Feb 4, 2013 Meeting w/ Notes

FRE RICKZINK& Associates
A profe !ional corporation. I CPA s BILLING POLICY
In addition to 1he hourly fees, expenses incurred on behalf of the client will be billed at cost. Expenses include, but are
not limited to:
• Trave Expenses (Mileage at IRS standard business mileage rate; Lodging; Meals)
• Posta e / Overnight delivery
• Other out-of-pocket expenses
TAX RETUR 4 COSTS
Other costs ass aciated with tax return preparation are typically included in the fee and not separately stated. Generally,
these include:
• Forms and related schedules
• Exten ions
• Copy nd Assembly
• Comp ter Software Charges
RETAINERS
Retainers may a requested under certain circumstances. If you are notified in the engagement letter that a retainer is
required, Fredr ckZink & Associates will not start any work until the retainer is received. A retainer may be requested
under the folio , ving conditions:
• Prepar ition of delinquent tax returns
• Client ccount with FZA has been more then 60 days delinquent within the last 12 months
Under certain c rcumstances, FredrickZink & Associates may-bill a client based on.afixed fee._The fee_wdl_be.agreed_
upon before ani work begins, and will be detailed in the engagement letter.
Fixed fee enga ments will be due and payable upon the following schedule:
1/3 of I ie fee will be due before FZA begins work
1/3 of I ie fee will be due when primary field work is finished (half -way through the engagement)
1/3 of t ie fee will be due at the completion of the engagement
Tax preparationi fees are billed when the tax return is delivered to the client.
All other hourly fee engagements are typically billed on a monthly cycle —usually around the 5`h of the month for the
previous month
Negotiated fee gagements will be billed monthly as time is incurred and are due on presentation. Refer to "Fixed Fee
Engagements" tove.
TERMS
Invoices are du upon presentation and become delinquent after 30 days. Invoices that are not paid within 45 days of
presentation wil be assessed a service charge of 1.5% per month until the balance is paid.
Work may be su pended if your account becomes 30 days or more overdue and will not be resumed until your account is
paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been
completed upon Nritten notification of termination, even if we have not completed our report. You will be obligated to
compensate us for all time expended and to reimburse us for all out -of- pocket expenditures through the date of
termination.
954 East Secon Ave. Suite 201, Durango, CO 81301 • 970 - 247 -0506 fax: 970 - 247 -0587 durangocpas.com
Members: America I Institute of Certified Public Accountants and Colorado Society of Certified Public Accountants