January 4, 2021
We appreciate the opportunity of serving you and advising you regarding your income tax filing needs. To ensure a complete understanding between us, we are setting forth the pertinent information about the services that we propose to provide for you.
Tax Return Engagement:
We will prepare your federal and state income tax returns based on information you furnish to us. We will not audit or otherwise verify the data you submit to us, although we may ask you to clarify some of it. You may be required to request an extension if we do not receive all required information by the filing deadline, April 15th.
We will use our judgment in resolving questions where the tax law is unclear, or where there may be conflicts between the taxing authorities’ interpretation of the law and other supportable positions. Unless otherwise instructed by you, we will resolve such questions in your favor whenever possible.
It is your responsibility to provide all the information required for the preparation of complete and accurate returns. You represent that there is adequate substantiation to support deductions for any expenses claimed on the return. You are ultimately responsible for the accuracy of your return and should review it carefully before signing it.
You should retain all the documents, canceled checks, and other data which form the basis of income and deductions. These may be necessary to prove the accuracy and completeness of the returns to a taxing authority.
Your returns may be selected for review by the taxing authorities. Any proposed adjustments by the examining agent are subject to certain rights of appeal. In the event of such government tax examination, we will be available upon request to represent you and will request a retainer before performing such services.
If there is an error on the return resulting from incorrect information supplied by you, or due to your subsequent receipt of amended or corrected tax forms (W-2’s, 1099’s, K-1’s), you are responsible for the payment of any additional taxes which would have been properly due on the original return(s), along with any interest and penalties charged by the IRS.
All fees incurred to prepare your income tax returns are due and payable before the returns are released from our office, (unless mailed). This letter declares our obligation to you and if you disagree let us know before bringing your work to us for the 2019 tax filing season. We again would like to express our appreciation for this opportunity to serve you.
Yours very truly,