Limited Engagement Terms & Conditions:
This below text and document clarifies the nature, terms, conditions and limitations of the professional services that will be provided.
Preparation Tax Services: Tax Servicers, LLC. and their websites (refer to herein as ‘we’, ‘our’ or ‘us’) agree to provide individual/business/entity tax service for the period(s) you specify to us with the information provided to us. We will not audit or otherwise verify the data you submit, although we may ask you to clarify some of it for us. We will render such bookkeeping assistance as we find necessary for the preparation of the income tax returns at an additional charge when necessary to properly prepare the return. Our work does not include any procedures designed to discover defalcations or other irregularities, such as fraud or embezzlement, should any exist.
The client agrees to furnish all information that is necessary for the preparation of your tax returns and is responsible for the proper recording of transactions in the books of accounts, computer data files, or paper file supplied for the safeguarding of assets, and for the substantial accuracy of the financial records. Please contact us to discuss expanding the scope of our services, which would additionally require a separate written agreement.
Tax Services Provided Assistance, IRS or State disputes or assistance, Accounting, Consulting & QuickBooks Data File Assistance Services: You (‘the prospective client’ or ‘third party’) are responsible for the proper recording of transactions in the books of accounts, for the safeguarding of assets, and for the substantial accuracy of the financial records. You are also responsible for maintaining sufficient documentation to substantiate all items of income and deduction claimed, including travel and entertainment expenses. It is recommended that you provide PDF scans, computer email file attachments or paper photocopies of all financial documents to prevent any loss of data. We will not be held responsible for lost originals.
We might at times require remote access to your computer system to fulfill all agreed-upon work but you agree that if something should arise with data files or your computer which would require additional assistance or security breach, that this is not our fault and you agree to release and indemnify us of any and all claims, legal litigation, legal costs, damages, or any and all losses. Please contact us to discuss expanding the scope of our services, which would additionally require a separate written agreement.
Tax Servicers, LLC. conducts business via the U.S. Postal Service unless the client requests otherwise in writing, and will not be responsible for any lost or stolen documents. We will send documents if needed via Certified Return Receipt when paid in advance to do so.
Fees & Payment: If you request an estimate, we will give you a non-binding estimate based upon your representations about the complexity. Because unforeseen or changed circumstances might affect this original fee estimate, your actual fees may exceed the original fee estimate without notification to you in advance.
We accept payments via credit card or bank wire. We do not extend terms or bill. We work via a retainer and will accept a company check but will not begin any work until the deposited check has cleared our account. If your required work is time sensitive, please be sure to pay by credit card or bank wire. You will be responsible for any court costs, attorney’s fees, time spent, and any costs associated with collections, chargeback’s, or any litigation. Upon completion of work, you will receive a refund if the cost of the engagement estimate is less than the amount of the actual charge.
Liability: You agree that our liability hereunder for damages, unless caused by our gross negligence or willful misconduct shall not exceed the total amount you paid for the services described herein. This shall be your exclusive remedy. If you should receive a notice from a taxing authority, you must send a copy within 30 days of the date on the first notice (phone calls are not acceptable). In the event of an examination or other government contact, we are available to assist you upon request for returns we prepared for you. Such additional services will be charged to you as our efforts are incurred, including direct expenses for computer services, fax transmissions, report production, print outs, copies and out of pocket costs, including travel expenses.
Document Retention: It is our policy to retain work papers related to this engagement for seven years. Upon expiration of the seven-year period, you agree that we shall be free to destroy our work papers. When records are returned to you, it is your responsibility to retain and protect your records for possible future use, including potential examination by any government or regulatory agencies. You should retain the tax records related to the current year’s tax returns, including any receipts, statements or other supporting documentation, for at least seven years after it was filed, since any additional assessments are usually made during this period. Once your return(s) is or are completed, you will be given a copy for your records. There is a minimum charge of $57.00 for the time and efforts involved in providing you with additional copies of your tax returns, so please retain the copies you receive from us.
Privacy Notice: As your service provider, we collect information provided by you from your tax organizer, worksheets, documents, computer data files, interviews, and discussions, information provided to us at your request by brokerage houses and banks, and information that we develop as part of the engagement. We are committed to the safekeeping of your confidential information and we maintain physical and electronic safeguards to protect your information. We are required to keep all information about our engagement confidential. We will not disclose any information about you unless we have your approval as required by law (Rev. Proc. 2008-35), even if you are no longer a client. If you would like your records released to a third party, such as a mortgage lender, in accordance with Rev. Proc. 2008-35 you must sign a disclosure statement, which we have attached a copy of on www.taxservicersllc.com . Please fax us your signed authorization to release the information to (630) 839-0557. There is a minimum charge of $57.00 for the time and efforts involved in providing your information to a third party.
