Letter of Engagement Form

Thank you for choosing [NMG TAXES LLC] for your tax preparation needs. This letter confirms the terms of our engagement and outlines the responsibilities of both parties. Please review this agreement carefully and sign below to proceed.

We will prepare your federal and applicable state income tax returns (the “returns”) based on the information you provide. We will work hard to find all the credits and deductions you are legally entitled to. This engagement is limited to the preparation of these returns and does not include services for other tax years or other filings unless agreed upon in writing. Our engagement may or may not conclude when the completed returns are delivered to you. We offer simple single services at competitive rates or comprehensive services for year-round support. We have a flexible array of services and will further discuss your potential options.

To ensure accurate and timely filing, you agree to: - Provide all necessary and accurate information within a timely manner. - Notify us of any financial interest or authority over foreign accounts exceeding $10,000, which may require additional reporting (e.g., FinCEN Form 114). - Retain supporting documentation for income, deductions, and credits reported. You are solely responsible for the accuracy of the information provided. We will not audit or verify your data but may ask for clarification where necessary.

Tax returns may be selected for review by tax authorities at random. The IRS and state taxing authorities impose penalties for certain offenses, including understatement of income, filing after the deadline, underpaying estimated taxes, or under withholding taxes. If this occurs, we are available to assist with representation under a separate engagement agreement.

Tax preparers are bound by professional standards of confidentiality. Therefore, we have always protected 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 services to you.

Our fees are based on the complexity of your return and the time required to prepare it. An estimate will be provided upon request. Payment is due upon completion of services. Late payments may incur interest. Additional charges may apply for services beyond the agreed scope or if extraordinary circumstances arise during the engagement.

We are committed to providing accurate and compliant services. However, you are responsible for penalties, interest, or additional taxes resulting from understated liabilities or omissions due to incomplete or inaccurate information provided to us. Our liability is limited to the fees paid for our services under this engagement.

Any disputes arising from this engagement will first be submitted to mediation in [Palm Beach County, Florida]. If litigation becomes necessary, it will be conducted exclusively in [Palm Beach County, Florida], governed by [Florida's] laws.

We retain engagement records for seven years. Original documents will be returned to you upon completion. Copies of tax returns will be provided, but other engagement files remain our property. ---If you agree to the terms outlined above, please sign and submit this form. Please provide the required documentation as soon as you are able to. We look forward to assisting you with your tax needs and appreciate your trust in [NMG TAXES LLC].

I have read and understand the terms of this engagement letter and agree to the terms as stated.

Required forms and information for Tax Prep

Required forms and information for Tax Prep