Terms and Agreement for Royale Tax & Financial Services
1. Introduction
Welcome to Royale Tax & Financial Services. By engaging our business tax preparation services, you agree to the terms and conditions outlined in this agreement. These terms apply specifically to business tax preparation services provided by Royale Tax & Financial Services.
2. Scope of Services
Royale Tax & Financial Services agrees to provide business tax preparation services as requested by the client. Services may include:
Preparation and filing of business tax returns (e.g., Forms 1120, 1065, 990, etc.)
Review and analysis of financial records for tax purposes
Advising on applicable deductions and credits for business tax compliance
Any additional services not specified in this agreement may require a separate agreement and additional fees.
3. Client Responsibilities
The client agrees to:
Provide accurate, complete, and timely financial records, including income, expenses, payroll, and other relevant documentation.
Respond promptly to requests for additional information or clarification.
Review and approve all tax returns prepared by Royale Tax & Financial Services before submission to any authority.
Forward any correspondence from tax authorities related to business tax matters to Royale Tax & Financial Services within 3 business days of receipt.
Failure to comply with these responsibilities may result in delays, additional fees, or inaccuracies in the prepared tax return.
4. Compliance with IRS Regulations
Royale Tax & Financial Services complies with IRS Circular 230, which governs tax preparers. We are committed to maintaining ethical standards and adhering to all applicable federal and state laws. Clients must:
Understand that the accuracy of business tax returns is contingent on the information they provide.
Be aware that intentional misrepresentation of data may result in penalties or legal consequences.
Notify Royale Tax & Financial Services of any prior tax issues, audits, or notices related to their business.
5. Fees and Payment
Service fees will be discussed and agreed upon prior to the commencement of services.
A non-refundable down payment of $600 is required before initiating services.
Remaining balances for business tax preparation will be due upon completion or as specified in individual service agreements.
Additional fees may apply for expedited processing, amendments, or other specialized services.
6. Confidentiality and Data Security
Royale Tax & Financial Services adheres to IRS Publication 4557 standards for safeguarding taxpayer data.
Client information will not be disclosed to third parties without prior consent, except as required by law.
All sensitive data will be securely stored and protected using industry-standard practices.
7. Limitations of Liability
Royale Tax & Financial Services will provide services with professional care and due diligence. However, the company is not liable for:
Errors resulting from inaccurate or incomplete information provided by the client.
Tax penalties, interest, or audit outcomes due to client actions or omissions.
The client acknowledges that financial outcomes depend on their active participation and adherence to agreed-upon recommendations.
8. Termination of Services
Either party may terminate this agreement at any time with written notice.
Termination does not absolve the client of their responsibility to pay for services rendered up to the termination date.
9. Dispute Resolution
Any disputes arising from this agreement will be resolved through mediation or binding arbitration in the state of Maryland.
The prevailing party in any dispute will be entitled to recover reasonable attorney’s fees and costs.
10. Amendments
Royale Tax & Financial Services reserves the right to update or modify these terms and conditions at any time. Clients will be notified of significant changes.