Legal Letter of Engagement to to Insurance Company

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Legal Letter of Engagement to to Insurance Company Powered By Docstoc
					                                                                                      John T. Jones & Co. PLLC
                                                                                    1500 Citywest Blvd., Ste.450
                                                                                               Houston, TX 77042
                                                                          713-278-5100 (tel) / 713-278-5115 (fax)
                                                                                       www.JohnJonesCPA.com
                                                                                     John@JohnJonesCPA.com



Checklist for Business Tax Preparation



     A.   Update the "Business Questionnaire" provided by our firm.

     B.   Sign the "Engagement Letter" provided by our firm.

     C.   Provide a copy of prior year tax return(s) if not prepared by our firm.

          Provide an "accountants copy backup" of your accounting database (if using Quickbooks) or a
          "backup" of your database (if using Peachtree). Make sure to include the username and
          password and the version of software you are using. Otherwise, provide copy of Balance
          Sheet and Income Statement for the current year / prior year along with a detail of fixed asset
          additions and deletions; detail of changes in owners equity/capital accounts; detail of insurance
     D.   and tax payments; break-out of meals and entertainment.

     E.   Copy of W-2's filed and the W-3 transmittal.

     F.   Narrative of any unusual events or situations.


          Note: We will need your help to answer questions and provide other information as we
          begin working on your return.
                                                                                                                            John T. Jones & Co. PLLC
                                                                                                                          1500 Citywest Blvd., Ste.450
                                                                                                                                     Houston, TX 77042
                                                                                                                713-278-5100 (tel) / 713-278-5115 (fax)
                                                                                                                             www.JohnJonesCPA.com
Business Questionnaire                                                                                                     John@JohnJonesCPA.com

 1   Legal name of company
 2   Company Address
 3   Employer I.D. number                                                Please provide copy of correspondence from IRS (SS-4, etc.)
 4   Type of legal entity                                                Please provide copy of organizational documents
 5   Tax form for Federal Income Tax
 6   Subject to State Franchise or income Tax?                           Please list the applicable state(s)
 6   Was a subchapter "S" election made?                                 Please provide copy of correspondence from IRS (form 2553, etc.)
 7   Was an "Entity Classification Election" made
     (a.k.a. "check the box")                                            Please provide copy of correspondence from IRS (form 8832, etc.)


 8 Owner/officer information:                                #1                  #2                #3                 #4                    #5
   a. Name of owner or officer
   b. S/S# or EIN of owner or officer
   c. Is the owner or officer a foreign person? (List
      country)
   d. Officer Title (if applicable)
   c. % of time devoted to business (by person)
   d. % of equity owned (each owner)
   e. Amount of annual compensation (each officer)
   f. Director?
   g. Do the owners own (directly or indirectly) any
      other companies?
   h. Did the owners make any capital
      contributions during the year? If so, list dates
      and amounts.
   i. Did the owners receive any distributions of
      capital during the year? If so, list amounts
      and dates
   j. Were any special allocations made between
      the owners?
   k. Other relevant information
   l. Who is the tax matters partner (signing the return?)
   m. Address of owner/officer




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                                                                                                                   John T. Jones & Co. PLLC
                                                                                                                 1500 Citywest Blvd., Ste.450
                                                                                                                            Houston, TX 77042
                                                                                                       713-278-5100 (tel) / 713-278-5115 (fax)
                                                                                                                    www.JohnJonesCPA.com
Business Questionnaire                                                                                            John@JohnJonesCPA.com

 9 Legal name of company(Cash, Accrual, Other?)
   Method of accounting?
10 Does the company maintain an inventory?
   a. If so, how is it valued (FIFO, LIFO, average cost)
   b. How often is inventory counted? Please
      describe
   c. Any write-downs or write-off's for subnormal
      goods? Please describe
11 Description of Business Activities:

12 Does the company own (directly or indirectly) any
   other companies? Please describe
13 Please list any unusual or significant events or
   transactions that have occurred or are
   anticipated.
14 What accounting software do you use?
15 Who is the main accounting contact person?
   Please provide contact information.
16 Who other contact persons within the
   organization? Please provide contact
   information


   Thank you for answering this questionnaire.
   If you have any questions, please feel free to
   contact us anytime.
       Very truly yours,
       John T. Jones & Co. PLLC
       1500 Citywest Blvd., Ste. 450
       Houston, TX 77042
       713-278-5100 (tel)
       713-278-5115 (fax)
       www.JohnJonesCPA.com
       John@JohnJonesCPA.com



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