Severability: In the event any terms, conditions, or provisions herein are held to be invalid or unenforceable by any court of competent jurisdiction, then the remaining terms, conditions, and provisions shall remain in full force and effect. Client also agrees to indemnify and release in full of any and all liability, damages, claims, lawsuits, etc., and recourse resulting from performing services for or actions on client’s requests or instructions.
Terms, Conditions and Limitations:
In the course of delivering accounting, consulting, tax services and QuickBooks data file assistance whether locally or remote PC connected, Tax Servicers, LLC. applies customary practices intended to provide these services securely and in a cost effective manner. This section of the Limited Engagement Agreement describes certain of these customary practices, as well as other standard terms, conditions, and limitations relating to our provision of tax services. Except to the extent we expressly agree in a written instrument signed by our authorized representative, all services that we provide to any client or third party (‘’You”) relating to accounting, consulting, tax services and QuickBooks data file assistance are subject to the following terms, conditions, and limitations (these “Terms”). References to the “Engagement Letter” mean the above section (the Limited Engagement Agreement) describing the scope of our services and the associated fee arrangement to which these Terms are attached. References to the “Code” mean the Internal Revenue Code of 1986, as amended.
1. Terms Regarding Tax Return Preparation
1.1 Scope of Return Preparation Services. Our services in preparing your tax returns will be limited to tax return preparation, and our preparation of a return should not be viewed as assurance that the reported position is correct. If you would like us to advise you concerning any specific matter on your tax return, please contact us to discuss expanding the scope of our services. Any tax advice rendered in connection with the preparation of any tax return is subject to the provisions described under “Terms Regarding Tax Advice’’ below. Please contact us to discuss expanding the scope of our services, which would additionally require a separate written agreement.
1.2 No Review of Facts. We will not investigate or verify any facts underlying the transactions reported on your tax return. If the actual facts are different from the facts represented to or understood by us, or if there are other facts of which we are not aware the reporting of the transactions could be materially different than that reported on the returns prepared by us.
1.3 Your Responsibility for Accuracy. We will exercise professional care to include all pertinent information in your tax returns; but you are ultimately responsible for your tax returns. By signing your prepared tax returns, you are verifying that they are true, correct and complete. You should review each tax return carefully before signing it, and bring any questionable items or omissions to our attention.
1.4 Jurisdictions for Returns. We will prepare tax returns for those federal, state, local, and foreign jurisdictions requested by you in writing. We will advise you if we believe, based on information that you provide us, that a tax return should be filed in any other Jurisdiction, but we will not prepare any such tax return without your approval of the expansion of our scope of services. Please contact us to discuss expanding the scope of our services, which would additionally require a separate written agreement.
1.5 Level of Assurance. Professional rules prohibit us from signing any tax return that contains a position that we believe does not stand a realistic possibility of success if litigated unless the position is appropriately disclosed on the return. The “realistic possibility” standard means that a reasonable and well – informed analysis by a person knowledgeable in the tax law would lead to a conclusion that the position has approximately a one in three, or greater, likelihood of being sustained on its merits. It is possible that there could be a realistic possibility of success for more than one tax treatment of an item. You should be aware that merely meeting the “realistic possibility of success” standard is not sufficient to avoid the application of tax penalties under the Code. In certain circumstances, these penalties can be avoided if the tax position is supported by ‘’substantial authority” if during the course of preparing your tax returns we become aware of a position we believe is not supported by substantial authority, we will call this fact to your attention so you can evaluate the potential penalty risk. However, we will not conduct any review of any transactions for the purpose of determining whether the reported tax treatment is supported by substantial authority. If you are concerned about the potential application of tax penalties, please contact us to discuss expanding the scope of our services, which would additionally require a separate written agreement.
1.6 Disclosure of Reportable Transactions. The Code and state laws require that you disclose on your tax return certain ‘’reportable transactions’’ or ‘’listed transactions.’’ There are significant financial penalties for failure to disclose these transactions, and these penalties apply even if the transaction does not lead to an understatement of tax. You must advise us of any transactions you believe may be “reportable transactions” or “listed transactions.’’ Our tax return preparation services do not include any investigation to evaluate whether there are any transactions that are required to be reported on your returns. If you would like us to advise you concerning any potentially “reportable transactions’’ or ‘’listed transactions,’’ and our tax return preparation services do not include any investigations that are required to be reported on your returns, please contact us to discuss expanding the scope of our services, which would additionally require a separate written agreement.
