Dear Client:

 

Thank you for choosing In-House Accounting & Tax Services to assist with your accounting, payroll and/or tax needs. This letter confirms the terms of the engagement with you and outlines the nature and extent of the services we will provide.

 

We will prepare your federal and state income tax returns. We will depend on you or the management to provide the information we need to prepare complete and accurate returns. We may ask you or the management to clarify some items but will not audit or otherwise verify the data submitted. An organizer will be provided to help you collect the data required for your return. The Organizer will help you avoid overlooking important information. By using it, you will contribute to the efficient preparation of your returns and help minimize the cost of our services.

 

We will perform accounting services only as needed to prepare the tax returns. Our work will not include procedures to find defalcations or other irregularities. Accordingly, our engagement should not be relied upon to disclose errors, fraud, or other illegal acts, though it may be necessary for management to clarify some of the information submitted. We will inform you or the management of any material errors, fraud, or other illegal acts we discover.

 

The law imposes penalties when taxpayers underestimate their tax liability. Call us if there are any concerns about such penalties.

 

Should we 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. We will ultimately adopt, on your behalf, the alternative selected by you or the management.

 

Our fee will be based on the time required at standard billing rates plus out-of-pocket expenses. Invoices are due and payable upon presentation. To the extent permitted by state law, an interest charge may be added to all accounts not paid within thirty (30) days.

 

We will return the original records to you or to the management at the end of this engagement. Store these records, along with all supporting documents, in a secure location. We retain copies of the records and our work papers from the engagement for up to seven years, after which these documents will be destroyed.

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If you or the management have not selected to e-file the returns with our office, you or the management will be solely responsible to file the returns with the appropriate taxing authorities. You or the officer should review all tax-return documents carefully before signing them. Our engagement to prepare your tax returns will conclude with the delivery of the completed returns to you or to the management, or with e-filed returns, with the tax matters representative's signature and our subsequent submittal of the tax returns.

 

Thank you for the opportunity to be of service.

For further assistance, contact our office at (425) 697-3674.

 

Sincerely,

Jeanette Eliassen

In-House Accounting & Tax Services, LLC.

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