We appreciate the opportunity to work with you and advise you on tax matters. Canada Revenue Agency (CRA) impose penalties upon taxpayers, and upon us as tax return preparers, for failure to observe due care in reporting on your income tax returns. In order to ensure an understanding of our mutual responsibilities, we ask all clients for whom we prepare tax returns to confirm the following arrangements.
We will prepare your 2022 personal income tax return/ 2022 Underused Housing Tax Return on information that you provide to us. We will not audit or otherwise verify the data you submit, although we may ask you for clarification of some of the information.
It is our responsibility to prepare your tax return correctly according to the law and the information that you have provided. It is your responsibility to provide us with all the information required to prepare complete and accurate returns. You should retain all the documents, cancelled cheques and other data that form the basis of your income and deductions. These may be necessary to prove the accuracy and completeness of the return to CRA. You have the final responsibility for the income tax return and, therefore, you should review it carefully before you sign it.
By signing this letter, you represent that you will provide us with accurate and complete information necessary to prepare your tax return.
The law imposes various penalties when taxpayers understate their tax liability. If you would like information on the amount or circumstances of these penalties, please contact us.
Our business respects the privacy of personal information, that is, information that identifies you as an individual, or that is associated with such identifying information. By engaging our services, you agree to provide personal information necessary for us to meet your service requests.
Before you provide us with any personal information on behalf of others, you agree that you will have obtained consent for collecting, using and disclosing this information, according to privacy legislation.
We want you to know that we will not rent, sell, or otherwise make your personal information, including contact information, available to any third-party without your permission. We use your information to complete your service requests, to inform you of changes in our business or service offerings, and to maintain our professional correspondence with you.
We follow rigorous privacy practices and we have a privacy policy that governs our use and handling of the information you provide to us.
To change your contact information or to let us know if there are any types of correspondence you do not wish to receive from our office, please contact us.
In performing the Services, we will send messages and documents electronically. As such communications can be intercepted, misdirected, infected by a virus, or otherwise used or communicated by an unintended third party, we cannot guarantee or warrant that communications from us will be properly delivered only to the addressee. Therefore, we specifically disclaim, and you release us from, any liability or responsibility whatsoever for interception or unintentional disclosure of communications transmitted by us in connection with the performance of this Engagement. In that regard, you agree that we shall have no liability for any loss or damage to any person or entity resulting from such communications, including any that are consequential, incidental, direct, indirect, punitive, exemplary or special damages (such as loss of data, revenues or anticipated profits).
If you do not consent to our use of electronic communications, please notify us in writing.
We may from time to time, and depending on circumstances, use third-party service providers to assist in completing the agreed upon Services. In that regard, we may share confidential information with the service providers. You hereby authorize us to disclose your confidential information to such service providers retained by us.
CRA may select your return for review. Often they request copies of your receipts and other times they may require a full audit. Any adjustments proposed by CRA are subject to certain rights of appeal. In the event of such tax examinations, we will be available upon request to represent you.
Our fee for services is based on our fee schedule plus out-of-pocket expenses. All invoices are due and payable upon presentation.
To the fullest extent permitted by applicable law and professional regulations, you agree to indemnify, defend and hold harmless our [firm] (and its [partners], employees and agents) from and against all losses, costs (including solicitor’s fees), damages, expenses, claims, demands and liabilities (“Losses”) arising out of or in consequence of a third-party claim due to (a) a misrepresentation by you, or (b) the Services, unless and to the extent that such Losses are found by a court of competent jurisdiction to have been due to our gross negligence or intentional misconduct.
If this letter accurately reflects your understanding, please acknowledge your agreement by signing and returning to us the enclosed copy. Please feel free to email us with any questions or concerns at info@etaxpro.ca. Thank you for your trust in our business.
Sincerely yours,
Total Tax Services Inc.
