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.