Tarrant Texas Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit

• Category: Attorneys
• State: Multi-State
• County: Tarrant
• Control #: US-1340857BG
• Format: Word; Rich Text

Description

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 Tarrant Texas 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 the professional relationship between an attorney and an accountant when representing a client during an IRS audit. This agreement ensures that both parties understand their roles, responsibilities, and the scope of their services throughout the audit process. The agreement typically includes key sections such as: 1. Introduction: This section provides a brief overview of the purpose of the agreement, the parties involved (attorney, accountant, and client), and the specific context of the IRS audit. 2. Scope of Services: This section details the specific services that the attorney and accountant will provide. It may include tasks such as reviewing tax returns, gathering supporting documentation, representing the client in meetings with the IRS, and negotiating settlements, among others. 3. Responsibilities: This section outlines the responsibilities of both the attorney and the accountant. It may include tasks such as maintaining accurate records, communicating regularly with the client, and ensuring compliance with applicable laws and regulations. 4. Confidentiality: This section highlights the importance of maintaining client confidentiality. It sets forth the obligations of both the attorney and the accountant to protect sensitive information and restrict its disclosure to unauthorized parties. 5. Compensation: This section defines the fees and payment terms for the attorney and accountant's services. It may specify hourly rates, flat fees, or a combination of both. Additionally, any potential expenses incurred during the audit process, such as travel or expert witnesses, may be addressed in this section. 6. Term and Termination: This section specifies the duration of the agreement, which is typically throughout the duration of the IRS audit. It may also outline the circumstances under which either party can terminate the agreement, such as a breach of contract or the completion of agreed-upon services. Types of Tarrant Texas Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit may include: 1. General Agreement: This is the standard agreement used for most IRS audits, covering a wide range of services required to represent the client effectively. 2. Limited Scope Agreement: In some cases, the attorney and accountant may enter into a limited scope agreement, where they agree to provide specific services for a defined portion of the audit process, such as reviewing only a particular year's tax returns or attending select meetings with the IRS. 3. Co-Representation Agreement: In certain complex audit cases, the client may require both an attorney and an accountant to work together closely. In such instances, a co-representation agreement is drafted to clearly define the roles and responsibilities of both professionals, ensuring a coordinated approach to the audit. In conclusion, the Tarrant Texas Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit is a vital document that establishes the framework for collaboration between these professionals during an IRS audit. By clearly defining roles, responsibilities, and expectations, this agreement helps ensure a smooth and effective representation of the client's interests throughout the audit process.

The Tarrant Texas 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 the professional relationship between an attorney and an accountant when representing a client during an IRS audit. This agreement ensures that both parties understand their roles, responsibilities, and the scope of their services throughout the audit process. The agreement typically includes key sections such as: 1. Introduction: This section provides a brief overview of the purpose of the agreement, the parties involved (attorney, accountant, and client), and the specific context of the IRS audit. 2. Scope of Services: This section details the specific services that the attorney and accountant will provide. It may include tasks such as reviewing tax returns, gathering supporting documentation, representing the client in meetings with the IRS, and negotiating settlements, among others. 3. Responsibilities: This section outlines the responsibilities of both the attorney and the accountant. It may include tasks such as maintaining accurate records, communicating regularly with the client, and ensuring compliance with applicable laws and regulations. 4. Confidentiality: This section highlights the importance of maintaining client confidentiality. It sets forth the obligations of both the attorney and the accountant to protect sensitive information and restrict its disclosure to unauthorized parties. 5. Compensation: This section defines the fees and payment terms for the attorney and accountant's services. It may specify hourly rates, flat fees, or a combination of both. Additionally, any potential expenses incurred during the audit process, such as travel or expert witnesses, may be addressed in this section. 6. Term and Termination: This section specifies the duration of the agreement, which is typically throughout the duration of the IRS audit. It may also outline the circumstances under which either party can terminate the agreement, such as a breach of contract or the completion of agreed-upon services. Types of Tarrant Texas Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit may include: 1. General Agreement: This is the standard agreement used for most IRS audits, covering a wide range of services required to represent the client effectively. 2. Limited Scope Agreement: In some cases, the attorney and accountant may enter into a limited scope agreement, where they agree to provide specific services for a defined portion of the audit process, such as reviewing only a particular year's tax returns or attending select meetings with the IRS. 3. Co-Representation Agreement: In certain complex audit cases, the client may require both an attorney and an accountant to work together closely. In such instances, a co-representation agreement is drafted to clearly define the roles and responsibilities of both professionals, ensuring a coordinated approach to the audit. In conclusion, the Tarrant Texas Agreement for Services between an Attorney and Accountant with Respect to an Internal Revenue Service Audit is a vital document that establishes the framework for collaboration between these professionals during an IRS audit. By clearly defining roles, responsibilities, and expectations, this agreement helps ensure a smooth and effective representation of the client's interests throughout the audit process.