POLICIES AND PROCEDURES

LIMITATIONS OF WORK

We will prepare income tax returns based on information that you provide us. We will perform

accounting services only as needed to prepare your tax returns. Our work is not designed to

discover defalcations or other irregularities, should any exist. We will use our judgment in

resolving questions where the tax law is unclear, or where there may be conflicts between the

taxing authorities’ interpretations of the law and other supportable positions. Unless otherwise

instructed by you, we will resolve such questions in your favor whenever possible.

YOUR RESPONSIBILITIES

You are responsible for providing required tax documents and other information that may be

requested. We will depend on you to provide the information needed to prepare complete and

accurate returns. We may ask you to clarify some items but will not audit or otherwise verify the

data you submit. Review all tax-return documents carefully before signing them.

AUDIT

Your returns may be selected for review or audit for any reason by the Internal Revenue Service

(IRS), California Franchise Tax Board (FTB) or other related taxing authority. In the event of an

audit or review, you will be responsible to provide documentation for all items in question to the

taxing authority. It is your responsibility to provide/obtain any and all documentation that

supports your tax position.

ADJUSTMENT OF YOUR TAX RETURN BY TAXING AUTHORITY

In the event that you receive any correspondence form a taxing authority regarding a proposed

adjustment to your income tax returns, please promptly forward ALL related documentation so

that we may review and investigate the adjustment. While we are more than willing to assist you

in the resolution of such proposed adjustments, additional fees may be incurred depending on the

appropriate response to said correspondence.

COPIES OF YOUR TAX RETURNS

You will be provided a paper copy of your income tax returns. Additional or digital copies may

be subject to a $25.00 fee. We will store your tax records for a period of up to 5 years. After

said time period, it may be necessary for you to directly contact the taxing authority to retrieve

copies of your returns.

– Please ask if you have any questions regarding the foregoing.