2. Terms Regarding Tax Advice
2.1 Oral and Email Communication is Preliminary. We may discuss with you our views regarding the tax treatment of certain items. We may also provide you with tax information in the body of an email. Any advice or information delivered orally or in the body of an email will be based upon limited tax research and a limited discussion of the underlying facts. Additional research or a more complete review of the facts may affect our analysis and conclusions. Because of these limitations and the related risks, we do not recommend that you proceed with any transaction solely on the basis of any oral or email communication and we will not be held liable for any loss, cost, or expense resulting from any reliance on any oral or email communication.
2.2 Facts and Assumptions. Except as expressly described in any letter, memorandum, or opinion addressing the application of tax laws to a particular situation (‘’Tax Advice”), we will not undertake an investigation to confirm or verify any of the facts described in the Tax Advice, and we will rely on the assumptions and representations described in the Tax Advice. Any change in or addition to these facts, assumptions, or representation could materially and adversely affect our analysis and conclusions. If you for any reason believe that any facts, assumptions, or representations in any Tax Advice are incorrect or incomplete, you must notify us immediately to discuss the impact on our analysis and conclusions. You should not rely upon any item of Tax Advice that is based on facts, assumptions, or representations that you believe to be incorrect or incomplete.
2.3 Applicable Law. Unless expressly stated in our Tax Advice, our analysis and conclusions will relate solely to Federal income tax consequences under the Code as of the date our Tax Advice. If you would like us to address tax consequences to you under any applicable state, local or foreign tax law, please contact us to discuss expanding the scope of our services, which would additionally require a separate written agreement.
2.4 Issues Addressed. Each item of Tax Advice will be limited to advice concerning the enumerated tax issues described in the Tax Advice, and may not consider all of the issues that may arise in connection with the transaction. Our analysis and conclusions are limited to discussing the tax consequences to the addressee(s) arising from the transactions described in that Tax Advice. It is possible that there may be alternative transaction structures that offer more favorable tax consequences. No item of Tax Advice is an endorsement of any particular transaction structure, nor is it a recommendation that any addressee proceed with the transaction structure described in the Tax Advice.
2.5 Reportable Transactions. The Code and certain state laws require that you disclose on your tax return certain “reportable transactions.” There are significant financial penalties for failure to disclose these transactions, and these penalties may apply even if the transaction does not lead to an understatement of tax. Except as expressly provided in the Tax Advice, we will not review any transaction to determine whether it is a “reportable transaction” or a “listed transaction.”
If you would like us to review any transaction to determine whether it is a “reportable transaction” or “listed transaction,” please contact us to discuss expanding the scope of our services, which would additionally require a separate written agreement.
2.6 No Guarantee. Our Tax Advice will be based upon our interpretation of applicable law and regulations and certain case and ruling authority as of the date of the Tax Advice. Some of these matters will not be free from doubt and our analysis and conclusions will not be binding on the IRS, any state, local, or foreign tax authority, or on any court. Our analysis and conclusions will be based upon our professional judgment, and will not be a guarantee of the ultimate tax consequences of the transactions described in the Tax Advice. If you would like greater certainty regarding the tax treatment of any particular transaction, please contact us to discuss the possibility of obtaining a ruling from the appropriate tax authority.
2.7 Reliance and Distribution. Each item of Tax Advice is rendered only for the benefit of the named addressee(s), and does not address the tax consequences to any other person or entity that is not an addressee. No person or entity other than the named addressee (s) may rely on the Tax Advice. To avoid confusion regarding matters of reliance, our Tax Advice may not be delivered to any other party unless you advise the recipient of these limitations on reliance. Unless expressly provided in an item of Tax Advice, but subject to the limitation in the preceding sentence, you are free to share the Tax Advice with any third party. You may deliver a copy of any advice to the IRS or any state, local, or foreign tax authority for the purpose of demonstrating good faith and reliance on the analysis and conclusions expressed therein. You should be aware that the delivery of any item of tax advice to a third party may act as a waiver of any otherwise available claim of privilege. Before delivering an item of Tax Advice to a third party, we recommend you consult with us or with legal counsel to assess the matters relating to claims of privilege.
