Engagement Objective and Scope. We will prepare the following federal and resident state tax returns for 2019: We will not prepare any tax returns except those identified above, without your written request, and our written consent to do so. We will prepare your tax returns based upon information and representations that you provide to us. We have not been engaged to and will not prepare financial statements. We will not audit or otherwise verify the data you submit to us, although we may ask you to clarify certain information. We will prepare the above-referenced tax returns solely for filing with the Internal Revenue Service (“IRS”) and state and local tax authorities as identified above. Our work is not intended to benefit or influence any third party, either to obtain credit or for any other purpose. You agree to indemnify and hold us harmless with respect to any and all claims arising from the use of the tax returns for any purpose other than filing with the IRS and state and local tax authorities regardless of the nature of the claim, including the negligence of any party. Our engagement does not include any procedures designed to detect errors, fraud, or theft. Therefore, our engagement cannot be relied upon to disclose such matters. This engagement is limited to the professional services outlined above. CPA Firm Responsibilities Unless otherwise noted, we will perform our services in accordance with the Statements on Standards for Tax Services (“SSTSs”) issued by the American Institute of Certified Public Accountants (“AICPA”) and U.S. Treasury Department Circular 230 (“Circular 230”). It is our duty to perform services with the same standard of care that a reasonable income tax preparer would exercise in this type of engagement. It is your responsibility to safeguard your assets and maintain accurate records pertaining to transactions. We will not hold your property in trust for you, or otherwise accept fiduciary duties in the performance of the engagement. We will prepare your tax returns based upon your filing status (single, married filing jointly, married filing separately, head of household or qualifying widow[er] with dependent child) as reflected in your income tax returns for last year. If your filing status has changed, you wish to change your filing status, or you have questions about your filing status, please contact us immediately.
Engagement Objective and Scope. Our advice is dependent upon the accuracy and completeness of the information and representations that we receive from you as well as your stated intended use of the advice. Therefore, providing us with inaccurate or incomplete information or representations may result in inaccurate findings or inappropriate recommendations and critical recommendations may not be identified. We will not audit or otherwise verify the data you submit to us, although we may ask you to clarify certain information. If your information substantially changes during the course of the engagement and you desire updated advice, you should provide our office with the updated information and representations in a timely manner as the change in information may affect our advice. If tax law changes after we provide you with advice, we may be available to update our advice upon request under the terms of this engagement letter. In either case, additional fees will apply. Our engagement does not include any procedures designed to detect errors, fraud, or theft. Therefore, our engagement cannot be relied upon to disclose such matters. This engagement is limited to the professional services outlined above. Our advice is based upon facts, assumptions, and representations as stated and relevant tax reference materials that are subject to change. Tax reference materials include but are not limited to the Internal Revenue Code (“IRC”), regulations, Revenue Rulings, Revenue Procedures, Private Letter Rulings, and court cases. We will not update our advice for subsequent changes to tax reference materials. CPA Firm Responsibilities We will perform our services in accordance with the American Institute of Certified Public Accountants (“AICPA”) Code of Professional Conduct, Statements on Standards for Tax Services, and Statement on Standards for Consulting Services. 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. 2022 Tax Consulting Engagement Letter xxx.xxxxxxxxxxxx.xxx 1 Rev. 12/17/21 Tax Advice. Our advice is based upon tax reference materials, facts, assumptions, and representations that are subject to change. Our advice is valid as of the time it is given and we may advise you of changes that are likel...
