Service Covered

• One legal entity
• By accepting this proposal, you authorize us to file the service on your behalf. We will first send it to you for your review and file after your confirmation.

Our service covers the preparation and filing of your BE-12 Benchmark Survey for one legal entity. Simply fill out a brief questionnaire, our team will prepare your BE-12 Benchmark Survey and send it to you for review. After your confirmation, we will file the survey on your behalf.

Please note that the survey will be filed under the BEA account of one of our team members. If you own or create a BEA account, you will not be able to see the filed survey under your own account.

Please note that if you missed the required deadline, we are not liable for any consequences or penalties resulting from late filing.

If you are our recurring client or we are already preparing your taxes, the process will be even smoother, as we will have most of the information needed for the survey.

Your dedicated expert will contact you latest in one business day after your acceptance and payment of the engagement.

Survey Type: BE-12 Benchmark Survey

We will use the information provided by you and will not perform any audits or reviews on the information provided.

We will send you the prepared report for you to review, and file the report once you confirm the accuracy of the information.

DISCLAIMER! We are not a CPA firm or a law firm and do not provide attestation, audit, compilation, tax, or legal advisory services on your financials, tax returns, or agreements or matters that require such licensed professionals. We prepare the financial reporting pack and/or payroll and/or tax returns based on the information provided by you. We also use standard agreement templates available. We cannot represent you in front of IRS or legal authorities unless you engage us as your CFO, representing the Company as a Director, with a separately priced engagement, even in such an engagement, we cannot represent you as your legal counsel or CPA. In case of any CPA or legal service requirement, we would recommend you to engage a CPA or law firm. If you delegate us to hire such a firm,  based on your approval of the firm and the fees we can hire them, pay them on your behalf and reflect the CPA or law firm service charges to you, or you may choose to engage one directly yourself.

Our engagement cannot be relied upon to disclose errors, fraud, or other illegal acts that may exist. However, we will inform you of any material errors that come to our attention and any fraud that comes to our attention. We will also inform you of any other illegal acts that come to our attention, unless clearly inconsequential. Our responsibility as tax preparer is limited to the tax period specified above and does not extend to any later periods of which we are not engaged as tax preparers.

Our services are not designed to provide assurance on internal controls or to identify reportable conditions, that is, significant deficiencies or material weaknesses in the design or operation of internal control. Accordingly, we have no responsibility to identify and communicate significant deficiencies or material weaknesses in your internal controls as part of this engagement, and our engagement cannot be relied upon to disclose the same. However, during the procedures, if we become aware of such reportable conditions, we will communicate them to you.

You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the Company involving (a) management (b) employees who have significant roles in internal control, and (c) others where the fraud could have a material effect on the financial statements. You are also responsible for informing us of your knowledge of any allegations of fraud or suspected fraud affecting the Company received in communications from employees, former employees, regulators, or others. In addition, you are responsible for identifying and ensuring that the entity complies with applicable laws and regulations.

In order for us to complete this engagement, and to do so efficiently, we require unrestricted access to the relevant documents and individuals within your company. Specifically, we must receive sufficient information from which to prepare your forms within a reasonable period of time prior to the applicable filing deadline. Any failure to provide such cooperation, and to do so on a timely basis, will impede our services and may require us to pursue an extension of the due date of your returns, suspend our services or withdraw from the engagement.

The law provides various penalties and interest that may be imposed when companies understate their liabilities. You acknowledge that any such understated liabilities, and any imposed interest and penalties, are your responsibility and that we have no responsibility in that regard. If you would like information on the amount or circumstances of these penalties, please contact me.

We must rely on the accuracy and completeness of the relevant information you provide to us, and, in the event we and/or you are assessed penalties due to our reliance on inaccurate, incomplete, or misleading information you supplied to us (with or without your knowledge or intent), you will indemnify us, defend us and hold us harmless as to those penalties

Our fees for this engagement are not contingent on the results of our services. Rather, our fees for this engagement, including preparation of your returns and if separately engaged, any representation of your interests during an examination by an authority and/or any subsequent appeal, will be based on our agreed rate.

In addition, you agree to reimburse us for any of our out-of-pocket costs incurred in connection with the performance of our services.

Prior to commencing our services, we require that you provide us with a retainer in the agreed amount or pay the full-service fee in advance. The retainer will be applied against our final invoice, and any unused portion will be returned to you upon our collection of all outstanding fees and costs related to this engagement. Our fees and costs will be billed in advance or monthly, and are payable upon receipt. Invoices unpaid 7 days past the billing date may be deemed delinquent, and are subject to an interest charge of 1.5% per month. We reserve the right to suspend our services or to withdraw from this engagement in the event that any of our invoices are deemed delinquent. In the event that any collection action is required to collect unpaid balances due us, you agree to reimburse us for our costs of collection, including attorneys’ fees.

If we elect to terminate our services for nonpayment, or for any other reason provided for in this letter, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed your form. You will be obligated to compensate us for all time expended and to reimburse us for all of our out-of-pocket costs, through the date of termination.

In connection with this engagement, we may communicate with you or others via email transmission. As emails can be intercepted and read, disclosed, or otherwise used or communicated by an unintended third party, or may not be delivered to each of the parties to whom they are directed and only to such parties, we cannot guarantee or warrant that emails from us will be properly delivered and read-only by the addressee. Therefore, we specifically disclaim and waive any liability or responsibility whatsoever for the interception or unintentional disclosure of emails transmitted by us in connection with the performance of this engagement. In that regard, you agree that we shall have no liability for any loss or damage to any person or entity resulting from the use of email transmissions, including any consequential, incidental, direct, indirect, or special damages, such as loss of revenues or anticipated profits, or disclosure or communication of confidential or proprietary information.

It is our policy to retain engagement documentation for a period of seven years, after which time we will commence the process of destroying the contents of our engagement files. To the extent we accumulate any of your original records during the engagement, those documents will be returned to you promptly upon completion of the engagement, and you will provide us with a receipt for the return of such records. The balance of our engagement file, other than a copy of your income tax return, which we will provide to you at the conclusion of the engagement, is our property, and we will provide copies of such documents at our discretion and if compensated for any time and costs associated with the effort.

In the event we are required to respond to a subpoena, court order or another legal process for the production of documents and/or testimony relative to information we obtained and/or prepared during the course of this engagement, you agree to compensate us at our hourly rates, as set forth above as minimum $399 per hour, for the time we expend in connection with such response, and to reimburse us for all of our out-of-pocket costs incurred in that regard.

In the event that we are or may be obligated to pay any cost, settlement, judgment, fine, penalty, or similar award or sanction as a result of a claim, investigation, or other proceeding instituted by any third party, and if such obligation is or maybe a direct or indirect result of any inaccurate, incomplete, or misleading information that you provide to us during the course of this engagement (with or without your knowledge or intent), you agree to indemnify us, defend us (with counsel of our choosing), and hold us harmless as against such obligation.