Microsoft Word CORP Engagement ANNUAL 2015 Grace .pdf

Preview of PDF document microsoft-word-corp-engagement-annual-2015-grace.pdf

Page 1 2 3 4 5 6

Text preview

You are required to file various tax returns and reports to governmental agencies other than corporate
income tax returns. These include estimated tax returns, property tax and business tax statements, real
property payments, etc. If you request our services for preparing these returns we will be happy to
provide this service at our hourly rates.

Retirement Planning
We will discuss with you various retirement plan options for your officers. If the need arises, we will
refer you to an actuary for technical retirement plan calculations.

We recognize the personal and private nature of the service we provide. In addition, your confidentiality
privilege can be inadvertently waived if you discuss the contents of any privileged communication with a
third party, such as a lending institution, a friend, or a business associate. We recommend that you contact
us before releasing any privileged information to a third party. As a corporation, you need to be especially
careful about privileged communications. If a communication is made in the presence of a corporate
employee who is not authorized to act or speak for the corporation in relation to the communication’s
subject matter, then the communication will be deemed to be made in the presence of a third party and any
privilege will be waived.
If we are asked to disclose any privileged communication, unless we are required to disclose the
communication by law, we will not provide such disclosure until you have had an opportunity to argue that
the communication is privileged. You agree to pay any and all reasonable expenses that we incur, including
legal fees, that are a result of attempts to protect any communication as privileged.
We recognize that you value timeliness in the preparation of your tax return(s). 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).
Specifically, we will set an interview appointment with you upon your return of this engagement letter. You
will submit your income tax information to us at your interview. If, for any unforeseen reason, your data is
not complete at that time, we will request you submit immediately whatever is ready and send or deliver the
balance by a certain date to keep within the tax filing deadlines.
Please be aware that if your data is incomplete or is submitted after the date requested, we may not be able
to keep our commitment in terms 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 this delay.

Initial here_________ to approve extension filing if required.
It is our policy to keep records related to this engagement for five years. However, L.A. Tax Service, LLP
does not keep any original client records, so we will return those to you at the completion of the services
rendered under this engagement. When records are returned to you, it is your responsibility to retain and
protect your records for possible future use, including potential examination by any government or

initials ______