2.8 Level of Assurance for Tax Advice. Many areas of tax law are unclear, and the application of the tax law to any particular facts may be subject to more than one interpretation. Accordingly, the level of assurance for any particular item of Tax Advice will depend on the underlying facts, the clarity of applicable law, regulations, ruling, and the extent of factual due diligence and tax research performed. The conclusions in our Tax Advice will be based on our good faith belief that they meet the level of assurance stated in the Tax Advice. Obtaining Tax Advice at a particular level of assurance may in some cases provide a defense to certain tax penalties, but you should not assume that an item of Tax Advice will offer you protection from penalties except as expressly stated in the Tax Advice.
3 Terms Applicable to All Tax Services
3.1 Scope of Services. Our services will be limited to the services specifically described in our Limited Engagement Agreement section. Services in providing Tax Advice or in preparing a tax return do not include representation in the event of an examination by the IRS or other tax authorities. If you need tax services beyond those specifically described in our Limited Engagement Agreement, these additional services would constitute either a separate engagement or an expansion of an existing engagement at an additional cost. Our agreement to provide services for one engagement does not obligate us to accept any other engagement.
3.2 Your Responsibilities. In order for us to provide effective service, you must cooperate with us and provide us with any information that we request, all on a timely basis. You must cause your employees and contractors to cooperate fully and timely with us. You must designate for us a person authorized to make or obtain all management decisions with respect to our services on a timely basis. We will rely in good faith on all information and management decisions communicated to us by you, your employees, or your contractors, and we will not be responsible for any loss or other
obligation arising from our reliance. Any failure to fulfill your responsibilities will be grounds for our suspending or terminating our services.
3.3 Decisions. While we will provide you with advice concerning tax return reporting and the tax consequences of certain transactions, you will retain all authority and responsibility for any decisions based on our advice.
3.4 Independent Contractor. For all tax services that we perform, we will be an independent contractor and not your employee, agent, or partner, and will determine the method, details and means of performing our services. We assume full and sole responsibility for the payment of all compensation and expenses of our employees and for all of their applicable employee withholdings.
3.5 Confidentiality. We will maintain the confidentiality of your confidential information. We may disclose your confidential information to our employees and third party contractors as necessary to provide our services. We may also disclose confidential information if required by a court or governmental agency, but we will use commercially reasonable efforts to inform you prior to disclosure. In certain circumstances, information that you disclose to us could be the subject of a claim of privilege, but you must generally maintain the privilege claim. If you have questions concerning the availability of any privilege or how and whether to assert a privilege you should contact your legal counsel. We will use reasonable precautions to protect your confidential information, but we have no obligation to employ any not regularly employed by you in protecting your confidential information. ‘Confidential information’ means information concerning you or your business that is marked “confidential” or disclosed orally and identified as “confidential” in writing at the time of disclosure. We will presume that information reported on your tax returns is confidential. Confidential information does not include information (i) that is or becomes publicly available or generally known to persons in your industry without breach of our obligation under this section, (ii) received by us after the termination of this Limited Engagement Agreement.
3.6 Engagement of Other Parties. In performing any tax services, we may engage the services of other domestic tax preparers, including seasonal prepares, independent contractors, or other third party personnel. By engaging
us, you have authorized us to allow such other third parties access to your files, financial information and other confidential information. Our engagement of any third party services does not affect our obligations to you.
3.7 Changes in Law. Subsequent changes to applicable law or regulations, or the issuance of new case or ruling authority, could materially and adversely affect the analysis and conclusions in an item of Tax Advice or a position reported on a tax return. Neither the delivery of any Tax Advice nor the preparation of a tax return is an undertaking on our part to advise you of any changes in law.
3.8 Possibility of Litigation. If the IRS or another tax authority adopts a position contrary to any analysis or conclusions in our Tax Advice or to any position reported on a tax return, it might be necessary to pursue administrative appeals or litigation. Decisions of whether and how to pursue administrative appeals or litigation may be based on considerations of cost, publicity, and other matters unrelated to the technical merits of a tax position. In some cases, taxpayers elect not to pursue appeals or litigation even though a reported position may ultimately be sustained on appeal or in litigation.
3.9 Disclaimer of Legal and Investment Advice. Our services do not constitute legal or investment advice. We recommend you retain competent legal counsel and investment advisers.
3.10 Warranty and Limitation. We warrant that our services will be performed with reasonable care in a diligent and competent manner. THIS WARRANTY IS OUR ONLY WARRANTY CONCERNING OUR SERVICES, AND IS MADE EXPRESSLY IN LIEU OF ALL OTHER WARRANTIES AND REPRESENTATIONS, EXPRESSED OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, OR OTHERWISE, ALL OF WHICH ARE HEREBY DISCLAIMED.
