Common use of Reimbursement Policy and Criteria Clause in Contracts

Reimbursement Policy and Criteria. 5.1 The Service that provides for reimbursement of assessed penalties, interest and fees is provided through Company and its Participating Tax Preparers and EROs. 5.2 A Participant’s eligibility for reimbursement of assessed penalties; interest and fees are subject to the exclusions described in Section 3. If the audit is a result of a legitimate Error made by a Participating Tax Preparer, Company will reimburse the affected Participant for additional fees, penalties and interest assessed up to $2,500.00 for the Return. Qualified reimbursements will be paid by Company only after all of the obligations of Participant in Section 4 are satisfied and the Participant provides Company with proof satisfactory to Company that either (a) all tax obligations have been paid in full to the IRS and/or state or (b) the Participant is current with any payment agreement entered into with the IRS and/or state. 5.3 Notwithstanding anything contained herein to the contrary, the Participant is not eligible for reimbursement if the additional fee, penalty or interest is assessed as a result of: 5.3.1 Incomplete, incorrect or misleading information intentionally provided by the Participant, Tax Preparer or ERO. 5.3.2 ERO's or Tax Preparer's reckless failure to include W-2, 1099 or any other taxable income on the Return. 5.3.3 The Participant’s inability to provide the IRS and/or state or Company with sufficient records to support any item on the Return, including (but not limited to) filing status, deductions, expenses or dependents.

Reimbursement Policy and Criteria. 5.1 The Service that provides for reimbursement of assessed penalties, interest and fees is provided through Company and its Participating Tax Preparers and EROs. 5.2 A Participant’s eligibility for reimbursement of assessed penalties; interest and fees are subject to the exclusions described in Section 3. If the audit is a result of a legitimate Error made by a Participating Tax Preparer, Company will reimburse the affected Participant for additional fees, penalties and interest assessed up to $2,500.00 for the Return. Qualified reimbursements will be paid by Company only after all of the obligations of Participant in Section 4 are satisfied and the Participant provides Company with proof satisfactory to Company that either (a) all tax obligations have been paid in full to the IRS and/or state or (b) the Participant is current with any payment agreement entered into with the IRS and/or state. 5.3 Notwithstanding anything contained herein to the contrary, the Participant is not eligible for reimbursement if the additional fee, penalty or interest is assessed as a result of: 5.3.1 Incomplete, incorrect or misleading information intentionally provided by the Participant, Tax Preparer or ERO. 5.3.2 ERO's or Tax Preparer's reckless failure to include W-2, 1099 or any other taxable income on the Return. 5.3.3 The Participant’s inability to provide the IRS and/or state or Company with sufficient records to support any item on the Return, including (but not limited to) filing status, deductions, expenses or dependents. 5.3.4 Returns prepared with Negligence.

Reimbursement Policy and Criteria. 5.1 The Service that provides for reimbursement of assessed penalties, interest and fees is provided through Company and its Participating Tax Preparers and EROs. 5.2 A Participant’s eligibility for reimbursement of assessed penalties; interest and fees are subject to the exclusions described in Section 3. If the audit is a result of a legitimate Error made by a Participating Tax Preparer, Company will reimburse the affected Participant for additional fees, penalties and interest assessed up to $2,500.00 for the Return. Qualified reimbursements will be paid by Company only after all of the obligations of Participant in Section 4 are satisfied and the Participant provides Company with proof satisfactory to Company that either (a) all tax obligations have been paid in full to the IRS and/or state or (b) the Participant is current with any payment agreement entered into with the IRS and/or stateIRS. 5.3 Notwithstanding anything contained herein to the contrary, the Participant is not eligible for reimbursement if the additional fee, penalty or interest is assessed as a result of: 5.3.1 Incomplete, incorrect or misleading information intentionally provided by the Participant, Tax Preparer or ERO. 5.3.2 ERO's or Tax Preparer's reckless failure to include W-2, 1099 or any other taxable income on the Return. 5.3.3 The Participant’s inability to provide the IRS and/or state or Company with sufficient records to support any item on the Return, including (but not limited to) filing status, deductions, expenses or dependents.