Tax Return Engagement Letter For Businesses (Form 1120, 1120s, 1065) printable pdf download

Tax Return Engagement Letter for Businesses (Form 1120, 1120S, 1065)

Client:

Tax Return Type:

Dear Client:

This letter is to confirm and specify the terms of our engagement with you for the year

ended December 31, 2010 and to clarify the nature and extent of the services we will

provide. Also, by sending you this engagement letter we have assumed that you are the

person responsible for the tax matters of the partnership. If this is not a correct

assumption, please provide us with the name of the tax matters partner.

We will prepare the federal and state income tax returns for the entity stated above and

we will advise you on income tax matters for which you specifically ask our advice. This

firm is responsible for preparing only the returns listed above.

We will not audit or verify the data you submit, although we may ask you to clarify it, or

furnish us with additional data. Our work in connection with the preparation of your

income tax returns does not include any procedures designed to discover defalcations or

other irregularities, should any exist. However, should we find any irregularities or

unusual items we will bring them to your attention. If we discover any errors or

omissions on a prior year return we will bring that to your attention. We will render such

accounting and bookkeeping assistance as we find necessary for preparing the income tax

returns.

We will use our judgment in resolving questions where the tax law is unclear, or where

there may be conflicts between the taxing authorities’ interpretations of the law and other

supportable positions. Unless otherwise instructed by you, we will resolve such questions

in your favor whenever possible.

The law provides various penalties that may be imposed when taxpayers understate their

tax liability. If you would like information on these penalties, please contact us. If your

entity is an S Corporation or partnership, tax attributes of the entity generally flow

through to its partners or members. The penalty for substantial understatement of tax

relating to this S Corporation or partnership may be imposed on the partners or members.

8151 E Evans Rd, #7

Ph: (480) 626-2760

Scottsdale, AZ 85260

Fax: (480) 422-9765

Tax Return Engagement Letter For Businesses (Form 1120, 1120s, 1065)