3.11 Documents and Files. Upon your written request, we will return to you all original documents that you provided to us in connection with the performance of our services. We may retain copies of these documents for our files.
3.12 Work Product. All of our work product and files will remain our property, and we retain all copyrights and intellectual property with respect to our work product. We in our sole discretion may provide you with access to our copies of our files, but you will be obligated to pay all costs associated with such access or copies.
3.13 Document Production and Testimony. If we are requested or authorized by you, or if we are required by government regulation, subpoena or other legal process, to produce any documents or files, or to make our personnel available as witnesses with respect to this engagement, you will, so long as we are not a party to the proceeding in which the information is sought, reimburse us for our professional time and expenses, as well as the fees and expenses of our counsel, incurred in responding to such requests.
3.14 Conflicting Engagements. If, in the course of providing our services, we determine at our sole discretion that a conflict of interest exists that prevents us from providing our services in accordance with applicable ethical rules, we will notify you of the conflict and may withdraw from representing you to the extent that such withdrawal is required or permitted by applicable ethical rules.
4 General Business Terms
4.1 Requests for Services. In responding to requests for services made by your officers, managers, employees, or agents, we will presume that all requests have been authorized by your internal procedures. If you wish to limit the individuals who can request services, you must notify us of any limitations in writing.
4.2 Normal Rates. We provide “Use as Needed” or “On Demand Limited Engagement Service Assistance” in the areas of accounting, tax preparation, tax filings, consulting, business coaching, onsite consulting outside of State of Illinois, remote pc video connect technical assistance and QuickBooks data file assistance services. We work by hourly time and require prepaying for scheduling appointments or consultations for an estimated time our office and client can agree on per appointment/meeting. Our fees and expenses are PREPAID ONLY. WE REQUIRE YOU PREPAY AT THE TIME OF SCHEDULING YOUR APPOINTMENT WITH US, which can be done on our website at www.taxservicersllc.com or by completing the credit card schedule prepay form on our website as well at www.taxservicersllc.com in the upper left area on the home page and faxing it to our office at 630-839-0557 or emailing it 2 days in advance to info@taxservicersllc.com. Our hourly rate is $170 hour for tax and $125 an hour for accounting work which does not include software costs or postage that may be required. Rates for less than an hour are charged in 15 minute increments, all are based on USA dollar currency.
On-Site Out of State Services: Should your business require on-site service outside of Illinois, on-site out of state rates are normal rate x2 and minimum of 8 hours would apply plus travel expenses; an estimated amount of which to be prepaid in advance before scheduling.
4.3 Uncontrollable Delays. The time for performance of any of your or our obligations (other than the obligation to pay money due) will be extended for a reasonable time in the event of causes beyond your or our reasonable control, including without limitation acts of God, war, acts of government, fire, flood, strike or labor problems, sabotage, and delays in obtaining labor, materials, equipment, or transportation.
4.4 Suspension of Services. If failure to prepay for continued services should occur, we reserve the right to suspend the continued performance of services until your account is paid in full or you have made other payment arrangements satisfactory to us. Our suspension of services will not affect your obligations to us under the Engagement Agreement or these Terms.
4.5 Liability for Taxes. You will be liable for all Federal, state, local, foreign, and other taxes arising out of or relating to any tax return that we prepare on your behalf or any transaction on which we advise you, together with any interest or penalties that may be assessed by any governmental authority.
4.6 Termination. You may terminate the Limited Engagement Agreement at any time by written notice to us. Subject to any restrictions imposed by applicable ethical rules, we may terminate the Limited Engagement Agreement at any time upon written notice to you. Termination for any reason will not affect your obligation to pay us for fees and expenses incurred prior to termination or in transferring files to and otherwise cooperating with any successor tax preparer or tax adviser.
4.7 Survival of Provisions. All provisions of these Terms will survive the termination or cancellation of the Limited Engagement Agreement, except that (i) we will not have any obligation to provide services after termination and (ii) except as provided in paragraphs 3.13 and 4.6, you will not have any obligation to pay us for any services that we perform after termination.
4.8 Entire Agreement. These Terms and the Engagement Agreement (first section) represent our entire agreement and understanding concerning the engagement described in the Limited Engagement Agreement, and they supersede all prior and contemporaneous agreements.
