Thank you for choosing KWatson Financial Services to assist with your tax preparation and financial needs for the 2024 tax year. We appreciate your trust in our services, and we are committed to providing you with a seamless and transformative experience that goes beyond tax filing.
By signing this engagement letter, you agree to the following terms and conditions:
1. Accurate Information: You affirm that all the information provided to KWatson Financial Services is true, complete, and accurate to the best of your knowledge. This includes any income, deductions, credits, and other relevant financial details.
2. Permission to File: You give KWatson Financial Services permission to prepare and electronically file your federal and state tax returns for the 2024 tax year. By signing this letter, you agree to transfer your signature to all necessary forms, including IRS Form 1040 and any supporting documents.
3. Honest and Accurate Feedback: Our team will provide transparent and accurate feedback regarding your tax return and any financial strategies we recommend. We aim to maximize your refund (where applicable) while ensuring compliance with tax laws and regulations.
4. Additional Services: At KWatson Financial Services, we are committed to upgrading your financial well-being. In addition to tax preparation, we offer a variety of services to help you enhance your financial health, including:
•Credit repair solutions to improve your credit score.
•Life insurance options to protect you and your loved ones.
5. Confidentiality and Data Security: Your personal and financial information will be stored safely and securely. We treat all information you provide as strictly confidential, and it will only be used for the purposes outlined in this engagement letter. We are committed to maintaining the privacy of your data and ensuring it is handled in compliance with all applicable privacy laws.
6. Your Financial Upgrade: This is more than just a tax filing process. It’s an opportunity to improve your overall financial outlook. We look forward to working closely with you to achieve your financial goals and create a better future.
- I acknowlege by signing this form if I and/or my spouse owes a federal/governement debt such as IRS, child support, student loans etc., I/we are still responsible for tax preparation fees due to KWatson Financial Services at the time of service. Also, if the federal refund amount is mailed, I/we are still responsible for the tax preparation fees stated on the invoice. If the tax preparation fees are not paid, I understand KWatson Financial Services will take legal action to collect the unpaid tax preparation fees.
Overview of Backend Fees
https://kwatsonfinancialservices.com/pages/fees
As part of the services provided, the following backend fees apply to all bank product/refund transfer returns processed through the software:
Assited Refund Fee & Document Prep Fee
Transmitter Fee
Technology Fee
E-file Fee
ADVANCE FEES
$0-$1,000 NO COST
$1,250 TO $7,000 ADDITONAL FEES WILL BE ADDED TO RETURN
Scope of Services Fees
The fee for the preparation of your federal starts at $150 for single filers and starts at $400 with dependents. This fee covers the preparation only. Additional fees are assoicated with the prep fee which is the backend fees listed above.
Payment Method
You have chosen the following payment option for your tax preparation fees (check one):
☐ Pay Upfront: I agree to pay the tax preparation fee in full at the time of service via [cash, credit card, debit card, etc.].
☐ Refund Transfer: I agree to have my tax preparation fees deducted from my tax refund, and I understand that additional bank fees may apply for this service.
☐ Refund Advance Loan: I agree to apply for a refund advance loan, and I understand that my tax preparation fees will be deducted from my loan proceeds if approved.
If you choose to pay through a refund transfer or refund advance loan and your tax refund is insufficient or delayed, you agree to pay the remaining balance due within [X] days of notification. Failure to pay within this timeframe may result in additional late fees.
Refund Delays or Insufficiency
If your tax refund is delayed by the IRS or state tax authorities, or if your refund is insufficient to cover the tax preparation fees, you are responsible for paying the balance of the fees within 30 days of notification.
-By signing below, you acknowledge that you have read, understood, and agreed to the terms outlined in this letter. You also confirm that you authorize KWatson Financial Services to act on your behalf in the preparation and filing of your 2024 tax returns.
We are excited to work with you and help you take the next step toward financial success.
Sincerely,
KWatson Financial Services