Tax Client Engagement Letter

We truly appreciate the opportunity to work with you this tax season! This engagement letter is designed to confirm the terms and conditions under which we will provide you with tax services. It also outlines the responsibilities for each of us in this process. It is important that you read, sign, and return this engagement letter with your tax documents. Without a signed engagement letter, we will be unable to begin your tax filing.

‣ We will prepare your federal and state tax return(s) with supporting schedules for the applicable tax year based upon information you provide. You agree to provide any requested records needed in order to complete the tax return(s) preparation.

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‣ Your cooperation and timeliness are essential in order for us to complete this engagement. If we are unable to complete your tax return by the due date, or if we receive your documents too late in the season, you give us permission to file a tax extension (Form 4868) on your behalf. If one is filed, you will be notified prior to filing and provided proof of extension after filing has been accepted.and we will charge an additional $150 Extension Filing fee to your final bill.

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‣ We will not be responsible for penalties and/or interest charges that you might incur if you have not met your tax liability by the due date of the return.

Whenever possible, we will attempt to advise you if we project that you may have an unmet tax liability.

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‣ We will not audit or otherwise verify your records to discover errors or omissions, should any exist. However, if we find irregularities or unusual items, we will bring them to your attention and/or ask for clarification.

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‣ If your business did not have proper bookkeeping for the year, we can provide bookkeeping assistance necessary to complete the tax preparation at an additional charge.

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‣ You agree and confirm that income and expense items you claim are substantiated by proper records and receipts, and can furnish such documentation in the event of an audit.

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‣ You agree and confirm that the information you provide is accurate and complete to the best of your knowledge.

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‣ You are ultimately responsible for the accuracy of the tax return(s) and should review all documents carefully before signing the final documentation.

Fees & Payment

‣ A deposit equal to 50% of the quoted service cost may be due in the case of business tax returns and/or complex tax returns before any work on the

engagement can begin. The remaining 50% of the service cost is due upon completion of the engagement.

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‣ If you terminate this engagement before completion, you agree to pay the $200 early termination fee which covers our hourly billing rate and tax intake

consultation meeting(s), this fee will be automatically ACH withdrawn. An additional fee may be assessed due to the complexity of the tax return(s) up to the full price of the tax return(s), even if the tax return(s) are not completed.

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‣ If you select to use our Refund Transfer Option, in the case that we can not collect our tax preparation fees in a timely manner we will automatically ACH draft any fees and/or send your bill to collections.

Important Notices

‣ Where tax law is ambiguous or unclear; we will use our best judgment. Unless otherwise instructed by you, we will resolve questions that arise, when

possible, in your favor. Penalties can be imposed when taxpayers understate their tax liability.

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‣ If an extension to file taxes is required, any estimated taxes owed must be paid when the extension is filed. And while we may assist you in determining

the amount of estimated tax payment you should make, we are not responsible if the estimate we recommend does not cover your tax liability. Any

amounts not paid by the original filing deadline are subject to interest and late payment penalties. We are not responsible for any penalties and interest charges you may incur if estimated tax payments are not timely made.

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‣ The IRS does not permit us to discuss your tax return except if authorized by the client by checking a specific box on your tax return. Unless otherwise

instructed by you, we will check the box which authorizes the IRS to discuss your tax return with us. Additionally, we may ask you to sign a Form

8821-Tax Information Authorization or Form 2848-Power of Attorney and Declaration of Representative. Signing these forms will ensure that we receive any notices you might receive thus ensuring timely responses as needed.

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‣ Your tax return(s) may be selected for audit by tax authorities. We are available to assist you in response to correspondence. However, we reserve the

right to invoice for additional time and expenses incurred.

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‣ In the event of a claim by a third party relating to services under this letter, you will indemnify us from all such claims, liabilities, costs and expenses,

except to the extent determined to have resulted from our intentional or deliberate misconduct.

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‣ The IRS recommends that you keep your tax return and documentation for a minimum of three years. You should retain all documents and data that

form the basis of income and deductions as these may be needed to prove accuracy and completeness of your returns.

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‣ You may request that we perform additional services not contemplated by this engagement letter. In the absence of any other communications from you requesting such additional services, our services will be limited to and governed by the terms of this engagement letter.

Signatures

By signing below, you acknowledge that you have read, understand, and accept your obligations and responsibilities and that you understand our responsibilities in preparing your tax returns as explained above. Thank you for the opportunity to serve you. If you have any questions, please contact us!

Responsible Party

Your First Name

Your Last Name

Last 4 digits of your SSN

Date

Signature *

Clear

Kingsley Ifedi, CPA, MAcc

Managing Partner

T.E.A.M. Financials, Inc

_____________________________

Client Intake Questionnaire

What tax year are you filing for? (Select all years that apply)

Your Information

Your Full Name *

Your SSN *

Your Date Of Birth *

Your Phone Number *

Your Email *

Your Occupation

Mailing Address

City

State

Zipcode

Your Spouse Information

Spouse Full Name

Spouse SSN

Spouse Date Of Birth

Spouse Email

Spouse Occupation

Spouse Phone Number

Dependent #1

Full Name

SSN

Date Of Birth

Relationship to you

Month lived in your home this tax year

Dependent #2

Full Name

SSN

Date of Birth

Relationship to you

Months lived in your home this tax year

Dependent #3

Full Name

SSN

Relationship to you

Months lived in your home in this tax year

Child Care Information

Childcare Provider’s Name

Provider’s SSN/EIN

Provider’s Address

Amount Paid to Provider $

Check All That Apply

Did you or a family member receive a 1095A for insurance received through the State or Federal Marketplace?

YES

Someone else can claim you as a dependent.

YES

You and your spouse lived apart during the year. If yes, did you live together at any time after June 30?

YES

Did you pay estimated federal or state taxes last year? (Any additional payments made outside of your normal Withholdings)

YES

estimated Federal or State taxes last year.

Federal tax
State tax

You itemized your deductions last year.

YES

You or your spouse earned income in another state other than your resident state.

YES

You purchased a home in 2008 and received the up to $7,500 First-time Home Buyers credit.

YES

You were a student, had education expenses, or made student loan payments.

YES

Your child did not live with you but is claimed as your dependent.

YES

You or someone in your household is disabled.

YES

How would you like to pay the Tax Preparation Fee?

Credit/Debit Card

Zelle (theteamtaxes@gmail.com)

Refund Transfer (Deduct from my refund if i receive one)

*Refund Policy: No refunds on tax prep fee once we begin processing.

How do you want your Tax Refund? (If Applicable)

Direct Deposit

Mailed Check

_____________________________

Direct Deposit Information

Checking

Saving

Name of Bank

Account Number

Routing Number

_____________________________

I CERTIFY THAT I WOULD LIKE MY TAXES PREPARED ACCORDING TO THE INFORMATION ON THIS SHEET AND I CERTIFY THAT ALL INFORMATION FURNISHED IS ACCURATE TO THE BEST OF MY KNOWLEDGE.

Your Signature *

Clear

Date *

Spouse's Signature (if applicable)

Clear

Date

Do you own a business, rental property, OR have 1099 income? *

Please add any additional comments here:

*If you are unable to submit the form please scroll up and review to ensure all REQUIRED fields are completed.