The full template
Words in brackets, like [Client Name], fill in automatically from your client's details when you use the template in Clientary.
In the editor, you can change any section and package options. Once you send it, your client picks a package and signs online. Edit this template online
Thank you for asking [Company Name] to prepare this year's returns. This proposal covers the returns we'll prepare, what we need from you and when, and three options to choose from.
Your Tax Picture
[Summarize the situation, for example: the business is an S corporation with two owners. Each owner is paid wages by the company and has a mortgage, some investment income, and no other businesses.]
What's Included
- Business return: the company's federal and [state] income tax returns, with a schedule for each owner showing their share of the income
- Owner returns: each owner's federal and [state] individual return, in the options that include them
- Tax planning: quarterly estimated tax calculations and a mid-year projection, in the year-round option
Key Dates
- By [February 1]: the company's books closed for the year, with year-end payroll forms
- By [March 1]: each owner's documents, such as wage statements, investment statements, mortgage interest, and charitable receipts
- [March 15]: our target for filing the business return, for a calendar-year company
- [April 15]: our target for filing the owner returns
Options
Fees are fixed for the returns described. Additional states, rental properties, or other businesses are quoted before we begin.
| Business federal and state returns | $2,400.00 |
| Owner income schedules (2) | $300.00 |
| Total | $2,700.00 |
| Business federal and state returns | $2,400.00 |
| Owner income schedules (2) | $300.00 |
| Owner individual federal and state returns (2) | $1,700.00 |
| Total | $4,400.00 |
| Business federal and state returns | $2,400.00 |
| Owner income schedules (2) | $300.00 |
| Owner individual federal and state returns (2) | $1,700.00 |
| Quarterly estimated tax calculations (4) | $1,200.00 |
| Mid-year tax projection meeting | $600.00 |
| Total | $6,200.00 |
Extensions
If your documents arrive after the dates above, we'll file extensions at no extra charge and complete the returns in order of when information arrives. An extension usually gives more time to file, not more time to pay, so we'll estimate any tax due by the original deadline.
What's Not Included
Responding to notices or examinations from a tax authority, amended returns, bookkeeping, payroll and sales tax returns, and returns in states not listed. We're happy to quote any of these separately.
Payment Terms
50% of the selected option is due on signing, and the balance when the returns are ready for your review. Invoices are due within 15 days. You can pay online by card or bank transfer.
Acceptance
Choose an option and sign below to accept this proposal. We'll send an engagement letter for your signature and a list of the documents we need.
How to use this template in Clientary
- Edit it online. Change any section, add your own, and add a fee table with packages the client can choose from. No account needed.
- Preview it as your client will see it. Fill in who it's for and pick a design.
- Start your free trial to send it. Confirm you'll have it reviewed, since templates aren't legal advice, and your proposal is waiting in your new account with your client's details filled in.
- Send it to be signed. Your client reviews, chooses a package, and signs online, and you can see when it's viewed and signed.
Learn more about proposal software in Clientary.