LVP prepares only the returns, schedules, forms, and related filings identified in the client’s engagement or service selection. Preparation is based primarily on information supplied by the client and is not an audit, examination, or independent verification of every representation or document unless specifically agreed in writing.
Clients must disclose all relevant income, business activity, digital-asset information when applicable, foreign accounts and assets when applicable, dependents, deductions, credits, estimated payments, prior-year carryovers, notices, and other information needed to prepare an accurate return.
LVP may ask follow-up questions or request documentation when information appears incomplete, inconsistent, unusual, or incorrect. Federal paid-preparer due-diligence rules apply to certain credits and filing statuses. LVP may decline to claim a tax benefit or file a return when information does not reasonably support the requested treatment.
The client is responsible for reviewing the completed return and confirming that names, addresses, taxpayer identification numbers, income, deductions, credits, bank information, and other material information are accurate before signing or authorizing filing.
A return is not considered successfully filed merely because it has been prepared or signed. Clients must complete required e-file authorizations, identity-verification steps, and signature requirements and should retain confirmation that the return was accepted or otherwise properly filed.
An extension of time to file generally does not extend the time to pay tax. Clients remain responsible for timely payment of estimated amounts and any interest or penalties imposed by taxing authorities.
LVP does not control government processing times and does not guarantee a refund amount, refund date, tax outcome, credit eligibility, audit result, or acceptance of a position by a taxing authority.
Unless expressly included in writing, responding to notices, preparing amended returns, audit or examination support, appeals, collections, tax resolution, and representation before a taxing authority are separate services and may require additional documentation, authorization, and fees.
Tax laws, forms, administrative guidance, filing systems, and government interpretations can change. Advice and preparation are based on the facts and law reasonably applicable to the engagement at the time services are performed.
Clients are responsible for providing complete, accurate, and timely information and for notifying LVP when previously provided information changes or is discovered to be incorrect. Requested documents should be submitted sufficiently in advance of filing, payroll, reporting, or other deadlines. Late or incomplete submissions may prevent timely completion.
Uploaded documents should be complete, readable, and include all relevant pages. Clients should avoid sending cropped, obscured, password-protected, or illegible files unless coordinated with LVP.
Clients should review returns, reports, registrations, filings, and other deliverables before authorizing submission and promptly ask questions about information they do not understand.
If a client receives corrected tax forms, discovers omitted income, receives a government notice, or learns that information previously provided was inaccurate, the client should notify LVP promptly.
