Client Engagement Letter

Dear Valued Client,

This letter is to detail the terms of our engagement with you and to clarify the nature and extent of the services we will provide. To ensure an understanding of our mutual responsibilities, we ask all clients for whom returns are prepared to confirm the following arrangements. By providing us with your signature, you are accepting the terms and conditions specified in this letter.

OUR RESPONSIBILITIES

We will prepare your federal, state, and local income tax returns from the information you supply. We will not audit or otherwise verify the data you submit; however, it may be necessary to ask you to clarify some of the information that you have submitted. We will supply you with guides to assist you in gathering the information required to accurately complete your return. We reserve the right to assess additional bookkeeping charges if necessary.

We may ask for clarification of your submitted information. We are not responsible for discovering fraud or other irregularities, should any exist. We will work to find all the credits and deductions you are legally entitled to.

Our work in connection with the preparation of your income tax returns does not include any procedures designed to discover defalcations and/or irregularities, should any exist. We will render such bookkeeping assistance as necessary to prepare your income tax return.

YOUR RESPONSIBILITIES

It is your responsibility to provide all of the information required for the preparation of complete and accurate returns. You should retain all documents that form the basis of income, expenses, credits, and deductions. These may be necessary to prove the accuracy and completeness of their returns to a taxing authority. We will keep a copy of all documents as a precaution, so as to be readily available in the event that they must be submitted on your behalf.

• To provide all information necessary to draft a complete and accurate return

• To provide all of your information and respond to any requested clarifications in a manner

• To retain, all documents and data that attest to the claimed income and deductions in the event you have to provide them to a taxation authority

• To carefully review all documents provided by our office before you sign your completed return

• To not knowingly commit fraud

Ultimately, you are responsible for the filing of your income tax returns and, therefore, you should review them carefully before signing and approving for IRS transmission.

PENALTIES, EXAMINATIONS AND NOTICES

The IRS and state taxation authorities have the ability to impose penalties for certain offenses, including understatement of income, late filing after the published deadline, underpaying estimated taxes, or not withholding enough in taxes from your income. They can also select any return for examination.

There are various penalties that may be imposed when taxpayers understate their tax liability.

Your returns may be selected for review by federal taxation authorities, state taxation authorities, or both. Any proposed adjustments by the examining agent are subject to certain rights of appeal. Optional audit protection at an additional cost.

PRIVACY POLICY

Tax preparers are bound by professional standards of confidentiality. Therefore, we haveimplemented policies and procedures to protect your right to privacy. For current and former clients, we do not disclose any nonpublic personal information obtained in the course of our practice except as required or permitted by law, and as is necessary to properly provide our service to you.

Types of Nonpublic Personal Information We Collect

We collect nonpublic personal information about you that is provided to us by you or obtained by us with your authorization.

Parties to Whom We Disclose Information

We make information available to our employees and to non-affiliated third parties who need to know that information to assist us in providing services to you. In all such situations, we require a contractual agreement that includes procedural safeguards that protect the confidential nature of the information being shared.

Protecting the Confidentiality and Security of Former Client Information

We retain records relating to professional services that we provide so that we are better able to assist you with your professional needs and, in some cases, to comply with professional guidelines. In order to guard your nonpublic personal information, we maintain physical, electronic, and procedural safeguards that comply with our professional standards.

OUR FEES

We invoice for time spent, depending on schedules and forms completed and out-of-pocket expenses incurred. Our rates vary depending on the nature of the work performed. The fee assessed is not a direct reflection of your refund amount, and payment must be remitted whether or not youare due an income tax refund.

ARBITRATION

If a dispute arises out of or relates to this contract or engagement letter, or the obligations of the parties therein, and if the dispute cannot be settled through negotiation, the parties agree first to try in good faith to settle the dispute by mediation administered by the American ArbitrationAssociation under its commercial Mediation Rules before resorting to arbitration, litigation, or some other dispute resolution procedure.

AGREEMENT

The foregoing is in accordance with my (our) understanding of your engagement to provide tax and financial services and you are hereby advised that each item of revenue or expense can be substantiated by receipts, canceled checks, or other documents. This information is true, correct, and complete to the best of my (our) knowledge. Further, it is my understanding that these terms will continue to be enforced for the succeeding years of our engagement.

***Please note that by signing this form you are affirming that you have read and understood the above-mentioned details.

You attest that you understand that this information is being provided to the IRS and state tax authorities. You attest that your tax preparer advised that any false and misleading information that you provide for income tax filing purposes is against the law and is subject to penalties. You understand that Jackson & Co Financial is only liable for any errors and omissions on their part and responsible for any interest and penalties and not tax due

 

If you are in agreement with the conditions set forth above, please sign this letter in the space indicated. This letter will apply for all tax returns prepared for you by our tax preparers.

We want to express our appreciation for this opportunity to work with you.

Sincerely,

Jackson & Co Financial powered by Jaxon Forbez LLC