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. CPA Firm Responsibilities 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. 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 likely to occur, but we will not update our advice for subsequent legislative or administrative changes or future judicial interpretations except on request. To the extent we provide written advice concerning federal tax matters, we will follow the guidance contained in 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 tax reference materials. 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. Client Responsibilities Ultimate responsibility. You have final responsibility for your tax consulting services. We will provide you with a copy of any deliverables for review prior to finalization. You agree to review and examine them carefully for accuracy and completeness. You are solely responsible for implementation of any strategies discussed in the deliverables. Penalties and Interest Charges. Federal, state, and lo...
Engagement Objective and Scope. We will prepare your 2020 joint (or individual, if applicable) federal income tax return, and income tax returns for the state taxing authorities in which you deemed yourself a resident in 2020. We will not prepare any other tax returns, other than those identified, without your written request, and our written consent to do so. We will rely upon the completeness and accuracy of the information and representations that you provide to us to prepare your tax return. 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 applicable state and local tax authorities. 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 our firm 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. In addition, we are not responsible for identifying or communicating deficiencies in your internal controls. You are responsible for developing and implementing internal controls applicable to your operations. This engagement is limited to the professional services outlined above. Unless otherwise noted, we will perform our services in accordance with the Statements on Standards for Tax Services (“SSTS”) 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 this 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 r...
Engagement Objective and Scope. We will audit the financial statements of the governmental activities and the major fund, including the related notes to the financial statements (collectively, the“financial statements”) of Northwest Louisiana Council of Governments, which are comprised of the statement of net position and balance sheets as of June 30, 2023, and the related statements of activities and revenues, expenditures, and changes in fund balances for the year then ended, and the related notes to the financial statements. The following supplementary information (“SI”) accompanying the financial statements will be presented for the purpose of additional analysis and is not a required part of the financial statements. Such information, which is the responsibility of management, will be subjected to auditing procedures applied in our audit of the financial statements, additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other procedures in accordance with auditing standards generally accepted in the United States of America (“GAAS”). Our auditor’s report on the financial statements will provide an opinion on the supplementary information in relation to the financial statements as a whole.
