Tax Advisory Group Engagement Letter

TAX ADVISORY GROUP ENGAGEMENT LETTER

Date:

Client Identification

Taxpayer Identification

Entity Type (check applicable box):
Individual / Sole Proprietor
C Corporation
S Corporation
Partnership
Trust / Estate
LLC
Other

Engagement Scope

Tax Advisory Group (the Firm) is engaged to provide professional tax advisory and planning services limited to the matters expressly described in this letter. The services to be rendered include review and analysis of tax positions, tax planning recommendations, preparation of advisory memoranda, and consultation with the client regarding federal, state, and local tax consequences. The Firm will not prepare or file tax returns under this engagement unless expressly agreed in writing.

Client Responsibilities

The client agrees to provide complete and accurate information necessary for the Firm to perform the engagement. The client is responsible for the accuracy and completeness of all data and for maintaining adequate documentation to support tax positions. The Firm may rely on information provided without independent verification unless otherwise agreed.

Fees, Billing and Payment

Fees for services will be billed on an hourly basis at the Firm's standard rates or a negotiated fixed fee as set forth below. The client will reimburse reasonable out-of-pocket expenses incurred on the client's behalf. The client is responsible for timely payment of invoices and agrees to pay any collection costs, including reasonable attorney fees, for overdue accounts.

Confidentiality and Records

The Firm will maintain the confidentiality of client information in accordance with professional standards. The client acknowledges that the Firm may be required by law or professional standards to disclose certain information. Client records will be returned upon request; the Firm may retain copies for its files. The Firm is not responsible for the loss or destruction of original records left in the Firm's possession beyond its reasonable control.

Limitations, Conflicts and Termination

The Firm will not render opinions beyond the scope of the engagement. The Firm will notify the client if a conflict of interest is identified and will take steps consistent with professional obligations. Either party may terminate this engagement upon written notice. Termination does not relieve the client of the obligation to pay for services rendered and expenses incurred through the date of termination.

Taxpayer Certification

By signing below, the taxpayer certifies and acknowledges the following under penalty of perjury:

1. The information provided to the Firm in connection with this engagement is true, complete, and accurate to the best of the taxpayer's knowledge.
2. The taxpayer authorizes the Firm to rely upon the information supplied and to communicate with taxing authorities and third parties as necessary to perform the engagement, subject to any written limitation set forth herein.
3. The taxpayer understands that the Firm's role is advisory and that final responsibility for tax positions and filings rests with the taxpayer.
4. The taxpayer has disclosed all facts and circumstances relevant to the matters described in this engagement letter and will promptly notify the Firm of any material changes.

The taxpayer further understands that false statements made herein may be subject to civil or criminal penalties under applicable law.

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