This letter confirms the terms under which Royal Roots Tax Service ("we," "us") will provide services to you ("you," "the client").
1. Scope of services
Based on the services you select below, we will provide one or more of the following:
- Preparation and electronic filing of your federal and state income tax returns.
- Preparation of business tax returns and related schedules.
- Bookkeeping, including recording transactions and reconciling accounts.
- Accounting services, including financial statements and year-end support.
- Assistance responding to IRS or state notices on returns we prepared.
We will not audit or independently verify the information you give us, though we may ask for clarification or supporting documents.
2. Your responsibilities
- Provide complete, accurate and truthful information and documents.
- Keep records that support the income, deductions and credits on your return.
- Answer the due diligence questionnaire honestly and completely.
- Review your return carefully before signing and authorizing e-file.
You are ultimately responsible for the information on your return, and for any taxes, penalties or interest that may result.
3. Our responsibilities
- Prepare your returns based on the information you provide and current tax law.
- Perform the due diligence required of paid preparers by the IRS.
- E-file your return using our IRS-issued EFIN and sign as your paid preparer with our PTIN.
- Keep your information confidential as described in our privacy policy.
4. Due diligence for credits and filing status
If you claim the Earned Income Credit, Child Tax Credit, American Opportunity Credit, or head of household filing status, federal law requires us to ask additional questions and keep records of your answers. We may decline to claim a credit if eligibility can't be reasonably established.
5. Fees
Fees are based on the complexity of your situation and the services provided. We will discuss and agree on fees with you before work begins. Payment is due when services are completed unless otherwise agreed in writing.
6. Refunds and timing
We cannot guarantee the amount or timing of any refund. Refunds are issued by the IRS and state agencies, not by Royal Roots Tax Service.
7. Records
Your original documents will be returned to you. We keep copies of returns and related records as required by IRS rules.
8. Term of engagement
This engagement covers the tax year and services you select below and ends when those services are complete, unless ended earlier in writing by either party.