Engagement Letter - Business Tax Return

last updated December 23rd, 2024

This letter is to confirm our understanding of the terms of our agreement and outline the nature and extent of services we will provide. Based on the information you furnish to us, we will prepare your Federal and applicable state income tax returns for the tax year noted in your proposal. We will not audit or verify the data you submit to us, although we may ask you for clarification when necessary.

Our work relationship is a partnership. At times we will request documents and information from you. We require responses to our questions relatively quickly to ensure that work is completed to a high level of quality. Should we not hear back from you, we may remind you several times, as capacity allows. Should we not hear back, your file will be moved to the bottom of the queue which can result in late completion of your work. Note that adverse consequences such as interest or penalties from government agencies may apply in these situations.

All the information you submit to us will, to the best of your knowledge, be correct and complete and include all other information necessary for the completion of your tax return. We will also prepare estimated tax vouchers for the year following the tax year noted in your proposal if required, based on your income taxes for the year prior. If you anticipate a substantial change in income taxes for upcoming year's tax return, please advise us as soon as possible. We will then determine whether an adjustment should be made to your tax estimates.

Your returns are subject to review by the taxing authorities. Any items that may be resolved against you by the examining agent are subject to certain rights of appeal. In the event of an examination, we will be available upon request to represent you, or to review the results of any examination. Billing for these additional services will be at our standard rates. The charges for our services are based on our fee schedule and the complexity of the returns.

You have the final responsibility for your income tax returns. Please review them carefully before you authorize us to electronically file them (or sign and mail them yourself).

If the above is in accordance with your understanding of the terms and conditions of our agreement, your acceptance of the proposal sent to you from High Echelon for tax services constitutes your acceptance of this engagement letter.