801 W. FIREWEED LANE, STE 202 ANCHORAGE, AK 99503
This letter is to confirm and specify the terms of the engagement between Bassler & Redick CPAs, LLC and you and to clarify the nature and extent of our services.
We will prepare your 2023 federal income tax returns from information which you will furnish to us. We will not audit or otherwise verify the data you submit, although it may be necessary to ask you for clarification of some of the information. We will not prepare or advise on sales tax returns with this engagement letter. State income tax returns will be prepared as requested below; please indicate any required state filings next to your signature.
Unless you instruct us otherwise at least 45 days prior to the March 15, 2025 tax filing deadline, we will file an extension for your 2024 federal income taxes. An extension postpones the filing deadline, but does not postpone the payment deadline.
It is your responsibility to provide all the information required for the preparation of complete and accurate returns. You should retain all the documents, cancelled checks and other data that form the basis of income and deductions. These may be necessary to prove the accuracy and completeness of the returns to a taxing authority. You have the final responsibility for the income tax returns and, therefore, you should review them carefully before you sign them. We will retain copies of your returns for three years.
Our work in connection with the preparation of your income tax returns does not include any procedures designed to discover defects, theft, fraud, and/or irregularities. We will render such accounting and bookkeeping assistance as determined to be necessary for preparation of the income tax returns. The law provides various penalties that may be imposed when taxpayers understate their tax liability. If you would like information on the amount or the circumstances of these penalties, please contact us. Your returns may be selected for review by the taxing authorities. Any proposed adjustments by the examining agent are subject to certain rights of appeal. In the event of such government tax examination, we will be available upon request to represent you and will render additional invoices for the time and expenses incurred. In the event of any government tax notices, we will be available upon request to represent you and will render additional invoices for the time and expenses incurred.
Tax return preparation begins at a base fee of $575 with an additional hourly rate of $225 per hour. Adjustments for fees may be made based on the complexity of the return; an hourly invoice for tax preparation will not be provided. Additional charges may apply for direct expenses including, but not limited to, postage, efiling fees, software fees.
Your original tax preparation documents must be picked up at our office upon completion of your tax return. Original documents not picked up by November 15 will be returned to you via certified mail; a bill for postage and handling will be included. Handling fee is no less than $30. All invoices are due and payable upon presentation. Invoices not paid within 45 days of presentation will be assessed monthly interest of 3%. We reserve the right to outsource to third parties domestically and internationally.
Bassler & Redick CPAs will not prepare Beneficial Ownership Information Report filings.
Please list all entities and state filings you give permission to Bassler & Redick CPAs to prepare.