LQ FINANCIAL GROUP = US, LQ FINANCIAL GROUP, TAX PREPARER
YOU = YOU, CLIENT, TAXPAYER
BOTH = PARTIES

 

We are pleased to be able to serve you in preparing your (2023) federal and/or state income tax returns. This letter is to specify and confirm the terms of our engagement with you and to clarify the nature and extent of the services we will provide. We want to lay out the full expectations of us, you, and our relationship in the agreement.

 

LQ FINANCIAL GROUP will prepare your (2023) federal and/or requested state income tax returns from the information you will furnish us. We will not audit or otherwise verify the data you submit, although it may be necessary to ask you for clarification of the information provided through our required due diligence. We may furnish document requests and/or other worksheets to guide you in gathering the necessary information. This will assist in making sure we have the proper documents needed to accurately and diligently complete your tax return preparation.

 

LQ FINANCIAL GROUP is dedicated to providing comprehensive services for the completion of your tax return. Our responsibilities include a thorough review and organization of all your financial documents, such as income statements, receipts, and relevant tax documents.

 

We will prepare both your federal and/or state income tax returns, calculating taxable income, compliance, applying appropriate deductions and credits, and determining tax liability or refund. Additionally, we offer basic tax planning advice to help you understand your tax situation and make informed decisions for the future. We will diligently work to make sure your return is completed promptly and as accurately as possible based on the submitted information.

 

In the process of preparing your tax return, LQ FINANCIAL GROUP may need specific documents and information from you. You agree to provide these promptly to facilitate efficient tax return preparation. We will inform you of these requirements as they are identified.

You are responsible for supplying all relevant financial information necessary for your tax return, including bills, invoices, receipts, tax statements, w2s. 1099s, p&l, other income support, deduction support, dependant verification, identity, and residence verification, and any other pertinent documents. The accuracy of this information is your responsibility, and LQ FINANCIAL GROUP shall not be liable for any issues arising from inaccuracies in the information you provide.

 

We are committed to providing transparent and fair pricing for our services. Our goal is to deliver high-quality tax preparation services that meet your needs and comply with all tax laws and regulations. All fees will be communicated to you directly via written communication upon completion of your tax preparation services but prior to filing your tax returns for your acceptance. 

 

Payment is due upon completion of the tax preparation services and prior to filing your tax returns. We accept various forms of payment, detailed in our final invoice.

 

In the event that it is determined that the client owes a tax obligation, the client agrees to pay all tax preparation fees in full upfront prior to the filling of the return. You agree and understand that in this scenario the return will not be filed unless full payment is made prior.

 

In the event that it is determined that the client will recieve a tax refund, the client may pay all fees due upfront or may have the option of paying the tax preparation fees directly out of the refund amount as determined by LQ FINANCIAL GROUP and/or its 3rd party tax preparation partner.

 

In the event that you qualify to have your tax preparation fees taken directly out of your anticipated tax refund, you agree to have these fees deducted directly from your refund by LQ FINANCIAL GROUP and/or its 3rd party tax preparation partner and the balance then forwarded to you via your designated preferred means (direct deposit, check, backcard, etc). In this scenario our 3rd party tax preparation partner may create temporary proprietary bank accounts on its end to facilitate this transaction and prior to forwarding the balance to the clients designated preferred means. This temporary bank account info will only be accessible by our 3rd party partner and will only be used to facilitate the payment of all due fees prior to forwarding the balance to the client.

 

In the event of a refund reduction, for any reason, in the actual refund amount that does not cover all of your tax preparation fees, post-filing, you agree to pay any and all fees due directly to us in one of our accepted payment forms within 14 days of being notified of this information by us or the taxing authority. 
 

Client agrees that if He/She owes any taxes, prior obligations, back taxes, child support, penalties, settlements, fines, or any other "offsets"  that would reduce the refund beyond the amount needed to cover the tax preparation fees in full will have to be paid upfront before the return is filed.

 

DATA INTEGRITY
It is your responsibility to provide all the information required for the preparation for the completion of complete, comprehensive, and accurate tax returns. You should retain all the documents and other data that form the basis of your income, credits, deductions, and other relevant data. These may be necessary to support the accuracy of the tax returns to a taxing authority at any time. Current tax laws state that you have the final responsibility for the income tax returns. You therefore should review them carefully before signing them and/or approving submission the the proper taxing authorities either electronic, traditional mailing, or other means.

Our engagement cannot be relied upon to disclose errors, irregularities, or illegal acts, including fraud and defalcations, which might exist. We will perform accounting and bookkeeping assistance only as determined to be necessary for preparation of the income tax returns. In addition, we will use professional judgment in resolving questions where the tax law is unclear, or where there might be conflicts between the taxing authorities’ interpretation of the law and other supportable positions. Unless otherwise instructed by you, we will resolve such issues with you and maintain client advocacy whenever possible.

 

CONFIDENTIALITY
We treat any information concerning our clients and former clients with strict confidentiality. Consistent with that policy, we restrict access to nonpublic personal information concerning you to staff members who have a business need to know and to provide you the services for which you have retained us. We do not disclose any personal or confidential information to anyone else without your express permission to do so, except as permitted or required by law. In addition, we maintain physical, electronic, and procedural safeguards to guard your nonpublic personal information.