4.9 Amendment. Neither these Terms nor the Engagement Agreement may be amended except by a written instrument signed by our duly authorized representative. We reserve the right to amend these Terms and the Engagement Agreement at any time by written notice to you, and any such amendment will be effective upon receipt by you. You may not modify these Terms or the Engagement Agreement except with our prior written consent.
4.10 Waiver and Consents. No waiver of any breach of these Terms or the Engagement Agreement will be effective unless the waiver is in writing and signed by the party against whom the waiver will be enforced. No waiver of any one breach will be deemed a waiver of any other or subsequent breach.
4.11 Assignment. You may not assign the Engagement Agreement or these Terms to any other party without our prior written consent, except that you may assign the Engagement Agreement and these Terms to any party that acquires substantially all of your assets and goodwill.
4.12 Successors; No Third Party Beneficiaries. These Terms and the Engagement Agreement will be binding on our and your respective successors and assigns. Except as expressly provided in the Limited Engagement Agreement, there are no third party beneficiaries to the Engagement or to these Terms.
4.13 Interpretation. All Terms and the Engagement Agreement must be construed according to their meaning and not strictly for or against any party.
5. Liability and Dispute Resolution
5.1 Limitations on Liability. In the event that we fail to meet our obligations under the Engagement Agreement or these Terms, including without limitation paragraph 3.11, your sole remedy will be to require us to re-perform the services. If the services cannot be re-performed, or if re-performance will not cure the breach, then your remedy will be for us to refund our fees up to the amount of your direct damages caused by our failure to meet our obligations. In no event will our liability for any claim, whether in contract, in tort, at law, or in equity, arising out of or relating to our failure to meet our obligations under the Engagement Agreement or these terms exceed the amount of our fees actually paid to us under the Engagement Agreement. In no event will we be liable for loss of profits or any consequential, indirect, special, exemplary, or punitive damages.
5.2 Indemnification. You will indemnify us for any loss, liability, or obligation arising out of or relating to your failure to fulfill your obligations under the Engagement Agreement or these Terms, including without limitation any failure to supply us with complete and accurate information. Subject to the limitation in paragraph 5.1, we will indemnify you for any loss, liability, or obligation arising out of or relating to our failure to fulfill our obligations under the Engagement Agreement or these Terms. At times we would require remote electronic access to your computer systems. You agree to indemnify, defend and hold Tax Servicers, LLC., its agents, affiliates, subsidiaries, directors, officers, employees, and applicable third parties (e.g. relevant advertisers, syndication partners, licensors, licensees, consultants, contractors, vendors) (collectively "Indemnified Person(s)") harmless from and against any and all third party claims, liability, litigation, loss, and expense (including damage awards, settlement amounts, and reasonable legal fees), brought against any Indemnified Person(s), arising out of anything and/or Your breach of any term of this Agreement.
5.3 Limitation on Claims. No claim or action by either party, regardless of whether the claim is in contract, in tort, at law or in equity, arising out of or relating to any matter under the Limited Engagement Agreement may be brought by either party more than twelve months after the party first knows or has reason to know that the claim or cause of action has accrued, except that a claim or action for money owed under the Limited Engagement Agreement may be brought by a party at any time within 24 months following the date of the last payment due that party under the Limited Engagement Agreement. This period may shorten, but in no event will it extend, any period of limitation on actions otherwise provided by applicable law.
5.4 Governing Law. This Agreement shall be governed by the laws of the State of Illinois and litigated in Illinois. In the event that litigation results from or arises out of this Agreement or the performance thereof, the Parties agree to reimburse the prevailing Party’s reasonable attorneys’ fees, court costs, and all other expenses, whether or not taxable by the court as costs, in addition to any other relief to which the prevailing Party may be entitled.
At the conclusion of this engagement, we will return all original records you supplied to us. Your records comprise the backup and all support. Our firm destroys our client files and all pertinent work papers for current clients after a retention period of seven years.
CONDITIONS AND LIMITATIONS
All our accounting, consulting, remote assistance, tax and QuickBooks data file assistance services are expressly subject to the terms, conditions, limitations and paragraphs as written above, and by signing below you will agree to them.
These Limited Engagement Terms & Conditions constitute your entire agreement with Tax Servicers, LLC and the website www.taxservicersllc.com with respect to this engagement, supersedes all other oral and written representations, understandings or agreements relating to this engagement, and may not be amended except by the mutual agreement of both parties.
I have read, understand, agree & accept these above Limited Engagement terms, conditions and limitations.
Sincerely, TAX SERVICERS, LLC. - We appreciate this opportunity to serve you.