"Company/Firm" - Myers Business Solutions
"Agent" - Myers Business Solutions Tax Preparer
"Client" - Individual(s) commited payment
Hello (Client):
Thank you for choosing Myers Business Solutions LLC, to assist you with your tax returns for this 2024 tax year. This agreement/acknowledgement confirms the terms of our engagement with the client and outlines the nature and extent of the services we will provide.
Myers Business Solutions will prepare and submit to you for filing the federal, state, and local income tax returns. The engagement only pertains to the current year (2024) tax returns and does not include any additional returns you may be required to file with other taxing authorities.
Myers Business Solutions will prepare the tax returns relying on the information and documents that you have provided. It is the clients' responsibility to provide Myers Business Solutions with timely and complete information and documentation for the preparation of your returns. Myers Business Solutions may ask client to clarify certain items that was provided, but Myers Business Solutions will not audit or verify any of this information. Therefore, our engagement cannot be relied upon to disclose errors, embezzlements, fraud, or other illegal acts should they exist. However, Myers Business Solutions will inform you of any such matters that come to our attention.
The law imposes penalties when taxpayers underestimate their tax liability. A checklist is available to help you collect the data required for your return and will help you avoid overlooking important information.
Your cooperation and timeliness are essential for us to complete this engagement. Myers Business Solutions must receive all information to prepare your return by April 08,2025, to ensure that your return will be completed no later than April 15,2025. If Myers Business Solutions have not received all of your information by April 08,2025 and your return is not completed by April 15,2025, you may be subject to late filing or late payment penalties. Myers Business Solutions do not file tax extensions for clients unless specifically requested to do so. An extension only allows additional time to file a return, it does not extend the time to pay any taxes that are due.
It is the clients' responsibility to maintain, in your records, the documentation necessary to support the data used in preparing your tax returns, including but not limited to the auto, travel, entertainment, and related expenses and the required documents to support charitable contributions over $250. If you have any questions as to the type of records required, please ask us for advice in that regard. It is also your responsibility to carefully examine and approve your completed tax returns before signing and sending them to the tax authorities.
Myers Business Solutions are not responsible for the disallowance of doubtful deductions or inadequately supported documentation, nor for resulting taxes, penalties, and interest.
Myers Business Solutions will use professional judgment in resolving questions where the tax law is unclear or where there may be conflicting interpretations of the law and other supportable positions. Unless otherwise instructed by the client, Myers Business Solutions will resolve such questions in your favor whenever possible.
The information the client provide will be kept confidential. Myers Business Solutions restrict access to your information and maintain physical, electronic, and procedural safeguards to protect your information.
Should Myers Business Solutions encounter instances of unclear tax law, or of potential conflicts in the interpretation of the law, We will outline the reasonable courses of action and the risks and consequences of each. Myers Business Solutions will ultimately adopt, on your behalf "Client", the alternative selected by client.
Myers Business Solutions fee will be based on the complexity of the return and will be quoted in advance of our work. However, if complications are discovered in the process of preparing your tax return, Myers Business Solutions may need to adjust the fee, before proceeding with the preparation of the return.
Myers Business Solutions will generally contact the client in advance if the original quote requires significant revision due to the amount of work involved. Invoices are due and payable upon presentation.
Myers Business Solutions will return your original records to client at the end of the engagement. Client should securely store these records, along with all supporting documents, etc., as these items may later be needed to prove the accuracy and completeness of a return. Myers Business Solutions will electronically retain copies of all the records for your engagement for five years, after which these documents will be destroyed.
If the client tax return is selected for audit by the IRS or by the state tax authorities, we are available to represent you or to prepare materials in response to correspondence. However, there are additional expenses incurred. Please let us know right away if you receive any letters from the IRS or any other tax agency. Myers Business Solutions will correct your return for free and pay any penalties if Myers Business Solutions is at fault. However, Myers Business Solutions will not be responsible for payment of any taxes owed.
Our engagement to prepare your tax returns will conclude with the delivery of the completed returns to you (if paper-filing), or your signature and our subsequent submittal of your tax return(if e-filing). If Myers Business Solutions is unable to e-file the clients' returns, the client will be solely responsible for filing the returns with the appropriate taxing authorities. Review all tax return documents carefully before signing them.
This letter can apply to future years of tax preparation services unless the agreement is terminated or amended in writing.
Myers Business Solutions appreciate the opportunity to serve all clients. Please sign and date the enclosed copy of this letter to acknowledge your agreement with the acceptance of your responsibilities and the terms of this engagement. It is Myers Business Solutions policy to initiate services after receiving the executed engagement letter.
Reespectfully,
Myers Business Solutions Team