Common use of Bookkeeping Assistance Clause in Contracts

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 fees.

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 made by any governmental government 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 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, liability and you hereby release us from any liability for such additional tax, penalties, interest, and professional fees.

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. Our review of the prior year's tax return will necessarily be limited and may not find all errors. We will, however, bring to your attention any errors that we find. If you ask us to prepare amended tax returns and/or address any other matters arising as a result of any error, we will request your approval confirm this representation in writing before rendering these services. Additional charges will apply for such services. Estimated Tax Paymentsa separate engagement letter. You may be required to make quarterly estimated tax payments. We Ordinarily, we will calculate these payments for the 2019 2022 tax year based upon the information you provide to prepare your 2018 2021 tax returns and have no obligation to update (the "safe harbor" rule). Updating recommended payments after to more closely reflect your actual current year's income is not within the engagement is completedscopeof this engagement. If However, if you ask would like us to update provide this service, we will do so upon your estimated tax payments, additional fees may applydocumented oral or written request. Tax Planning Services. Our engagement does planning services are not include tax planning serviceswithin the scope of this engagement. 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 we 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 auditaudit or if you receive a notice of possible changes to the return, you may request our assistance in responding to such an inquiryassistance. If you ask us to represent youyou on audit, we will confirm this representation in a separate engagement letter. Arguable PositionsYour documented request for assistance with other types of notices will allow us to respond in those instances. We will use our judgment not respond to resolve questions in your favor where a any request from banks, mortgage brokers or others for verification of any information reported on these 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 returnreturns. We will follow the position you request, provided it is consistent do not communicate with our understanding third parties or provide them with copies 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 feesreturns.

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 estimated payments for the 2019 2020 tax year based upon the information you provide to prepare your 2018 2019 tax returns and returns. We have no obligation to update recommended estimated tax payments after the engagement is completedcomplete. If you ask us to update your estimated tax payments, additional fees may apply. Tax Planning Services. Our This engagement does not include tax planning services. During the course of While 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, so and will take no action with respect to such recommendations, 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 InquiriesAdditional charges may apply. Errors, Misrepresentations, Fraud, Illegal Acts, Theft. We will not attempt to discover errors, misrepresentations, fraud, illegal acts, or theft. We have not included any procedures designed or intended to discover such acts and we have no responsibility to do so. We will only render accounting and bookkeeping assistance as necessary for the preparation of the income tax returns. This engagement does not include responding to inquiries by any governmental agency or tax authoritymay require additional fees. 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 PositionsProfessional Judgment. We will use our professional judgment to resolve in resolving questions in your favor where a the tax law is unclear, provided unclear or where there is sufficient support for doing so. If there are conflicting may be conflicts between the taxing authorities’ interpretations of the law, we will explain the possible law and other supportable positions that may be taken on your returnin accordance with IRS Circular 230 guidelines. We will follow the position you request, provided it is consistent with our understanding of the Standards. The Internal Revenue Code (“IRC”), and regulations impose preparation and disclosure standards with noncompliance penalties on both the preparer of a tax regulations, Revenue Rulings, Revenue Procedures, private letter rulings return and court decisionson the taxpayer. If we have a reasonable belief any tax position in your return will be sustained on its merits due to having substantial authority, a preparer penalty will be imposed on us unless that position has a reasonable basis and is adequately disclosed in the IRSreturn. While we might be able to avoid a preparer penalty by adequately disclosing the return position, state, or local tax authorities later contest you might not have to disclose the position takento avoid applicable taxpayer penalties. If we determine that we would be subject to a preparer penalty by delivering your return to you, there you agree to either adequately disclose the position on your return or change the position to one which would not subject us to penalty. If you do not choose to change your position or adequately disclose to eliminate our exposure to the preparer penalty, we, in our sole discretion and at any time, may be an assessment of additional tax, penalties, interest, and professional feeswithdraw from the engagement without completing or delivering tax returns to you. We assume no liability, Such withdrawal will complete our engagement and you hereby release will be obligated to compensate us from any liability for such additional tax, penalties, interest, all time expended and professional feesto reimburse us for all out-of-pocket expenses through the date of our withdrawal.

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 services and additional charges will apply for such servicesapply. 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 made by any governmental government 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. Examination of Returns. Your returns may be selected for examination or review by the taxing authorities. Any proposed adjustments by the examining agent are subject to certain rights of appeal. In the event of such government tax examination, we will be available upon request to assist you. These additional services are not included in our fee for preparation of your returns and we will render additional invoices for the time and expenses incurred. 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 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, liability and you hereby release us from any liability for such additional tax, penalties, interest, and professional fees.

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 2019 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 made by any governmental government 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 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, liability and you hereby release us from any liability for such additional tax, penalties, interest, and professional fees.

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 estimated payments for the 2019 2021 tax year based upon the information you provide to prepare your 2018 2020 tax returns and returns. We have no obligation to update recommended estimated tax payments after the engagement is completedcomplete. If you ask us to update your estimated tax payments, additional fees may apply. Tax Planning ServicesErrors, Misrepresentations, Fraud, Illegal Acts, Theft. Our engagement does We will not include tax planning servicesattempt to discover errors, misrepresentations, fraud, illegal acts, or theft. During the course of preparing the tax returns identified above, we may bring We have not included any procedures designed or intended to your attention potential tax savings strategies for you to consider as a possible means of reducing your taxes in subsequent tax years. However, discover such acts and we have no responsibility to do so, . We will only render accounting and will take no action with respect to such recommendations, bookkeeping assistance as necessary for the responsibility for implementation remains with you, preparation of the taxpayer. If you ask us to provide income tax planning services, we will confirm this representation in a separate engagement letter. Government Inquiriesreturns. This engagement does not include responding to inquiries by any governmental agency or tax authoritymay require additional fees. 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 PositionsProfessional Judgment. We will use our professional judgment to resolve in resolving questions in your favor where a the tax law is unclear, provided unclear or where there is sufficient support for doing so. If there are conflicting may be conflicts between the taxing authorities’ interpretations of the law, we will explain the possible law and other supportable positions that may be taken on your returnin accordance with IRS Circular 230 guidelines. We will follow the position you request, provided it is consistent with our understanding of the Standards. The Internal Revenue Code (“IRC”), and regulations impose preparation and disclosure standards with noncompliance penalties on both the preparer of a tax regulations, Revenue Rulings, Revenue Procedures, private letter rulings return and court decisionson the taxpayer. If we have a reasonable belief any tax position in your return will be sustained on its merits due to having substantial authority, a preparer penalty will be imposed on us unless that position has a reasonable basis and is adequately disclosed in the IRSreturn. While we might be able to avoid a preparer penalty by adequately disclosing the return position, state, or local tax authorities later contest you might not have to disclose the position takento avoid applicable taxpayer penalties. If we determine that we would be subject to a preparer penalty by delivering your return to you, there you agree to either adequately disclose the position on your return or change the position to one which would not subject us to penalty. If you do not choose to change your position or adequately disclose to eliminate our exposure to the preparer penalty, we, in our sole discretion and at any time, may be an assessment of additional tax, penalties, interest, and professional feeswithdraw from the engagement without completing or delivering tax returns to you. We assume no liability, Such withdrawal will complete our engagement and you hereby release will be obligated to compensate us from any liability for such additional tax, penalties, interest, all time expended and professional feesto reimburse us for all out-of-pocket expenses through the date of our withdrawal.