Dear Valued Client(s):
OnTheMarkTaxes, LLC is appreciative to provide you with the professional services as described below. This Engagement Letter is to confirm our understanding of the terms and objectives of our engagement; the nature and limitations of the services we will provide. We will administer our services in accordance with Internal Revenue Service Statement on Standards for Tax Services.
We will prepare your Federal, and home State income tax, if applicable, return(s) for you for the 2025 Tax Year from information that you provide to us. We will also prepare any other State income tax return(s) that you identify and authorize us to prepare. We will not audit or otherwise verify the data you submit to us, although we may ask you to clarify some of the information.
We will provide you with an income tax organizer/tax information checklist to help you gather and document the information we will need to prepare your income tax return(s). We ask that you complete the tax organizer/checklist and provide us with all supporting tax information (i.e. Forms W-2, 1099's, etc.)
You are responsible for determining your state or local tax filing obligations with any state or local tax authority, including, but not limited to, income, franchise, sales and use, and property taxes. If you ask us to prepare these return(s) additional charge(s) for those services will apply. You should retain all documents that provide evidence and support for your reported income and deduction(s) on your return(s). You are responsible for the adequacy and accuracy of all such documents. You may need to provide these documents to a taxing authority to substantiate the accuracy and completeness of the return(s).
You have the final responsibility for the accuracy and filing of your income tax return(s). Accordingly, please review them carefully for accuracy before you sign your tax return(s).
Should any government agency or creditor have first rights to your tax refund for account(s) in default, you will be responsible to pay for tax preparation fees at the time that filing is completed and/or refund is scheduled to be released. Preparation fees not paid are subject to late fees at 1.5% per month and collection fees/reasonable attorney fees.
All services performed in connection with the preparation of your income tax return(s) will be performed in our office located in Miramar, FL 33023.
We will prepare your return(s) based on your filing status (single, married filing jointly, married filing separately, head of household or qualifying widow[er] with dependent child). If your marital status has changed, you want to change your filing status, or you have questions about your filing status, please advise us.
Business (Schedule C), Rental (Schedule E) and Unreimbursed Employee Business Expenses (Form 2106):
Unless otherwise advised, you confirm that expenses such as meals, travel, entertainment, vehicle use, gifts, and related expenses for your business are supported by necessary records required by the Internal Revenue Service (“IRS”). At your request, we are available to answer your question(s) and advise you on the types of record(s) required.
We will use our judgment to resolve questions in your favor where a tax law is unclear if there is reasonable and legal justification for doing so. Whenever we are aware that a possibly applicable tax law is unclear or that there are conflicting interpretations of the law by authorities (e.g., IRS and courts), we will explain the possible positions that may be taken on your return. We will follow whatever position you request, so long as it is consistent with the current codes and regulations and their interpretations. If the IRS or State tax authorities should later contest the position taken, there may be an assessment of additional tax, interest, and penalties. We assume no liability for any such additional tax(es), interest, and penalties or other fee(s) and assessment(s).
Our work in connection with your income tax return(s) does not include any procedures designed to discover fraud, theft, or other irregularities, should any exist.
During the course of preparing your Tax Return(s) identified above, we may bring to your attention certain available tax saving strategies for you to consider as possible means of reducing your income taxes in subsequent tax years. However, we have no responsibility to do so, and will take no action with respect to any such recommendations, as the responsibility for implementation remains with you, the Tax Payer.
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 that we assist you in responding to such inquiry. In that event, we would be pleased to discuss providing assistance to you under the terms of a separate engagement letter for that specific purpose.
We appreciate the opportunity to serve you. Please sign and date the enclosed copy of this engagement letter to acknowledge your agreement with its terms. It is our policy to initiate services after we receive the signed copy of this engagement letter from you.
Sincerely,
OnTheMarkTaxes, LLC
I have read and understand the contents of this Letter of Engagement.
ACCEPTED BY: