January 2009

Dear Client:

This letter is to confirm and specify the terms of our engagement with you and to clarify the nature and extent of the services we will provide.  In order to insure an understanding of our mutual responsibilities, we ask all clients for whom returns are prepared to confirm the following arrangements.  

We will prepare your 2008 federal and required state income tax returns from information that you will furnish us.  We will not audit or otherwise verify data you submit, although it may be necessary to ask you for clarification of some of the information.  We will furnish you with questionnaires and /or worksheets to guide you in gathering the necessary information.  Your use of such forms will assist in keeping pertinent information from being overlooked.

It is your responsibility to provide all information required for the preparation of completed and accurate returns.  You should retain all documents, canceled checks and other data that form the basis income and deductions.  These may be necessary to prove the accuracy and completeness of the returns to a taxing authority.  You have the final responsibility for the income tax returns and, therefore, you should review them carefully before you sign them. 

Your returns may be selected for review by the taxing authorities.  Any proposed adjustments by the examining agent are subject to certain rights of appeal.  In the event of such governmental tax examination, we will be available, upon request, to represent you and will render additional invoices for the time and expenses or you can take advantage of our Audit Fee Protection program which will allow you to pay one price now and be protected from the cost in the future.  Details on this program will be sent with your tax returns. 

Our fee for these services will be based upon the amount of time required at standard billing rates plus out-of-pocket expenses.  All invoices are due and payable upon presentation, and will accrue interest at 1% per month after 30 days.  Our fee will be a minimum of $ 500 for a federal and state return (excluding children’s returns). 

If the forgoing fairly sets forth your understanding, please sign the enclosed copy of this letter in the space indicated and return to our office.  However, if there are other tax returns you expect us to prepare, such as gift/or property, please inform us by noting so just below your signature at the end of the returned copy of this letter.
 
We want to express our appreciation for this opportunity to work with you.

                                                                         Very truly yours,

                                                                        Jump, Scutellaro and Company, LLP

Accepted By: