail if it’s ever needed. Only authorized people can access the form. Digitally stored records can’t accidentally be left out in the open or misfiled. Only authorized people, such as ATF inspectors, can access them. The form is backed up in case of a disaster. Records can be lost due to natural disasters, ransom attacks, criminal trespass, or human error. If any of these things happen you’ll be able to recover your documents quickly and be back in business. In addition to the many safety reasons in favor of completing form 4473 online, there are several practical ones. A paper 4473 can take more than half an hour to complete, while the electronic version — using E4473 — can be completed in minutes. Paper versions are required to be filed and kept by you for 20 years. Digital 4473’s are stored offsite, relieving you of the worry of their security and preservation. E4473 is built for mobile and can be completed on any device with an internet connection; including phone, tablet, kiosk, or computer. Want to know more? Visit our FAQ page for answers to your questions or email one of our experts at hello@e4473.com.
- Published in Bulletproof Security, Form 4473, Gun Stores
Completing Form 4473 Has Never Been Easier
Friday, November 06 2020
Lying on form 4473 is a felony. Thankfully, you’re not too likely to run into that situation. What’s much more common is having to identify and fix honest mistakes in the 75 fields that your customer needs to complete in order to make a purchase. You can spend time trying to keep your customers focused on the form, preventing distractions from other customers who just want a quick question answered, and making sure they don’t use a middle initial in Section A; or you can use E4473. It’s just that clearcut. E4473 takes everything online and makes it easy. No more bound book. No more 20 years of paperwork on file. No more babysitting customers while they complete the form. The benefits of E4473 are overwhelming and the cost is negligible in comparison. Benefit #1: Stay Compliant With E4473 you have the security of being 100% compliant with ATF regulations. We play ball by the book. E4473 keeps a close eye on the ATF’s latest releases, regulations, and requirements. Our legal team stays ahead of the curve so you can sell firearms without anxiety. The platform meets all 12 of the minimum standards for an ATF variance, including completing the form entirely in a digital environment, saving it in an unalterable format, and providing ATF with uninterrupted access to the system in “read only” capacity. Benefit #2: Enhance Security and Privacy Data privacy is a top priority with E4773. The platform offers a five-tier data security protocol and round-the-clock monitoring that’s like kevlar for your data. Dual factor authentication is the industry standard and a requirement for E4473. We are constantly on the alert for suspicious activity while keeping private information tightly locked up. This allows you to eliminate thousands of unsecured paper records and cease worrying about document storage. Benefit #3: Increase Sales to Qualified Customers Remember babysitting the customer filling out the form 4473, while other potential customers are waiting in line or trying to ask questions? With E4473 that can be a problem of the past. There are no wait times because the form is accessible on any device at any time. It’s intuitive, easy-to-use interface means even a first-timer can complete form 4773 accurately and without frustration. Multi-user capability means you, your team, and your customers can be using E4473 all the same time without errors or timeouts. Furthermore, E4473 lowers your costs by reducing the amount of time you spend completing form 4773, training your employees to execute the process correctly, and fixing errors. E4473 supports you with online video training, FAQs, and support services. It’s accuracy helps keep straw purchases out of your store so you can spend your time with your loyal, qualified customers. Benefit #4: Eliminate Form 4473 Errors E4473 digital process removes the error caused by manual processes and helps eliminate inaccuracies. Each section of our application offers questions displayed with definitions and exceptions, and there are alerts for improper answers. Best of all, it’s 100% automatic and reliable so you can keep your focus where it needs to be — on your business. Benefit #5: Reduce Paperwork With E4473, you can complete all your gun sales and transfers digitally, freeing up hours of time you used to spend on paperwork. Each firearm transaction record is stored digitally with all its attachments, eliminating hard copies and wet signatures. Benefit #6: Experience Peace of Mind E4473 is hands-down the safest way to sell firearms. It gives you the security of submitting an error-free form, compliant with ATF regulations. It eliminates the hassle of creating, storing, and retrieving paper documents. And, if you’re ever audited, the ATF can have uninterrupted access to the system in “read only” capacity and the ability to retrieve information quickly. The E4473 platform was developed to meet the needs of all firearms dealers. Whether you’re a pawn shop, small gun shop, e-commerce firearm store, or large retailer we have a solution that will make your life easier and your business more profitable. We are passionate about the right to responsibly bear arms and would love to talk to you about how you can process the form 4473 with previously unknown ease, security, and accuracy.
- Published in ATF, Bulletproof Security, Form 4473, Gun Stores