2023 S Corporation Income Tax Return Engagement Letter

Sep 19, 2026

2023 S Corporation income tax return engagement letter that sets out the services requested and the governing terms between ABLRE TAX and the client. It defines tax preparer duties, including preparing Form 1120S and related schedules from client-provided information, performing limited bookkeeping support, using professional judgment, and clarifying applicable positions. It also specifies client responsibilities for providing accurate data, meeting March 1 and invoice payment timing, maintaining audit-ready documentation, and acknowledging BOI reporting obligations beginning January 2024 for relevant entities.

LanguageEnglish

CategoryLetters

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

Tax Preparer Responsibilities

Taxpayer Responsibilities

Other Items

2023 1120S S Corporation Income Tax Return Engagement Letter This letter confirms the services you have asked ABLRE TAX to perform and the terms under which we have agreed to do that work. Please read this letter carefully because it is important to both ABLRE TAX and you that you understand what you can and cannot expect from our work. This engagement letter represents the entire agreement regarding the services described herein and supersedes all prior negotiations, proposals, representations or agreements, written or oral, regarding these services. The Internal Revenue Service imposes penalties on taxpayers, and on us as preparers, for failure to observe due care in reporting for 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. Tax Preparer Responsibilities 1. We will prepare your 2023 federal and resident state income tax Form 1120S and related schedules from information you furnish to us. Any other required services, forms or actions on our part require a separate engagement letter. In the absence of such, our services will be limited to and governed by the terms of this engagement letter. Our services are not intended to determine whether you have filing requirements in taxing jurisdictions other than the one(s) stated. 2. We will perform a limited amount of bookkeeping and analysis necessary for the preparation of the tax return. We will not audit, review, compile or otherwise verify the data you submit. We may ask you to clarify some information. We will use our professional judgment in preparing your returns. Whenever we are aware that a possibly applicable tax law is unclear or that there are conflicting interpretations of the law by authorities (e.g. tax agencies and courts), we will explain the possible positions that may betaken on your return. We will adopt whatever position you request on your return as long as it is consistent with the codes, regulations and interpretations that have been promulgated. If the Internal Revenue Service 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. 3. We do not automatically file tax extensions. You must notify us in writing, email or fax by March 1st if you want us to file an extension. 4. It is our policy to keep records related to this engagement for three years after which they are destroyed. However, we do not keep any original client records. We will return them to you at the completion of the services rendered under this engagement. 5. Tax preparation services conclude upon delivery of the completed income tax return. The preparation fee does not include tax planning, advisory services, or responding to inquires or examination by taxing authorities or third parties. These services are available and require a separate engagement and incur additional fees. 6. Due to privacy laws, we are prohibited from providing confidential information or copies of tax returns to anyone other than you without your specific written authorization. To comply with these regulations, we will provide copies of tax returns to you either via a secure web portal or in paper form. Taxpayer Responsibilities 1. You are responsible for providing information required for the preparation of complete and accurate returns, including but not limited to Financial Statements, W-2s, 1099s, K1s, 1098s, 1095s, receipts, bank statements, loan balances, and similar items, including business assets purchased, sold, or disposed of. You also confirm you have filed all required W-2s, W-3s and 1099s. All provided forms will be returned to you. It is your responsibility to maintain, in your records, the documentation necessary to support the income/expense data used in the preparation of your tax returns. In the event that your retur

FAQs

What tax forms will ABLRE TAX prepare under this engagement?

ABLRE TAX will prepare the 2023 federal and resident state income tax Form 1120S and related schedules using information the client furnishes.

What are the main limits of the tax preparer’s responsibilities?

The preparer performs limited bookkeeping and analysis necessary for the return but will not audit, review, compile, or verify submitted data. They also do not automatically file extensions and services do not include tax planning or responding to examinations unless covered by a separate engagement.

What deadlines and responsibilities must the taxpayer follow?

The client must provide information by March 1 to complete the return timely, carefully verify information before signing, and ensure invoice fees are paid before delivery or e-filing. The taxpayer is also responsible for supporting documentation and for verifying items if the return is audited.

Sep 19, 2026

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