Tax Compliance Engagement Letter

Tax Compliance Engagement Letter

This Tax Compliance Engagement Letter sets forth the terms under which the Preparer identified below will provide tax compliance services to the Client identified below. Client Name: Business Name (if applicable):

Parties and Contact Information

Engagement Scope

The Preparer will prepare and deliver the tax compliance documents specified below for the tax periods indicated. The engagement specifically includes preparation of returns and schedules, preparation of required supporting workpapers, electronic filing where applicable, and responding to standard inquiries from taxing authorities directly related to the filed returns. Scope details:

Tax Period(s) Covered

Tax Year Begin:   Tax Year End:

Client Responsibilities

The Client is responsible for providing all information necessary for accurate and complete preparation of tax filings, including books and records, statements, receipts, and prior year returns. The Client must provide such information in a timely manner and certify that the information is true, complete, and correct to the best of the Client's knowledge.

Preparer Responsibilities and Limitations

The Preparer will use professional judgment in applying technical tax rules. The Preparer does not audit or otherwise verify the information provided by the Client, and is not responsible for errors or omissions that could have been detected by an audit or independent verification. The Preparer will advise of material tax positions and applicable documentation requirements.

Fees and Payment Terms

Fees are based on time and complexity unless a fixed fee is specified above. The Client is responsible for payment of all agreed fees and any direct out-of-pocket expenses. Past-due balances may be subject to collection costs and interest as allowed by law.

Confidentiality and Records

The Preparer will maintain the confidentiality of Client information, except as required by law or as authorized by the Client. The Client authorizes the Preparer to retain electronic or physical copies of tax returns and supporting documentation for professional recordkeeping in accordance with the Preparer's retention policies.

Entity Type and Taxpayer Identification

Please indicate the Client's entity type by selecting the applicable box(es). Individual/Sole Proprietor: C Corporation: S Corporation: Partnership:

Trust/Estate: LLC: Other (specify):

Certification and Acknowledgment (Numbered Statements)

By signing below, the Client acknowledges and certifies the following statements under penalty of perjury to the extent applicable:

1. The information provided to the Preparer is true, complete, and accurate, and I understand that the accuracy of tax returns is my responsibility.
2. The taxpayer identification number provided above is correct to the best of my knowledge and that failure to furnish a correct TIN may subject me to penalties as provided by law.
3. I authorize the Preparer to prepare and file the specified tax returns and to electronically file those returns where applicable, and to communicate with tax authorities on my behalf when necessary to complete the engagement.
4. I understand that any tax positions taken will be based on applicable law and will include reasonable interpretation of that law, and that the Preparer has no obligation to adopt aggressive positions that lack reasonable support.
5. I agree to pay all fees and expenses described in this letter and acknowledge that failure to pay may result in suspension of services and retention actions.

I hereby certify that I have read and accept the terms and conditions of this engagement as set forth in this letter. Acknowledged

Additional Terms

This engagement letter constitutes the entire agreement between the parties regarding the subject matter herein and supersedes prior agreements, whether written or oral, concerning the same subject matter. Any amendment to this letter must be made in writing and signed by the Client and acknowledged by the Preparer.

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