We appreciate the opportunity prepare your individual income tax return for you in this 2024 Season! 

This letter sets for the services the firm provides as part of the tax preparation process, states potential conflicts of interest, and outlines your responsibilities as a client. The return will be prepared based on the information and documentation you provide without independent verification by the firm. The firm will provide you with a tax preparer to assist you in the gathering and organizing the required tax return data in order to keep the tax preparation fees to a minimum. 

You will make available information about all your income and deductions so that substantially correct amounts of income and tax can be properly reported. It is your responsibility to maintain, in your records, the documentation necessary to support the data used in preparing your tax returns. This firm is not responsible for the disallowance of doubtful deductions or inadequately supported documentation, nor for resulting taxes, penalties and interest. You are expected to promptly provide required follow-up materials and any missing information. 

If the firm has not received all your tax return information in early April, we may not be able to complete the return before the filing deadline. If this happens you may be subject to late filing and/or late payment penalties. The preparation fee does not include responding to inquiries or examination by taxing authorities. However, the firm is available to represent you and the fees for such services are at the firm’s standard rates and would be covered under a separate engagement letter. 

FEES FOR SERVICES: Will be at the firm’s standard rates plus out-of-pocket expenses. In some circumstances, a retainer may be required. Payment for services is due when rendered and, in some circumstances, interim billings may be submitted as work progresses and expenses are incurred. You will be provided with copies of the completed returns. It will be your responsibility to review the documents before signing and filing the returns or signing the authorization for the firm to electronically file the returns to verify that the information is correct and accurate.

If the decision is made to pay client fees using the refund from the IRS, and the IRS reduces the amount of the refund to an amount LESS THAN the fees agreed upon, the client is responsible for payment of the entire fee amount.

METHODS OF COMMUNICATION: TaxDaddy’s chief preparer, Tommy Morton, has a hearing impairment, and requests that all communication be done via email (tommy@taxdaddy.net), or in more pressing situations, text messaging may be used. Calls to the TaxDaddy phone line will be replied to via text message, giving instruction to contact Tommy via email.

POST APRIL 1ST EXTENSIONS: On all quotes requested after April 1st, TaxDaddy reserves the right to file an extension on behalf of their clients. All clients will receive an extension confirmation if their return has not been filed as Deadline Day approaches. The goal is to have all returns filed by the April 15th Deadline Day, but based on volume, the company may need extra time to file returns for all clients.

HOURS OF COMMUNICATION: Our goal is to be as available to clients as much as humanly possible, especially during the season. The goal for communication turnaround during the season is 24 hours, while that time may stretch to 72 hours during the “offseason” (April 16th - December 31st). During the filing season, preparers will be in the office from 11am-7pm each day, though we will be answering communications outside those hours as much as possible.

ITEMIZED FEE SHEETS: are available for each client before transmission and will be furnished to each client upon filing. Fees are set in stone and can only be changed as part of a promotion, if the client meets certain requirements (military service, bar & restaurant employees, etc).

DISENGAGEMENT: Either party may elect to disengage, either this season or for future seasons, at any time. The disengaging party is required to let the other know in writing to officially end the working relationship.

PAYMENT OPTIONS: Filers can pay for services through one of the following methods: Zelle, Venmo, CashApp, Cash, or fees can be taken from the refund (only if the filer is owed a refund from the IRS). Fees must be paid up front for anyone that has a negative return (where the filer owes money to the IRS).

** To continue with a quote, please respond “I have read and understand the motions put forth in the Engagement Letter sent by TaxDaddy Inc.” to tommy@taxdaddy.net.