Dear client,
The following covers our total agreement.
Any of the following can be changed, and will constitute our agreement, at anytime without specifically notifying you. You are encouraged to review this document regularly.
Put in simple language, you will pay us for work we do for you.
The client (You), agrees to indemnify and hold harmless W. O. Mills P.L.L.C., its agents, employees or any other person against loss or expense including attorneys fees, by reason of the liability imposed by law upon W. O. Mills P.L.L.C.. It is further understood and agreed that you shall (at the option of W. O. Mills P.L.L.C.) defend W. O. Mills P.L.L.C. with appropriate counsel and shall further bear all costs and expenses, including the expense of counsel, in the defense of any suit arising hereunder..
We request payment for our services at the time you receive our engagement letter or statement. Additionally, you agree that, a current interest rate of 18% is due on any overdue accounts. You further agree to be held BOTH JOINT and SEVERAL liable for payment of our services.
We will perform these services using the information that you furnish to us. Unless specifically contracted (in writing) to do so, we will make no audit or otherwise verify the data you submit, although it may be necessary to ask you for clarification of some of the information. We will be happy to furnish you with questionnaires and/or worksheets to guide you in gathering the necessary information, please call and ask for an organizer or visit our website to download the organizer at www.womills.com . Your use of such forms will assist us in keeping our fee to a minimum. Our responsibilities do not include any other work than what is stated in our agreement.
Our engagement pertains only to the work listed in our agreement. Our engagement will be complete upon the delivery of the necessary paperwork (if any) to you. You will be responsible to file any return(s) with the taxing authorities. In the event information is requested by either of the parties signing this return, that information will be furnished without obtaining the additional consent of the other party.
We reserve the right to suspend or terminate our services in the event that your retainer or payment of our invoices become delinquent. If it becomes necessary to use an attorney or other means to collect payment for our services, you will be responsible for these additional costs of collection.
With reagards to documents submitted to taxing authorities, the law provides various penalties that may be imposed when taxpayers underestimate their tax liability. If you would like information on the amount or circumstances of these penalties, please contact us.
Further, regarding returns, it is your responsibility to provide all the information required for the preparation of complete and accurate returns. You should retain all the documents, canceled checks and other data that form the basis of income and deductions. These may be necessary to prove the accuracy and completeness of the returns to a taxing authority. You have the final responsibility for the income tax returns and, therefore, you should review them carefully before you sign them.
In General, our work, in connection with the preparation of your income tax returns or any other service for which you have contracted us (either in writing or verbally) does not include any procedures designed to discover defalcations or other irregularities, should any exist.
We will use professional 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 returns may be selected for review by the taxing authorities. Any proposed adjustments by the examining agent are subject to certain rights of appeal. In the event of such government tax examination, we will be available upon request to represent you and will render additional invoices for the time and expenses incurred. Our fee for these services will be based upon the amount of time required at our standard billing rates, plus out-of-pocket expenses. All invoices are due and payable upon presentation.
Our current hourly rates range from $575 per hour to $45 per hour, depending upon who and what work is being performed. Every reasonable effort is made to assure that our services are performed at the lowest hourly rate that we deem feasible.
If reproduction or publication of any statements prepared by us is intended, it is our policy that we be notified in advance and that the masters or printer's proofs be submitted to us for review beforehand if our firm's name will be mentioned. If we do not provide you WRITTEN approval you are expressly prohibited from such reproduction or publication.
We discuss the terms and conditions of our engagement candidly because we believe you are entitled to know our policies, and we believe this type of frank discussion will avoid misunderstanding later. If you have not already provided us an original signed copy of the agreement, then it is agreed that the term stated here in fairly sets forth your understanding, AND is the same as if you had signed the original agreement of this letter in the space indicated and return an originally signed copy to our office.