Common Contracts
1 similar Individual Income Tax Engagement Agreement contracts
Individual Income Tax Engagement Agreement for Tax Year 2018 – federal and resident stateIndividual Income Tax Engagement Agreement • January 16th, 2019
Supporting Data By signing this Agreement, Client states that he/she has the necessary documents and records to support the deductions claimed on the tax return and will provide all requested information in a timely manner. Client must provide all information requested and answer all questions asked on the TTS In-Take form in a clear and legible format. Client is advised that the law imposes a penalty for substantial understatement ofthe tax liability and that the tax authorities regularly question expenditures for travel and entertainment, business use of automobile and cell phones as well as charitable donations. Foreign Activities Client is hereby advised that he/she is responsible for reporting all foreign activities. By signing this Agreement, Client acknowledges his/her obligation to inform TTS if Client has income from foreign sources, has signatory authority over foreign accounts, or owns foreign financialassets. Note that the penalties for failure to comply with reporting requ
