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