As the title to this form indicates, this form is an agreement for services between an attorney and accountant with respect to an Internal Revenue Service Audit.
One type of West Virginia Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service (IRS) Audit is a comprehensive agreement that outlines the roles and responsibilities of both parties involved in representing a client during an IRS audit. The agreement typically includes the following key elements: 1. Introduction: The agreement begins with an introduction, stating the names of the attorney, accountant, and the client. It also establishes the purpose of the agreement — to define the terms of the collaboration between the attorney and accountant during an IRS audit. 2. Scope of Services: This section outlines the specific services that the attorney and accountant will provide to the client during the audit process. This may include gathering relevant financial documents, preparing and filing necessary tax forms, representing the client in communications with the IRS, attending meetings or hearings, and negotiating with the IRS on behalf of the client. 3. Responsibilities and Duties: This part clarifies the roles and responsibilities of each party involved. The attorney is typically responsible for providing legal advice, reviewing and drafting legal documents, and representing the client in legal proceedings. The accountant takes on tasks related to financial record keeping, tax preparation, advising on tax implications, and assisting with financial audits. 4. Confidentiality and Privacy: Given the sensitive nature of tax-related matters, a confidentiality clause is included. This ensures that any confidential information shared between the client, attorney, and accountant remains protected under the attorney-client privilege and accountant-client privilege. 5. Communication and Coordination: To ensure efficient collaboration, the agreement outlines how communication and coordination will be maintained between the attorney, accountant, and client. This may include regular meetings or conference calls, sharing of documents, and establishing a primary point of contact. 6. Compensation and Billing: This section specifies the fee structure for the attorney and accountant's services. It may indicate whether they will be paid on an hourly basis, a flat fee, or contingency arrangement, and defines the payment terms and method. 7. Duration and Termination: The agreement also includes a section specifying the duration of the engagement, termination clauses, and conditions under which either party may terminate the agreement. 8. Governing Law: The agreement will identify the legal jurisdictions and governing laws under which the agreement is executed — in this case, West Virginia. In conclusion, a West Virginia Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit is a legally binding document that defines the roles, responsibilities, and terms of collaboration between an attorney and an accountant when representing a client during an IRS audit. It ensures a clear understanding of the services provided, maintains confidentiality, and outlines payment arrangements.
One type of West Virginia Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service (IRS) Audit is a comprehensive agreement that outlines the roles and responsibilities of both parties involved in representing a client during an IRS audit. The agreement typically includes the following key elements: 1. Introduction: The agreement begins with an introduction, stating the names of the attorney, accountant, and the client. It also establishes the purpose of the agreement — to define the terms of the collaboration between the attorney and accountant during an IRS audit. 2. Scope of Services: This section outlines the specific services that the attorney and accountant will provide to the client during the audit process. This may include gathering relevant financial documents, preparing and filing necessary tax forms, representing the client in communications with the IRS, attending meetings or hearings, and negotiating with the IRS on behalf of the client. 3. Responsibilities and Duties: This part clarifies the roles and responsibilities of each party involved. The attorney is typically responsible for providing legal advice, reviewing and drafting legal documents, and representing the client in legal proceedings. The accountant takes on tasks related to financial record keeping, tax preparation, advising on tax implications, and assisting with financial audits. 4. Confidentiality and Privacy: Given the sensitive nature of tax-related matters, a confidentiality clause is included. This ensures that any confidential information shared between the client, attorney, and accountant remains protected under the attorney-client privilege and accountant-client privilege. 5. Communication and Coordination: To ensure efficient collaboration, the agreement outlines how communication and coordination will be maintained between the attorney, accountant, and client. This may include regular meetings or conference calls, sharing of documents, and establishing a primary point of contact. 6. Compensation and Billing: This section specifies the fee structure for the attorney and accountant's services. It may indicate whether they will be paid on an hourly basis, a flat fee, or contingency arrangement, and defines the payment terms and method. 7. Duration and Termination: The agreement also includes a section specifying the duration of the engagement, termination clauses, and conditions under which either party may terminate the agreement. 8. Governing Law: The agreement will identify the legal jurisdictions and governing laws under which the agreement is executed — in this case, West Virginia. In conclusion, a West Virginia Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit is a legally binding document that defines the roles, responsibilities, and terms of collaboration between an attorney and an accountant when representing a client during an IRS audit. It ensures a clear understanding of the services provided, maintains confidentiality, and outlines payment arrangements.