Tax Business Consultation Engagement Letter

TAX BUSINESS CONSULTATION ENGAGEMENT LETTER

Date of Letter:

Parties

Client Name:

Scope of Engagement

This letter confirms the terms under which the tax consulting firm (Consultant) will provide tax advisory and compliance consulting services to the Client. The services to be provided include, as requested and agreed in writing: tax planning and strategy, review and preparation assistance for federal and state income tax matters, identification of tax-saving opportunities, advisory on entity selection for tax purposes, and coordination with Client's representatives to the extent authorized below.

Tax Years or Periods Covered:

Fees, Billing and Payment

Fees will be based on hourly rates, fixed fees, or a combination as set forth below. Payment terms are net upon invoice unless alternate arrangements are made in writing. The Client is responsible for all reasonable out-of-pocket expenses incurred by the Consultant in connection with the engagement.

Taxpayer Identification

Full Legal Name of Taxpayer:

Social Security Number (if individual):

Employer Identification Number (if applicable):

Client Responsibilities

The Client must provide complete and accurate records, respond promptly to requests, and disclose any facts or circumstances that may affect tax positions. The Consultant may rely on information provided by the Client without independent verification. The Client is responsible for timely filing and payment of taxes and for any penalties resulting from incomplete or inaccurate information.

Confidentiality and Disclosure

The Consultant will maintain the confidentiality of nonpublic Client information in accordance with professional standards, except as required by law or as necessary to render the agreed services. The Client authorizes the Consultant to communicate with taxing authorities and third-party representatives when necessary to perform the engagement and to disclose information reasonably required to effectuate the engagement.

Limitations of Engagement, Liability and Indemnification

The Consultant does not guarantee results. The scope does not include audit defense unless expressly stated. Consultant's liability for damages arising out of this engagement shall be limited to direct damages up to the amount of fees paid for the services giving rise to the claim, except where prohibited by law. Client agrees to indemnify and hold Consultant harmless from liabilities arising from Client's failure to provide complete or accurate information or from legal positions taken by Client without Consultant's advice.

Term, Termination and Records

This engagement commences on acceptance by the Client and continues until completion of services or earlier termination by either party upon written notice. Upon termination, fees for services performed and costs incurred up to the termination date become immediately due. Client records will be returned upon request; Consultant may retain copies as required by professional standards.

Certification and Perjury Statement

By signing below, the Client certifies under penalty of perjury the following statements are true, complete, and correct to the best of the Client's knowledge:

1. The information provided to the Consultant concerning identity, income, deductions, and other tax matters is accurate and complete.
2. The taxpayer identification number(s) provided above are correct and belong to the taxpayer identified in this engagement unless otherwise disclosed in writing.
3. The Client will notify the Consultant promptly of any changes to facts or law that may materially affect tax positions taken or advice given.
4. The Client understands that intentional misrepresentation or failure to disclose relevant facts may subject the Client to civil and criminal penalties and may terminate the engagement.

Acceptance

If the terms of this engagement are acceptable, please sign and date below where indicated. Signing authorizes the Consultant to proceed with the services described above and acknowledges the Client's responsibilities and the certification statements.

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