SCOPE OF SERVICES [TAX ENGAGEMENT]

Thank you for choosing AVID BUSINESS ADVISORS LLC to assist you with your taxes. This letter confirms the terms of our engagement with you, outlines the services we will provide and associated fees.

We will prepare your federal and state income tax returns. We will prepare the tax returns relying on the information and documents that you are providing to us. It is your responsibility to provide us with timely and complete information and documentation for the preparation of your returns. We may ask you to clarify certain items that you furnish to us but will not audit or otherwise verify the information you submit. Our work will not include procedures to find defalcations or other irregularities. Therefore, our engagement should not be relied upon to disclose errors, fraud, or other illegal acts. However, we will inform you of any material errors, fraud, or other illegal acts we discover.

We will use professional judgment in resolving questions where the tax law is unclear or where there may be conflicting interpretations of the law and other supportable positions. Should we encounter instances of unclear tax law, or of potential conflicts in the interpretation of the law, we will outline the reasonable courses of action and the risks and consequences of each. We will ultimately adopt, on your behalf, the alternative you select. When taxpayers underestimate their tax liability, they can be subject to penalties. Contact us if you have concerns about such penalties.

We will send a separate communication with all of the tax documents that may be applicable and provide a secure portal for you to send and receive documents. Ensuring completeness of the provided documents and using our client portal will contribute to the efficient preparation of returns and minimize the cost of our services.

At the end of this engagement, we will return any physical original records. Store these records and supporting documents securely. We retain copies of your records and our work for up to three years (or longer if legally required), after which these documents will be destroyed. Review all tax-return documents carefully before signing them. Our engagement to prepare your tax returns will conclude with the delivery of the completed returns to you, or with e-filed returns, with your signature and our subsequent submittal of your tax return. If you have not selected for us to e-file your returns, you will be solely responsible to file the returns with the appropriate taxing authorities.

SCOPE OF SERVICES [OTHER ENGAGEMENT]
Thank you for choosing AVID BUSINESS ADVISORS LLC to assist you with your tax and accounting needs. This letter confirms the terms of our engagement with you, outlines the services we will provide and associated fees. We will perform the tax and accounting services including in this agreement including but not limited to:

[INSERT ENGAGEMENT SUMMARY – Tax Planning, Tax Representation, Business Formation, Payroll Setup, Bookkeeping Setup, and/or General Business Consulting]

It is your responsibility to provide us with timely and complete information and documentation as necessary to provide the services. Our engagement should not be relied upon to disclose errors, fraud, or other illegal acts. However, we will inform you of any material errors, fraud, or other illegal acts we discover. We will use professional judgment in resolving questions where the tax or accounting guidance is unclear or where there may be conflicting interpretations. We will outline the reasonable courses of action and the risks and consequences of each. We will ultimately adopt, on your behalf, the alternative you select.

We will send a separate communication with all of the tax documents that may be applicable and provide a secure portal for you to send and receive documents. Ensuring completeness of the provided documents and using our client portal will minimize the cost of our services.

FEE ARRANGEMENT
Our fees our fixed and based on each federal and state tax form and schedule filed. For other services and individual or business tax returns we deem complex, our fees are based on an estimate of time required at standard billing rates. Our fixed and standard billing rates are published to all customers and available upon request. Additionally, you will be billed for any out-of-pocket expenses incurred on your behalf. Our fixed and standard billing rates are published to all customers and available upon request.

All accounts not paid within thirty (30) days of the invoice due date are subject to interest charges to the extent permitted by state law. We reserve the right to suspend our services or to withdraw from this engagement in the event our invoices are not paid. If our services are terminated, you will be obligated to reimburse us for all costs through the date of termination.

LIABILITY
In the event that we are or may be obligated to pay any cost, settlement, judgment, fine, penalty, or similar award or sanction as a result of a claim, investigation, or other proceeding instituted by any third party, and if such obligation is or may be a direct or indirect result of any inaccurate, incomplete, or misleading information that you provide to us during the course of this engagement (with or without your knowledge or intent), you agree to indemnify us from all such claims, liabilities, costs and expenses, except to the extent determined to have resulted from our intentional or deliberate misconduct. Our maximum liability to you arising for any reason relating to services rendered under this letter shall be limited to the amount of fees you paid for these services.

Any litigation arising out of this engagement, except actions by us to enforce payment of our professional invoices, must be filed within one year from the completion of the engagement, notwithstanding any statutory provision to the contrary. If any dispute arises between the parties hereto, the parties agree first to try in good faith to settle the dispute through non-binding mediation. The costs of mediation shall be shared equally by the parties. The parties agree that, if any dispute cannot be settled through mediation, the dispute may then be brought before a court of competent jurisdiction.

IRS & LEGAL INQUIRIES
Your returns maybe selected for review by the IRS and/or other taxing authorities. If your tax return is selected for examination or audit, you may request that we assist you in responding to such inquiry. We would be pleased to discuss providing assistance to you under the terms of a separate engagement for that specific purpose. Please note as a separate engagement those additional expenses are not included in the tax preparation fees, and we will render additional invoices for the time and expense incurred. Please let me know right away if you receive any letters from the IRS or any other tax agency.

In the event that we receive a subpoena or summons requesting that we produce documents from this engagement or testify about the engagement, we will notify you prior to responding to it. You may, within the time permitted for our firm to respond to any request, initiate such legal action as you deem appropriate to protect information from discovery. If you take no action within the time permitted for us to respond or if your action does not result in a judicial order protecting us from supplying requested information, we may construe that inaction or failure as consent to comply with the request. You agree to compensate us at our standard billing rates for the time we expend in connection with such response, and to reimburse us for any out-of-pocket costs expenses incurred in that regard.

SIGNATURE
To confirm that you agree with the services and terms of this engagement and that you have read our privacy policy and result letter (included with you draft tax returns), please sign where indicated at the bottom of this letter and return one signed copy to us. If we do not receive the executed copy of this agreement from you, receipt of your tax return data will acknowledge your acceptance of the terms of this agreement. Thank you for the opportunity to be of service and if you have any questions, please contact our office.

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Taxpayer Signature & Date

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Spouse Signature & Date