MULTI-YEAR ENGAGEMENT LETTER FOR TAX & ACCOUNTING SERVICES

MULTI-YEAR ENGAGEMENT LETTER FOR TAX & ACCOUNTING SERVICES

This Multi-Year Engagement Letter ("Agreement") is entered into by the individual or entity named below ("Client") and Grant Tax Service Inc., a Florida professional corporation, with a mailing address of 301 NW 21st Street, Boca Raton, FL 33431 ("Firm").

The Firm agrees to provide professional tax and accounting services to the Client, subject to the terms and conditions outlined in this Agreement.

1. Scope of Services

1.1 Services Provided. The Firm agrees to provide the following tax compliance services ("Services"):

· Preparation and filing of individual income tax returns (Federal and State) for Clients.

· Preparation and filing of business tax returns (Federal and State) for any business entities owned by Clients.

· Preparation and filing of trust tax returns (Federal and State) for any trusts established by Clients.

· Preparation and filing of all necessary reports for foreign corporations, partnerships, and disregarded entities in which Clients have an interest.

· Assistance with compliance for Foreign Bank and Financial Accounts (FBAR) and Beneficial Ownership Information (BOI) reporting.

1.2 Additional Services.Any additional services requested by Clients that are not specified in this Agreement will require a separate written agreement and will be billed at the Firm's standard hourly rates.

2. Client Responsibilities

2.1 Provision of Information. Clients agree to provide, on a timely basis, all pertinent information required for the preparation of tax returns and compliance with FBAR and BOI reporting. This includes, but is not limited to, information on income, deductions, credits, and details of all foreign corporations, partnerships, disregarded entities, and foreign bank and financial accounts.

2.2 Accuracy of Information. Clients represent and warrant that all information provided to the Firm is complete, accurate, and truthful to the best of their knowledge. Clients acknowledge that the Firm is relying on the information provided to perform the Services.

2.3 Timeliness. Clients agree to provide all required information in a timely manner to enable the Firm to meet applicable deadlines. The Firm is not responsible for any penalties or interest resulting from Clients' failure to provide timely and accurate information.

3. Limitation of Liability

3.1 No Guarantees. The Firm will use its best efforts to ensure compliance with applicable tax laws and regulations. However, the Firm does not guarantee any specific results, including but not limited to, the acceptance of tax returns by taxing authorities or the avoidance of audits or penalties.

3.2 Waiver of Claims.Clients hereby waive any and all claims against the Firm for any penalties, interest, or additional taxes assessed due to errors or omissions resulting from Clients' failure to provide complete and accurate information or to meet filing deadlines.

3.3 Indemnification.Clients agree to indemnify and hold harmless the Firm, its officers, directors, employees, and agents from and against any and all claims, liabilities, losses, damages, and expenses, including reasonable attorneys' fees, arising out of or in connection with the performance of the Services, except to the extent caused by the Firm's gross negligence or willful misconduct.

4. Confidentiality

4.1 Confidential Information. All information provided by Clients to the Firm will be kept confidential and will not be disclosed to any third party except as required by law or as necessary to perform the Services.

4.2 Data Security. The Firm will implement and maintain reasonable security measures to protect the confidentiality and integrity of Clients' information.

5. Fees and Payment

5.1 Fee Structure. Fees for the Services will be based on the complexity of the work and the time required by the Firm's professionals. A fee schedule will be provided to Clients at the commencement of the engagement.

5.2 Statement of Work. A separate Statement of Work will be provided to Clients for each year or project along with the Estimated fees.

5.3 You may visit the Standard Fee Schedule which can be used a guide to understanding how much our services may cost. Each tax situation is different; these prices are based on average for clients and may differ from the separate SOW provided to you.

6. Term and Termination

6.1 Term. This Agreement will commence on the date first above written and will continue until terminated by either party in accordance with this Section 6.

6.2 Termination. Either party may terminate this Agreement at any time by giving thirty (10) days' written notice to the other party. Upon termination, Clients will be responsible for payment of all Services rendered up to the date of termination. The Firm has the right to terminate the services if the Client becomes unresponsive and does not provide the requested information in the timely manner.

6.3 Effect of Termination. Upon termination of this Agreement, the Firm will return to Clients any original documents provided by Clients and any work product prepared up to the date of termination, subject to the Firm's right to retain copies for its records.

7. Governing Law and Dispute Resolution

7.1 Governing Law. This Agreement will be governed by and construed in accordance with the laws of the State of Florida, without regard to its conflict of laws principles. In event of litigation both parties submit to Broward County as the Venue to bring any legal dispute.

7.2 Dispute Resolution. Any disputes arising out of or in connection with this Agreement will be resolved through binding arbitration conducted in State of Florida, in accordance with the rules of the American Arbitration Association.

8. Miscellaneous

8.1 Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, and representations, whether oral or written.

8.2 Amendments. This Agreement may be amended only by a written instrument executed by both parties.

8.3 Severability. If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions will continue in full force and effect.

8.4 Waiver. The waiver by either party of any breach of this Agreement will not operate or be construed as a waiver of any subsequent breach.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

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CONSENT TO DISCLOSURE OF TAX RETURN INFORMATION UNDER IRC SECTION 7216

Purpose of Consent: Under Internal Revenue Code (IRC) Section 7216 and associated regulations, your consent is required for Grant Tax Service Inc. ("the Firm") to use or disclose your tax return information to any third party for purposes other than preparing, assisting in preparing, or providing services in connection with the preparation of your tax return. This form provides your written consent for such use and disclosure.

Disclosure of Information:

By signing below, you authorize Grant Tax Service Inc. to disclose the following information from your tax returns:

  • Information necessary for tax planning and consulting services
  • Information required for the preparation and filing of tax returns and reports for foreign corporations, partnerships, disregarded entities, FBAR, and BOI compliance
  • Information necessary for representation before the IRS and state tax authorities
  • Information necessary for the performance of bookkeeping,  accounting, and financial statement preparation services

Third Parties to Whom Disclosure is Authorized:

The information described above may be disclosed to:

  • Bookkeepers, accountants, and financial professionals associated  with the Firm including C&R Consulting Services and Capactix.
  • Legal professionals working in conjunction with the Firm on  tax-related matters
  • Financial institutions and advisors as needed for tax planning and  compliance purposes
  • Governmental agencies as required for the performance of tax  compliance and representation services

Duration of Consent:

This consent is valid for a period of three years from the date of signing, unless revoked by you in writing before the expiration of this period.

Revocation of Consent:

You have the right to revoke this consent at any time by providing written notice to Grant Tax Service Inc. at the address listed above. Revocation will not affect any disclosures made in reliance on your consent prior to the receipt of the revocation.

Potential Effects of Non-Consent:

You are not required to provide this consent. If you do not provide your consent, your tax return information will not be disclosed to third parties, except as otherwise permitted or required by law. This may limit the ability of Grant Tax Service Inc. to provide certain services to you.

Acknowledgment and Signature:

By signing below, you acknowledge that you have read and understand the terms of this consent, and that you provide your informed consent to the disclosure of your tax return information as described above.

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