Thank you for choosing KW TAX PROS LLC for your tax preparation needs. This engagement letter outlines the terms and conditions of our professional relationship for the preparation of your tax return. Please review this letter carefully and feel free to contact me with any questions or concerns.

1. Services Provided:

I will prepare your federal and state income tax returns based on the information you provide.

My services include:

Accurate and timely preparation of your tax return.
Identification of deductions, credits, and other applicable tax-saving strategies.
Electronic filing of your tax return with the IRS and state authorities.

2. Client Responsibilities:

To ensure accurate and timely preparation, you agree to:

Provide complete and accurate information for the tax year in question.
Respond promptly to any requests for additional documentation or clarification.
Review your completed tax return before submission to verify accuracy.
Please note that I rely on the information you provide, and I am not responsible for verifying the accuracy or completeness of your data.

3. Fees and Payment Terms

The fee for my services ranges from $500 to $1,500, depending on the complexity of your return. Once your tax return is completed, you will be invoiced for the preperation fee. Although, this fee is not due upfront. All fees should be paid no later than 4/15 of each year.

Please note that this fee is due regardless of the status of your refund.

4. IRS Refund Offsets

While I will work to maximize your refund based on the information you provide, please be aware that the IRS may offset (reduce or withhold) your refund to pay any outstanding federal or state debts (e.g., back taxes, student loans, child support, etc.). In the event of an IRS offset, the full tax preparation fee remains due and payable.

5. Payment and ACH Authorization

After the invoice is sent, you will have 15 days to make payment in full. Should payment not be received within this period, I will initiate an automatic ACH draft from the bank account you have provided. By signing this engagement letter, you authorize Williams Financial to process the ACH payment for the amount invoiced.

6. Confidentiality

Your privacy is of utmost importance to me. I will not disclose any personal or financial information to third parties without your express consent, except as required by law.

7. Limitation of Liability

While I strive for accuracy in every return prepared, I am not responsible for any errors or omissions resulting from incomplete or inaccurate information provided by you. Additionally, I am not liable for any penalties, interest, or additional taxes assessed due to delays caused by the IRS or state authorities.

8. Termination of Services

Either party may terminate this agreement at any time with written notice. In the event of termination, you will be responsible for payment for services rendered up to the point of termination.

9. Acknowledgment and Agreement

By signing this engagement letter, you agree to the terms outlined above, including the payment of the preparation fee in the event of an IRS offset and the authorization of ACH payments for any outstanding balances.

Please sign and return this letter to indicate your acceptance of these terms.

Thank you for choosing KW TAX PROS for your tax preparation needs. I look forward to assisting you.