TERMS & CONDITIONS

We will prepare your federal income tax return, and any state income tax returns which in the professional judgement of the return preparer are deemed necessary or advisable. We will prepare your return(s) based on the information that you provide. We will not audit or otherwise verify the data you submit, although we may seek clarification of the information.

We will charge you a fee based on the type of return being prepared. The return preparer will provide you with a price for the return providing you properly state the correct forms you are filing in the initial interview. In the event, you have unforeseen forms that changes the type of return that needs to be filed and the price changes you will be notified immediately. If the price shall change you will have to solely agree to the new fee of the return before processing. It is the return preparer’s duty to provide clear pricing with the client. The client must agree before the return can be processed and all fees are to be paid upfront unless taken out of the refund. In the event the client return is been garnished for any reason(s) and the processing fee is not paid upfront it is the client responsibility to pay the fee owed immediately.

It is your responsibility to provide all the information that we require for the preparer to complete an accurate return. This include but is not limited to, all tax forms received from your employers, financial institutions, and investment vehicles, as well as substantiation of all other income and expenses. We cannot and do not conduct investigations or audits of income and expenses. We rely on you to provide full disclosure of your income and expenses. You should retain all documents, canceled checks, receipts, and other data that form the basis of income and deductions. You have the final responsibility of the income tax returns.

Our work in connection with the preparation of your tax return does not include any procedures designed to discover defalcations or other irregularities, should any exist. You are responsible for reporting foreign activities. US taxpayers are required to report worldwide income (US and foreign sources). Penalties for failure to report foreign activities are severe. We will render such accounting and bookkeeping assistance as determined to be necessary for preparation of the income tax returns. We make every reasonable effort to avoid any errors or omissions in the services or advice that we provide to clients. Our liability for any errors or omissions will be limited to the fees paid and will not include liability for any consequential damages. Any claim for damages will expire within two years of the filing date of the return. Disputes with the IRS regarding the interpretation of the tax law will not constitute an error or omission if you have been advised of the difference in opinion.

Professional Judgement. We use professional judgment in resolving questions where the tax law is unclear if there is a reasonable justification in doing so. Whenever we are unaware that a possibly applicable tax law is unclear or that there are conflicting interpretations of the law by authorities (i.e. tax agencies and courts), we may explain the possible positions that may be taken on your return. We will adopt, on your behalf, the alternative which you select after considering the information provided by us. Pursuant to new standards prescribed in IRS Circular 230 and IRS 6694 we are prohibited from signing a tax return unless we have a reasonable belief that a tax position taken on the return will have a “more likely than not” probability of being sustained on its merits unless we disclose this tax position on a separate attachment to the tax return. However, under no circumstances may we sign a tax return with a tax position with no reasonable basis. If the tax authority should later contest the position taken, there may be an assessment of additional tax plus interest and penalties. We assume no liability for any such additional penalties or assessments.

First Class Tax Experts LLC is an Income Tax Preparation Service. No attorney client relationship exists from the tax services provided by First Class Tax Experts LLC.

The filing deadline for tax returns for most partnerships and S Corps is March 15, and the deadline for most individuals and C corporations is April 15. If you do not deliver all of the required information by the 20th of the month prior to the deadline of your tax return, we will file an extension for your return, and complete the processing of your return as time permits. We will work expeditiously to get your return completed by the deadline. Any amounts owed that are not paid by the filing deadline may result in penalties and interest.

Your return may be selected for review or examination by the relevant taxing authorities. Any proposed adjustments by the examining agents are subject to rights of appeal, which rights may be forfeited if you do not respond in a timely manner. In the event of such examination, we will be available, upon request , to assist and/or represent you and provide you with a separate engagement letter for such services. Such services are expressly conditioned upon your timely delivery to us all notices from the taxing authority.

We will not disclose any of your privileged information, unless required by law, without written instructions from you.

When you file electronically, you have the option to have your refund directly deposited to, or amounts owed withdrawn directly from, one or more bank accounts. IF YOU ELECT DIRECT DEPOSIT/WITHDRAWAL OF REFUNDS/AMOUNTS OWED, WE CANNOT CHANGE THE BANK INFORMATION AFTER FILING YOUR RETURN. Any additional info obtained afterwards will necessitate the filing of an amended return.

If, prior to the deadline for your return, it is determined that your already filed return must be amended, we will make reasonable efforts to complete in a timely manner.

You may terminate this Agreement at any time. In the event you terminate this Agreement, you agree to pay for all work performed to the date of termination. We reserve the right to terminate this Agreement for failure to provide accurate documentation within a timely manner after requested by us; inconsistencies between your verbal and written statements and the documentation provided, unless explained to our satisfaction; repeated missed or late appointments without at least 24 hour notice; or if we determine , in our professional judgment , that a tax position has no reasonable basis, we inform you of this, and you instruct us to take such position notwithstanding our determination. In the event we terminate this Agreement for any of the above reasons, you agree to pay for all work performed to the date of termination. We further reserve the right to terminate this Agreement if, in our professional judgement, we are not competent to prepare your return due to the complexity of your tax issues. In the event we terminate due to the complexity of your tax issues involved, we will return any amounts paid to date, and you will not be responsible for payment for any work performed.

Most returns have a 24-48-hour turnaround time, providing all required documents are received from the client to complete the return as stated in the aforementioned terms.