Elan And The Competition Boat Industry

1401 words - 6 pages

Business LetterTiwanna RobinsonACC 304Tiffin UniversitySeptember 7, 2014Dear Client:Thank you for the privilege of allowing us to provide you with year-round tax services. We are committed to providing you the highest quality of tax preparation and excellent service. This engagement letter expresses the terms and conditions under which we will provide you with tax services, and it outlines responsibilities for each of us.Preparation: We will prepare your individual/business/entity tax returns for the period(s) you provide us with specific information. We will not audit or otherwise verify the data you submit, although we may ask you to clarify some of it for us. We will render such bookkeeping assistance as we find necessary for the preparation of the income tax returns at an additional charge when necessary to properly prepare the return.We will furnish a questionnaire/organizer to help you gather the necessary information. The client agrees to provide us with all the information required to prepare your return(s) representing that the information is accurate and complete to the best of your knowledge. The client is responsible for the proper recording of transactions in the books of accounts, for the safeguarding of assets, and for the substantial accuracy of the financial records. You also represent that the income and expense items you claim on your return(s) are substantiated by proper records and receipts. The client is also responsible for maintaining sufficient documentation to substantiate all items of income and deduction claimed, including travel and entertainment expenses. You are ultimately responsible for the accuracy of your return(s) and should review all returns carefully before signing.It is recommended that the client provide photocopies of all tax documents to prevent any loss of data. TaxRoute, LLC will not be responsible for lost originals. Mailing your tax return is your responsibility. We provide pre-addressed envelopes, but no postage is included. TaxRoute, LLC conducts business via the U.S. Postal Service unless the client requests otherwise, and will not be responsible for any lost or stolen documents.We intend to explain that every item in the tax return is important because it will be the basis for computation of taxable amount and the tax to be paid by individuals or organizations. As a general rule, we require that all information be provided to us no less than 30 days prior to the date when you expect us to deliver your tax return(s). Be aware that if you submit your data after the date requested, we may not be able to keep our commitment in term of delivery. Although we will endeavor to extend the due date of your tax return(s) if they are not done by the tax filing deadline, ultimately you may be subject to late filing penalties because of the delay.If there is an error on the return which results from incorrect information supplied by you, you are responsible for the payment of any additional taxes which would...

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