by RocketFFL | May 1, 2026 | FFL, NFA
An SOT (Special Occupational Taxpayer) is an FFL (Federal Firearms Licensee) that makes or sells NFA firearms (silencers, machine guns, short barreled rifles, etc). The SOT is a “taxpayer” because they pay a special annual tax in order to deal with a...
by RocketFFL | Oct 19, 2020 | ATF Forms, News
ATF’s New 4473 It is that time again. The ATF has officially updated the over the counter “Firearms Transaction Record”, more commonly known as the ATF Form 4473. Like most in the firearm industry, you are probably aware that every 3 years to so, a newly revised...
by RocketFFL | Mar 1, 2018 | News
The Assault Weapon Ban of 2018 has been introduced in Congress. The new Assault Weapon Ban proposal is similar in structure to the previous Assault Weapon ban of 1994 with one major difference – the new AWB is stricter. Despite the horrible news for gun rights,...
by RocketFFL | Sep 5, 2017 | ATF, ATF Rulings
Recently the ATF published Procedure 2017-1 (not ATF Ruling 2017-1). ATF Procedure 2017-1 “set[s] forth the record-keeping and National Instant Criminal Background Check System (NICS) procedures for a Federal firearms licensee (FFL) who facilitates the transfer...