YOUR LETTERHEAD
TAX
ENGAGEMENT LETTER
THIS
IS AN APPLICATION
We appreciate the opportunity we have in serving this year and other
years. We are pleased to have the
opportunity to serve you.
This letter is to confirm the arrangements for our tax services and
financial services on your behalf. Considering
the information you furnish us, we will prepare your federal and applicable
state income tax returns. (Please
note that our services will be limited to the preparation of returns that we
discuss, and we will not be preparing other tax returns that you may be required
to file.) We will be happy to
discuss those additional taxes with you. Please
bring those to our attention.
We will not audit or verify the day you submit, although we may ask that
you clarify it. You will be
responsible for the material and the implication according to the law.
Under the Internal Revenue Code and State Tax Laws, taxpayers are
required to maintain records supporting their returns, including receipts and
canceled checks for all deductible expenditures.
You will be responsible for maintaining all necessary tax records and for
the accuracy and completeness of the information submitted to us.
(This includes travel and entertainment records.)
We will also be available to answer your inquiries on specific tax
matters and consult with you on Income Tax Planning.
Please note that our service cannot be relied on to uncover fraud or
defalcation. Our fees are based on
our fee schedule and the complexity of the returns.
Your returns are, of course, subject to review by the taxing authorities.
Any items resolved against you by the examining agent are subject to
certain rights of the appeal. In
the event of an examination, we will be available to represent you for an
additional fee.
If we do any financial or ledger work for you, it will be in accordance
with accepted tax accounting principals or principals established by Tax Code.
Tax Code may have differences of opinion. You will be responsible for those implications.
Our respective duties and responsibilities relating to our firms'
engagement by you are defined by this. We
have exercised due diligence in preparing your bookkeeping, statements and tax
returns, using information you have provided us.
After you receive and review our work, your return, other documents or
receive advice, you are then responsible for these items and hold our firm
harmless for any and all acts before or after that time.
I/we hereby release Jarvis of any and all liabilities regarding my
returns or accounting, before and after. If
there is any litigation regarding the method, manner, or way we prepared your
tax returns or statements, the fees will be yours.
You have 3 years to amend your return if you find any changes that need
to be made.
You are responsible
for determining net operating loss carry back provisions unless you notify us.
You authorize us to make certain tax decisions in
your favor with no recourse for making those decisions.
If you qualify or are involved in Partnerships, Limited Liability
Company, Limited Liability Partnerships, or S-Corporations, please see the
reverse of this application.
Privileged communications are limited to non-criminal tax advice on
matters before IRS or non-criminal tax proceedings in federal courts. Anything you tell us during the interview for the preparation
of your tax return is confidential, but not protected from the IRS.
Please consult your attorney for legal advice on such matters.
We do not
disclose any non-public personal information about our customers or former
customers to anyone, except as instructed to do so by such customers.
We restrict access to non-public personal information to those
professionals necessary to prepare tax returns and we maintain physical,
electronic and procedural safeguards to guard your non-public personal
information.
If you do not understand any terms of this, please let us know and we
will be happy to review them with you. If
the above is in accordance with your understanding of the terms and conditions
of our engagement, please sign this letter.
We
will begin providing our services when we receive a signed copy of this letter.
Client
Signature
Client Signature
__________________________________________
_______________
Signature of Individual Witnessing this
Signature
PARTNERSHIPS,
LIMITED LIABILITY COMPANY, LIMITED LIABILITY PARTNERSHIPS, OR S-CORPORATIONS
If
you qualify or are involved in Partnerships, Limited Liability Company, Limited
Liability Partnerships, or S-Corporations.
The Conditions and Term on the reverse apply along with the following
Terms and Conditions.
You
are responsible for the MAINTAINING & keeping of the Capital
Accounts and all other accounts related to your business. Should the
capital accounts change during the year, you will notify us of the appropriate
changes.
We
understand that we do not do any financial or ledger work for you.
In accordance with any accepted accounting principles established by
accounting procedures or IRS Code. We
agree that we, the client, establish and accept the responsibility for all of
the capital accounts both in the general partnership interests and the limited
partnership interests. We also
agree that those stated amounts can be amended for a period of three years after
the filing of the current tax return, and we accept the entire responsibility as
the returns are filed and hold harmless the accounting firm in any of their
duties or responsibilities relating to our firm, our personal returns, or
financial or tax advice on such matters.
If you do not understand any terms
of this, please let us know and we will be happy to review them with you.
If the above is in accordance with your understanding of the terms and
conditions of our engagement, please sign this letter.
We
will begin providing our services when we receive a signed copy of this letter.
Client
Signature
Client Signature
__________________________________________
_______________
Signature of Individual Witnessing this
Signature