Bookkeeping Assistance. We may deem it necessary to provide you with accounting and bookkeeping assistance solely for the purpose of preparing the income tax returns. These services will be performed solely in accordance with the AICPA Code of Professional Conduct. We will request your approval in writing before rendering these services. Additional charges will apply for such services. Estimated Tax Payments. You may be required to make quarterly estimated tax payments. We will calculate these payments for the 2019 tax year based upon the information you provide to prepare your 2018 tax returns and have no obligation to update recommended payments after the engagement is completed. If you ask us to update your estimated tax payments, additional fees may apply. Tax Planning Services. Our engagement does not include tax planning services. During the course of preparing the tax returns identified above, we may bring to your attention potential tax savings strategies for you to consider as a possible means of reducing your taxes in subsequent tax years. However, we have no responsibility to do so, and will take no action with respect to such recommendations, as the responsibility for implementation remains with you, the taxpayer. If you ask us to provide tax planning services, we will confirm this representation in a separate engagement letter. Government Inquiries. This engagement does not include responding to inquiries by any governmental agency or tax authority. If your tax return is selected for examination or audit, you may request our assistance in responding to such an inquiry. If you ask us to represent you, we will confirm this representation in a separate engagement letter. Arguable Positions. We will use our judgment to resolve questions in your favor where a tax law is unclear, provided there is sufficient support for doing so. If there are conflicting interpretations of the law, we will explain the possible positions that may be taken on your return. We will follow the position you request, provided it is consistent with our understanding of the Internal Revenue Code (“IRC”), tax regulations, Revenue Rulings, Revenue Procedures, private letter rulings and court decisions. If the IRS, state, or local tax authorities later contest the position taken, there may be an assessment of additional tax, penalties, interest, and professional fees. We assume no liability, and you hereby release us from any liability for such additional tax, penalties, interest, and professional fee...
Bookkeeping Assistance. We may deem it necessary to provide you with accounting and bookkeeping assistance solely for the purpose of preparing your income tax returns. These services will be performed in accordance with the AICPA Code of Professional Conduct. By signing this letter, you acknowledge that we may provide you with up to five (5) hours of accounting or bookkeeping assistance at our billable hourly rate. If we estimate more time is needed, we will request your approval in writing. If we already provide you with bookkeeping services under a separate engagement, we will perform those services under the terms and conditions of that engagement letter.
Bookkeeping Assistance. We may deem it necessary to provide you with accounting and bookkeeping assistance solely for the purpose of preparing the income tax returns. These services will be performed in accordance with the AICPA Code of Professional Conduct. We will request your approval in writing before rendering these services and additional charges will apply. Estimated Tax Payments. You may be required to make quarterly estimated tax payments. We will calculate these payments for the 2021 tax year based upon the information you provide to prepare your 2020 tax returns and have no obligation to update recommended payments after the engagement is completed. If you ask us to update your estimated tax payments, additional fees may apply.
Bookkeeping Assistance. In the event that XXX xxxxx it necessary, in KHA’s sole discretion, to provide Client with bookkeeping assistance in order to accomplish the requested services, such services will be performed solely in accordance with the CPC. KHA reserves the right to apply additional charges to such services, and Client agrees to pay such additional charges if such services are required or requested. At Client’s request, KHA may post coded transactions to Client’s general ledger and prepare a trial balance based on the adjusted general ledger for purposes of tax return preparation. KHA will propose adjusting or correcting journal entries to be reviewed and approved by Client. However, KHA will not audit or otherwise verify the data Client submits, although it may be necessary to ask Client for clarification of some of the information submitted by Client. Unless specifically contracted in a separate Agreement, KHA will not prepare Client’s financial statements, nor will KHA perform an audit, review, or compilation of Client’s financial statements. KHA will not prepare or submit an accountant’s report unless both Parties confirm the provision of this service in an agreed Writing. KHA will not perform management functions or make management decisions on behalf of Client’s company or companies. KHA may, in its sole discretion, provide advice and recommendations to assist Client’s management in performing its functions and making decisions; provided, however, that KHA makes no representations or warranties as to any such advice, and Client hereby agrees to accept or reject any such advice at its sole discretion and at its own risk.
