Welcome to Personal Income Tax Resources
Dekalb County Georgia Tax Commissioner Article
This is a selection made from among articles on Dekalb County Georgia Tax Commissioner. For a permanent link to this article, or to bookmark it for future reading, click here.
How To Draft An Agreement With Your CPA
from:Utilizing the services of a Certified Personal Accountant, more commonly referred to as a CPA is very common. There are some things you need to think about when drafting an agreement between you and your CPA. Here are the steps involved in drafting up a legal and proper agreement between you and your CPA that will help you maintain a strong and long lasting relationship between you and your CPA.
Many CPA's require that you have an engagement letter in place. An engagement letter is simply what you and your CPA expect form each other so that there is no confusion as to what services are expected form the CPA and what is expected form you the client. Here are some tips to writing a proper engagement letter.
In your engagement letter to your CPA, always define your expectation form the CPA and the CPA's firm. This will provide an overall statement form you that your CPA's firm can follow as guidelines that state specifically what you expect and want.
Defining what you and your CPA's responsibilities are and what duties you must both perform to make the relationship work, is very important to define in your engagement letter. This will provide a definition of what you both need to do to fulfill your obligations to each other which will help avoid future problems.
Defining the fees that you will incur for the services rendered by your CPA is a very important part of the engagement letter, when done right, will eliminate future financial issues. This wil safeguard you against rate adjustments from your CPA and will require that your CPA discuss rate issues with you if they choose to increase any costs for any services rendered that are defined in the engagement letter. You must also know that the fees will only cover services specifically referenced to in the engagement letter. So if you choose to add additional services, it is recommended to draft up a new engagement letter to include these new services and fees.
Sometimes you CPA cannot define actual fees as it may be based upon certain circumstances. For these types of circumstances, discuss in detail why the fees cannot be calculated before hand. Make sure that if the fees cannot be determined before the services are rendered, that you have in your agreement a maximum that you will have to pay or to set a service budget. This will prohibit any outstanding bills. You may also want to include a clause that states that your CPA will also contact you when your budget has almost been reached.
Many time CPA's can use technical language that can become confusing to you. Ask your CPA to use terminology you can understand and to make the word as non technical as possible. This will allow you to feel confident in signing the agreement between you and your CPA. An engagement letter is not only terms you and your CPA agree to abide by, but also is a professional agreement that protects you the client as well as your CPA.
Dekalb County Georgia Tax Commissioner News
Lodging tax increase needed for competition - Times-Journal
Lodging tax increase needed for competition Times-Journal, AL - That’s why Durham went to the DeKalb County Commission on Tuesday to encourage commissioners to pass a resolution supporting an additional 1-percent lodging ... |
DEKALB COUNTY: Budget crunch shrinks reserves - Atlanta Journal Constitution
DEKALB COUNTY: Budget crunch shrinks reserves Atlanta Journal Constitution, USA - By Ty Tagami Facing a projected budget crunch next year, DeKalb County likely will end 2008 with a balanced budget, but only by raiding its piggy bank. ... |
Perdue, governors to seek Obama’s aid - Atlanta Journal Constitution
Perdue, governors to seek Obama’s aid Atlanta Journal Constitution, USA - Georgia Transportation Commissioner Gena Evans said this week that the state could have $1 billion worth of projects ready to go in 180 days, as long as the ... |
The final battle of 2008 - Atlanta Journal Constitution
The final battle of 2008 Atlanta Journal Constitution, USA - Then he had to defeat DeKalb County CEO Vernon Jones in the Democratic runoff. Jones criticized Martin for not voting for Barack Obama in the Democratic ... |
Downtown Connector lanes to be closed - Atlanta Journal Constitution
Downtown Connector lanes to be closed Atlanta Journal Constitution, USA - ... www.decatur-city.k12.ga.us. A three-hour standoff in DeKalb County ended peacefully Friday when a police SWAT team found the suspect hiding under a bed. ... |
ECONOMY EXPLAINED / JOBLESS: UNEMPLOYMENT CHECKUP - Atlanta Journal Constitution
ECONOMY EXPLAINED / JOBLESS: UNEMPLOYMENT CHECKUP Atlanta Journal Constitution, USA - On a recent Monday, dozens of people jammed the lobby of the state Labor Department’s career center at Toco Hill shopping center in DeKalb County. ... |