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The letter cites significant changes in the accounting profession, including expanded and complex tax legislation and a shrinking workforce of experienced accountants, as reasons for this strategic shift. FIRM NAME will now focus its efforts on corporate tax, audit, and accounting work. The firm expresses gratitude for the client's past trust and friendship, acknowledging their contribution to the firm's growth over the years. This decision is made to ensure the quality of life for the firm's team members. The letter provides advance notice to allow the client ample time to transition to [INSERT REFERRAL SOURCE HERE] or another tax preparer of their choice. FIRM NAME assures its willingness to assist in any way during this transition and apologizes for any inconvenience. The client is instructed to contact [CONTACT NAME] to coordinate the transfer of information to their successor tax preparer.","DATE\nName\nAddress\nCity, State\nDear\nFor the past XX years, FIRM NAME has faithfully served the CITY community in the preparation of personal income tax returns.  During that time, we have met many wonderful people, and have developed some great friendships.\nAlso, during this time, we have seen the accounting profession undergo significant changes.  Tax legislation has continued to expand and become more complex and changes in demographics have impacted the number of experienced accountants in the workforce.\nWe have now reached a point that requires us to examine our product/service mix to ensure the quality of life we offer to each of our team members.  We have made the decision to focus our efforts on corporate tax, audit and accounting work and to begin referring personal tax work to INSERT REFERRAL SOURCE HERE.\nYou have been a true friend of our firm over the years; which makes our decision even more difficult.  Your trust in our services has played a part in the growth we have experienced over the last XX years.  Now, unfortunately, we must regrettably inform you that we can no longer continue to serve you in the preparation of your personal income tax return.  We are making this decision today, so that you have ample time to transition to REFERRAL SOURCE or another tax preparer of your choice.  Rest assured, we will assist in any way with the transition.\nOn behalf of everyone at FIRM NAME, I thank you for your years of trust, and for your friendship, and apologize for this unfortunate situation that now confronts both of us.  Please call CONTACT NAME to coordinate the transfer of information to your successor tax preparer.\nSincerely,","cbCaidQdswWiXsEl","https://ap.wps.com/l/cbCaidQdswWiXsEl","docx",281259,9,"English","en",105,"","[{\"question\":\"Why is FIRM NAME discontinuing personal income tax return services?\",\"answer\":\"FIRM NAME is discontinuing these services due to significant changes in the accounting profession, including increasing tax law complexity and demographic shifts impacting the experienced workforce. This decision allows the firm to focus on corporate tax, audit, and accounting work.\"},{\"question\":\"What services will FIRM NAME continue to offer?\",\"answer\":\"FIRM NAME will continue to focus its efforts on corporate tax, audit, and accounting work.\"},{\"question\":\"What should the client do next?\",\"answer\":\"The client should transition to the specified referral source or another tax preparer of their choice. 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This decision allows the firm to focus on corporate tax, audit, and accounting work.","Answer",{"name":126,"@type":121,"acceptedAnswer":127},"What services will FIRM NAME continue to offer?",{"text":128,"@type":124},"FIRM NAME will continue to focus its efforts on corporate tax, audit, and accounting work.",{"name":130,"@type":121,"acceptedAnswer":131},"What should the client do next?",{"text":132,"@type":124},"The client should transition to the specified referral source or another tax preparer of their choice. FIRM NAME will assist with this transition and the client should contact CONTACT NAME to coordinate the transfer of information.","https://schema.org",{"og:url":94,"og:type":135,"og:title":59,"og:site_name":106,"og:description":60},"article",{"robots":137,"canonical":94},"index,follow",{"doc_id":55,"site_id":69},1790609212]