Fillable 2015 Partnership Tax Return Engagement Letter printable pdf download

2015 Partnership Tax Return Engagement Letter

Must Be Signed and Returned

Dear Client:

This letter is to confirm and specify the terms of our engagement with _____________________

for the year ended December 31, 2015 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.

Our engagement will be designed to perform the following services:

Prepare the federal, state, and local income tax returns with supporting schedules from

information that you will provide to me.

Perform any bookkeeping necessary for preparation of the income tax returns.

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 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. Because this is an

entity whose tax attributes flow through to its partners or members, the penalty for substantial

understatement of tax relating to this entity may be imposed on the partners or members.

Management 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 have the

final responsibility for the income tax returns and, therefore, you should carefully review them

before you sign and file them.

The filing deadline for the tax return is April 15, 2016. In order to meet this filing deadline, the

information needed to complete the return should be received in this office no later than March

25, 2016.

If an extension of the time is required, any tax that may be due with this return must be paid

with that extension. Any amounts not paid by the filing deadline may be subject to interest

and late payment penalties.

2015 Partnership Tax Return Engagement Letter