Client Engagement Letter
By engaging Elite Financial Consulting LLC for any professional services — including communication, document submission, or payment — you acknowledge and agree to the terms outlined in our Client Engagement Letter.
1. Scope of Services
Elite Financial Consulting LLC provides professional accounting, bookkeeping, and tax preparation services. These services do not include investment, legal, or financial advisory services unless expressly agreed in writing. All work will be performed in accordance with professional standards and IRS Circular 230 requirements.
2. Professional Standards & Confidentiality
Your information will be handled confidentially and securely. We comply with all professional ethics and data protection standards. No information will be released to third parties without your consent, except as required by law.
3. Client Responsibilities
You agree to provide accurate, complete, and timely information necessary for service completion. The Firm is not responsible for errors resulting from incomplete or inaccurate data provided by you or third parties.
4. Fees, Billing & Payment Terms
Fees will be discussed and agreed upon before work begins. Payment is due upon completion of services unless other arrangements are made. Late or unpaid balances may accrue finance charges and could result in suspension of services or delay of deliverables. Nonpayment may also result in legal action and collection efforts to recover outstanding balances, including reasonable attorney and collection fees.
5. Audit Protection & IRS Representation
Elite Financial Consulting LLC offers Audit Protection on all filed returns. This coverage includes assistance in responding to IRS notices related to returns we have prepared. Representation before the IRS may be provided by an Enrolled Agent or authorized representative within the Firm when applicable.
6. Electronic Communication & Data Security
You consent to the use of secure electronic communication (email, portals, file transfer tools, etc.) for sharing information and documents. The Firm uses commercially reasonable security measures to protect data; however, no system is completely risk-free, and you accept such inherent electronic risks.
7. Limitation of Liability & Disclaimer
The Firm’s liability for any claim is limited to the amount paid for the specific services giving rise to the claim. Services provided do not constitute legal, investment, or financial advice. You are encouraged to consult appropriate professionals before making decisions based on our work.
8. Record Retention & Termination
Client records will be retained for at least seven (7) years, after which they may be securely destroyed. Either party may terminate this engagement at any time by written notice, subject to payment for services rendered to date.
9. Acknowledgment of Understanding
By engaging the Firm, you acknowledge that you have read and understand the terms of this Engagement Letter, and that your continued communication, document submission, or payment to Elite Financial Consulting LLC constitutes acceptance of these terms.
Elite Financial Consulting LLC is not a law firm. All services are provided under professional accounting standards.
