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.
The Fairfax Virginia Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service (IRS) Audit is a legally-binding document that outlines the terms and conditions of collaboration between an attorney and accountant during an IRS audit. This agreement is crucial for establishing clear communication and responsibilities between both parties involved in representing a client facing an IRS audit. Key elements of the Fairfax Virginia Agreement for Services: 1. Scope of Services: This section defines the specific services the attorney and accountant will provide to the client during the IRS audit process. It may include tasks such as reviewing tax returns, gathering relevant documentation, analyzing financial records, preparing legal arguments, and negotiating with the IRS. 2. Retainer: The agreement should outline the financial arrangement between the client, attorney, and accountant. It may specify the retainer amount, hourly rates, or fee structure agreed upon by all parties involved. 3. Responsibilities: The document clearly delineates the responsibilities of both the attorney and accountant. The attorney, being the legal expert, typically handles legal matters, including representing the client in IRS communications and providing legal advice. The accountant focuses on providing financial expertise, such as reviewing tax documents, preparing statements, and offering tax-related advice. 4. Confidentiality: This agreement emphasizes the importance of maintaining client confidentiality. Both the attorney and accountant should respect and safeguard all sensitive financial and legal information obtained during the audit process. 5. Communication: Effective communication is of utmost importance during an IRS audit. The agreement should establish guidelines for regular updates, preferred modes of communication, and timelines for sharing information between the attorney and accountant. Different types of Fairfax Virginia Agreements for Services with Respect to IRS Audits may include: 1. Comprehensive Audit Representation Agreement: This agreement covers all aspects of the IRS audit process, from initial communication to final resolution. It encompasses representation at audit hearings, appeals, and potential litigation if necessary. 2. Limited Scope Audit Representation Agreement: This type of agreement is more specific, focusing on a particular stage or issue within the IRS audit process. It may involve retainer reductions or restricted services compared to a comprehensive representation agreement. 3. Consultation Agreement: This agreement is ideal for clients who need guidance and advice regarding their IRS audit, but do not require full representation. It may involve a one-time consultation or ongoing advisory services during the audit process. In summary, the Fairfax Virginia Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit is a crucial legal document that governs collaboration, responsibilities, and financial arrangements between an attorney and accountant representing a client during an IRS audit. By outlining the scope of services, responsibilities, and confidentiality provisions, this agreement ensures an efficient and effective representation during the audit process.
The Fairfax Virginia Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service (IRS) Audit is a legally-binding document that outlines the terms and conditions of collaboration between an attorney and accountant during an IRS audit. This agreement is crucial for establishing clear communication and responsibilities between both parties involved in representing a client facing an IRS audit. Key elements of the Fairfax Virginia Agreement for Services: 1. Scope of Services: This section defines the specific services the attorney and accountant will provide to the client during the IRS audit process. It may include tasks such as reviewing tax returns, gathering relevant documentation, analyzing financial records, preparing legal arguments, and negotiating with the IRS. 2. Retainer: The agreement should outline the financial arrangement between the client, attorney, and accountant. It may specify the retainer amount, hourly rates, or fee structure agreed upon by all parties involved. 3. Responsibilities: The document clearly delineates the responsibilities of both the attorney and accountant. The attorney, being the legal expert, typically handles legal matters, including representing the client in IRS communications and providing legal advice. The accountant focuses on providing financial expertise, such as reviewing tax documents, preparing statements, and offering tax-related advice. 4. Confidentiality: This agreement emphasizes the importance of maintaining client confidentiality. Both the attorney and accountant should respect and safeguard all sensitive financial and legal information obtained during the audit process. 5. Communication: Effective communication is of utmost importance during an IRS audit. The agreement should establish guidelines for regular updates, preferred modes of communication, and timelines for sharing information between the attorney and accountant. Different types of Fairfax Virginia Agreements for Services with Respect to IRS Audits may include: 1. Comprehensive Audit Representation Agreement: This agreement covers all aspects of the IRS audit process, from initial communication to final resolution. It encompasses representation at audit hearings, appeals, and potential litigation if necessary. 2. Limited Scope Audit Representation Agreement: This type of agreement is more specific, focusing on a particular stage or issue within the IRS audit process. It may involve retainer reductions or restricted services compared to a comprehensive representation agreement. 3. Consultation Agreement: This agreement is ideal for clients who need guidance and advice regarding their IRS audit, but do not require full representation. It may involve a one-time consultation or ongoing advisory services during the audit process. In summary, the Fairfax Virginia Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit is a crucial legal document that governs collaboration, responsibilities, and financial arrangements between an attorney and accountant representing a client during an IRS audit. By outlining the scope of services, responsibilities, and confidentiality provisions, this agreement ensures an efficient and effective representation during the audit process.