 

DOCUMENT RETENTION
It is our policy to keep records related to this engagement for ten (10) years after which they are destroyed. However, we do not keep any original client records and we will return those to you after the services rendered under this engagement are complete. When records are returned to you, it is your responsibility to retain and protect your records for possible future use, including potential examination by any government or regulatory agencies.

 

AUDIT OR EXAMINATION
Your tax returns may be selected for review by the taxing authorities state, local, federal, or other relevant authorities. Any proposed adjustments resulting from that review or audit are subject to certain rights of appeal. In the event of such government review or tax examination, we will be available upon request to represent you should you opt into our audit protection services. If not opted into audit protection we may charge additional fees for the time and expenses incurred.

 

As additional consideration for us to provide you these services, you agree that the extent of our liability for damages to you for any actions taken will not exceed the total amount paid by you for our services.

Unless a fraud claim is asserted, you agree that this will be your only remedy and you hereby waive any other claims you have now or in the future for actual, incidental, and consequential damages, including, but not limited to, lost profits and third‐party claims.  

 

DISPUTE RESOLUTION
All disputes related to the terms and conditions and/or performance of this engagement shall be settled amicably by mutual discussion. Any disputes that may remain unresolved for more than 30 (thirty) days following the receipt of a Notice of Dispute may be referred to binding arbitration at the request of either party upon written notice to the other via the American Arbitration Association and under its rules.  

 

TERMINATION
Each party has the right to terminate this engagement at any time, for any reason. The terminating party must notify the other party of termination via written communication ie; certified mail or email with no minimum notice. In the unlikely event that we terminate this engagement, there will be no refund due for fees already paid. In the event of mutual termination of this engagement, no refund will be due unless specifically agreed upon in writing by both parties.

In the event of termination by the Client not related to misconduct, fraud or other bad faith action client agrees to pay LQ FINANCIAL GROUP in full, for any remaining balances owed within 14 days of termination.

 

APPLICABLE LAW
Regardless of the location of the client, their residence, or business, this engagement shall be governed by the laws of the State of Texas and/or the appropriate Federal Government entity.

 

COMPLETE AGREEMENT
This engagement agreement is the exclusive agreement between us regarding the specified tax year's income tax return preparation. It overrides all previous related agreements, whether they were written or verbal. This agreement, and its execution, are based solely on the terms and conditions stated herein, without influence from any external promises or understandings. Any changes or modifications to this agreement will only be recognized as valid if they are formally documented in writing and signed by both parties.

I acknowledge and agree to the terms and conditions outlined in this engagement letter for LQ Financial Group's tax preparation services for all applicable tax years to which i am requesting their services.

CONSENT TO DISCLOSURE OF TAX RETURN INFORMATION
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For the purposes of this consent form, “we,” “us,” and “our” mean;
LQ FINANCIAL GROUP.

Federal law requires this consent form be provided to you. Unless authorized by law, we cannot disclose your tax return information to third parties for purposes other than the preparation and filing of your tax return without your consent. If you consent to the disclosure of your tax return information, Federal law may not protect your tax return information from further use or distribution.

 

You are not required to complete this form to engage in our tax preparation services. If we obtain your signature on this form by conditioning our services on your consent, your consent will not be valid. If you agree to the disclosure of your tax return information, your consent is valid for the amount of time that you specify. If you do not specify the duration of your consent, your consent is valid for one year from the date of signature.

 

You have indicated that you are interested in receiving an Electronic Disbursement Service and/or Loan (or collectively, “Products or Services”) from Pathward, National Association. In order to provide you with the opportunity to apply for one of these Products or Services, we must disclose all of your 2023 tax return information necessary for evaluating the request to Pathward. If you request a more limited disclosure of tax return information, you will not be eligible to submit an application request for these Products or Services. If you would like us to disclose your 2023 tax return information for this purpose, please sign and date your consent to the disclosure of
your tax return information.

 

By signing below, you authorize us to disclose to Pathward all of your 2023 tax return information necessary for the evaluation and processing of your request for a Product or Service. You understand that if you are unwilling to authorize the disclosure and sharing of your tax return information with Pathward, you will not be able to obtain a Product or Service, but you may still choose to have your tax return prepared and filed by us for a fee.

CONSENT TO USE OF TAX RETURN INFORMATION
{taxpayerName}
{spouseName282}

 

For the purposes of this consent form, “we,” “us,” and “our” mean;

LQ FINANCIAL GROUP.

Federal law requires this consent form be provided to you. Unless authorized by law, we cannot use your tax return information for purposes other than the preparation and filing of your tax return without your consent.

 

You are not required to complete this form to engage in our tax return preparation services. If we obtain your signature on this form by conditioning our tax preparation services on your consent, your consent will not be valid. Your consent is valid for the amount of time that you specify. If you do not specify the duration of your consent, your consent is valid for one year from the date of signature.

If you do not consent, you may still have your tax return prepared and electronically filed by us for a fee.

 

For your convenience, we have entered into an arrangement with third parties to provide qualifying taxpayers with the opportunity to apply for an Electronic Refund Disbursement Service and/or Loan product. To determine whether these products may be available to you, we will need to use your tax return information in order to calculate the amount of your anticipated refund.

 

If you would like us to use your tax return information to determine whether these products may be available to you while we are preparing your return, please sign and date this consent to the use of your tax return information.

 

By signing below, you authorize us to use the information you provide to us during the preparation of your 2023 tax return to determine whether to present you with the opportunity to apply for these products and services.