Terms and Conditions
Terms and Conditions
By registering at our website, you are agreeing to be bound by these website Terms and Conditions. The materials contained in this website are protected by applicable copyright and trademark laws. US Global Tax Filers reserves the right, in its sole discretion, to modify or update these provisions at any time. Please check this page each time you visit this website for the most current information.
US Global Tax Filers is a full service tax consulting firm offering tax return preparation, tax planning, tax compliance to individuals. We at US Global Tax Filers are sensitive to customer concerns and ensure absolute confidentiality and privacy of any information that is given to us. Under no circumstances will US Global Tax Filers, its advisors, agents, representatives and employees are liable or responsible for any damage or inconvenience caused or alleged to be caused by the use of our services. US Global Tax Filers' liability relating to any product or service shall be strictly limited to the amount of fees paid to and received by US Global Tax Filers for such product or service. US Global Tax Filers and its services are not a substitute for the advice of an attorney, or licensed CPA.
SECURITY and DISCLAIMER:
US Global Tax Filers process has a legal duty to protect the confidentiality of taxpayer information. We take all reasonable steps to protect any information you submit via our website, both online and offline.
We use technologies to safeguard your data, and operate strict security standards to prevent any unauthorized access to it.
Where you use passwords, ID numbers, or other special access features on this site, you also have a responsibility to take reasonable steps to safeguard them. Despite US Global Tax Filers best efforts, however, security cannot be absolutely guaranteed against all threats.
Completeness and Accuracy of Your Information:
In preparing each of your returns, US Global Tax Filers will rely on the information that you are supplying to be accurate and complete to the best of your knowledge. US Global Tax Filers will make no audit or other verification of the data you submit, although US Global Tax Filers may need to ask you for clarification of some of the information you provide.
Since the returns will reflect the information that you have given us, you have the ultimate responsibility for their accuracy; therefore, you should review each return carefully before you sign and file it.
US Global Tax Filers procedures in connection with the preparation of your income tax returns do not include any procedures designed to discover errors or other irregularities in the information you provide to us, should any exist. US Global Tax Filers will, however, provide such tax and accounting assistance as US Global Tax Filers finds necessary for preparation of these returns.
Your Federal income tax form includes a “Third Party Designee” section by which you can authorize your US Global Tax Filers preparer to give the IRS any information that is missing from your return, call the IRS for information about the processing of your return, and respond to certain IRS notices.
Tax Positions, Potential Penalties and Tax Shelter Disclosure Requirements:
Because the tax law is not always clear, US Global Tax Filers will use its professional judgment in assisting you to resolve questions affecting your returns. Your returns may be selected for review by taxing authorities, who may not agree with your positions. Any adjustments they propose are subject to certain rights of appeal. In that event, US Global Tax Filers would generally be pleased to represent you for an additional fee. Because of the lack of clarity in the law, however, US Global Tax Filers cannot provide assurance that the positions asserted by taxing authorities will not ultimately be sustained. You should note that the tax law currently provides for a 20 percent penalty that applies to any “substantial understatement” of tax liability which is defined as the greater of 10 percent of the tax required to be shown on the return or $5,000.
The IRS and some states have promulgated “tax shelter” rules that require taxpayers to disclose their participation in “reportable transactions” by attaching a disclosure form to their federal and/or state income tax returns and, when necessary, by filing a copy with the Internal Revenue Service and/or the applicable state agency. These rules impose significant requirements to disclose transactions and such disclosures may encompass many transactions entered into in the normal course of business or in your personal investing activities. Failure to make such disclosures could result in substantial penalties. You are responsible for ensuring that you have properly disclosed all “reportable transactions”. US Global Tax Filers will not be liable for any penalties resulting from your failure to accurately or timely file any required disclosure. Please note that any disclosure required by or made pursuant to the tax shelter rules is separate and distinct from any other disclosure that you might be required or choose to make with your tax returns. US Global Tax Filers' ability to identify transactions requiring disclosure is limited to the information that you provide as part of the tax return preparation process. In this connection, you should note that US Global Tax Filers cannot take responsibility for identification of potentially disclosable transactions that originate from pass-through entities (partnerships, S Corporations, LLC’s, etc.) when the relevant facts are not disclosed by the pass-through entity’s tax reporting information that you are responsible to supply to us. Further, our procedures will not include inquiries of the pass-through entities to ascertain the existence of potentially disclosable transactions unless you specifically request such services from us in writing.
PROFESSIONAL FEES AND EXPENSES
In the course of preparing your returns, we may identify additional issues, which may require us to discuss a change in our fee estimate with you.