Pratt & LeFevre Terms & Conditions
Pratt & LeFevre Corporation
Terms and Conditions of Services
Effective Date: [EFFECTIVE DATE]
These Terms and Conditions of Services ("Terms") govern services provided by Pratt & LeFevre Corporation, a Utah corporation ("Pratt & LeFevre," "Company," "we," "us," or "our"), to each person, household, business, or other entity purchasing or receiving services from Pratt & LeFevre ("Client," "you," or "your"). By purchasing services, signing or electronically accepting an engagement agreement, checking an acceptance box, or otherwise authorizing Pratt & LeFevre to begin work, Client acknowledges that Client has read, understands, and agrees to these Terms.
1. Scope of Services
Pratt & LeFevre provides tax planning, tax preparation, business and financial structuring, entity-formation coordination, ongoing Client Account Management Services, and related professional services. Depending upon the Client's circumstances and applicable engagement, services may include: Tax planning and strategy; Federal and state tax-return preparation; Business and entity structuring; Formation or coordination of limited liability companies ("LLCs"); Formation or coordination of corporations, including C corporations; Creation or coordination of trusts and related ownership structures; Organizational documents associated with newly formed entities; Assistance with certain asset transfers or reorganizations; Ongoing consultation regarding business and tax structures; Monthly Client Service Advisor meetings; Quarterly CFO-level advisory meetings; and Other professional services agreed upon in writing. The appropriate structure and services vary by Client. Pratt & LeFevre does not represent that every Client needs, qualifies for, or will benefit from every entity, strategy, deduction, credit, election, or planning technique discussed in marketing materials, webinars, educational materials, consultations, or examples. The specific scope applicable to a Client may also be described in an engagement agreement, proposal, service order, statement of work, onboarding documentation, or other written agreement.
2. Initial Structuring and Implementation Services
The current standard price for Pratt & LeFevre's initial structuring and implementation services is $5,000.00. Clients who qualify for and timely accept the promotional offer presented through Pratt & LeFevre's Beyond the Tax Return webinar may purchase the same applicable initial service package for a promotional price of $3,750.00 ("Promotional Implementation Fee"). The Promotional Implementation Fee is a one-time payment for the Client's initial structuring and implementation engagement. Depending upon the Client's circumstances and agreed-upon financial structure, these services may include the formation, preparation, establishment, or coordination of entities and structures including, but not limited to: One or more LLCs; One or more C corporations; One or more trusts; Related organizational structures; Certain asset-transfer documentation; and Other documents or structures reasonably appropriate to implement the agreed-upon plan. Payment of the Promotional Implementation Fee does not entitle every Client to every entity or document listed above. The type and number of entities or structures will depend upon the Client's financial circumstances, planning objectives, applicable law, and the recommendations developed during the engagement. Payment Before Implementation: The Client's applicable implementation fee must be paid in full before Pratt & LeFevre begins entity-formation, document-preparation, filing, or other substantive implementation work associated with the Client's structure. For Clients purchasing under the Beyond the Tax Return promotional offer, the applicable initial fee is $3,750. Pratt & LeFevre is not required to begin implementation until both: The applicable fee has been successfully received; and The Client has provided information and documentation reasonably necessary to begin the work.
3. Standard and Promotional Pricing
The $3,750 implementation price and $3,872 annual service price described in these Terms are promotional prices associated with the Beyond the Tax Return program. Pratt & LeFevre's current corresponding standard prices are: Initial Structuring and Implementation Services: $5,000; Annual Tax, Advisory, and Client Account Management Services: $4,840. Pratt & LeFevre may advertise, publish, or otherwise display its standard prices on its website, Services page, marketing materials, proposals, or elsewhere. Publication of a standard price does not change a promotional price properly accepted by an eligible Client. Promotional pricing may be subject to eligibility requirements, acceptance deadlines, or other conditions disclosed in connection with the applicable offer.
4. Third-Party and Government Fees
Unless expressly stated otherwise in writing, Pratt & LeFevre's professional-service fees do not automatically include every governmental or third-party expense associated with implementation or ongoing services. Additional charges may include, where applicable: State filing fees; County or recording fees; Registered-agent fees; Licensing fees; Publication fees; Expedited-processing fees; Notarial costs; Banking charges; Courier or delivery costs; or Other third-party expenses. Pratt & LeFevre will disclose material additional charges in advance whenever reasonably practicable. Governmental and third-party charges are separate from Pratt & LeFevre's professional compensation.
5. Ten-Day Refund Policy
Pratt & LeFevre provides a 10-calendar-day refund period applicable to the Client's initial Structuring and Implementation Fee. The refund period begins on the date Pratt & LeFevre receives the Client's payment. To exercise this right, Client must provide written notice of cancellation within ten (10) calendar days following the payment date. Upon timely cancellation, Pratt & LeFevre will refund the professional-service portion of the Implementation Fee actually paid by the Client. For a Beyond the Tax Return Client, the maximum refundable professional-service amount is based upon the $3,750 promotional amount actually paid, rather than the $5,000 standard price. Amounts already paid or irrevocably committed to governmental agencies or independent third parties on the Client's behalf—including filing, recording, registered-agent, expedited-processing, or similar charges—may be deducted from the refund to the extent those amounts cannot reasonably be recovered. After the 10-day refund period expires, fees paid are non-refundable except where otherwise required by law or expressly agreed to in writing by Pratt & LeFevre. This refund provision applies to the initial Structuring and Implementation Fee and does not create an automatic refund right for annual services, third-party charges, or separately contracted professional services.
6. Annual Tax, Advisory, and Client Account Management Services
Pratt & LeFevre offers an ongoing annual service program designed to help Clients maintain their financial structures throughout the year and prepare for tax filing before tax season arrives. The current standard annual price for these services is $4,840.00. Eligible Beyond the Tax Return Clients receive the service package for the promotional annual price of $3,872.00 ("Promotional Annual Services Fee"). The Annual Services Fee is separate from the Initial Structuring and Implementation Fee. The annual service package includes the services described below.
7. Monthly Client Service Advisor Meetings
The Client will have access to monthly meetings with an assigned Client Service Advisor ("CSA"). These meetings are intended to assist the Client with understanding, maintaining, and properly operating the Client's business and financial structures throughout the year. Topics may include: General bookkeeping questions; Recordkeeping practices; Categorization and documentation of transactions; Practical operation of the Client's entities; Significant purchases; Material increases or decreases in income; Changes in business activity; New sources of income; Employment or compensation changes; Significant expenses; Major financial transactions; and Other developments potentially affecting the Client's planning. The objective is to provide the Client with an ongoing resource so that significant events can be considered when they occur rather than first being discovered during tax preparation. A CSA may refer matters requiring higher-level tax, financial, accounting, or legal review to the Client's CFO, tax professional, attorney, or other qualified professional. Monthly CSA meetings are advisory and support services and do not constitute full-service bookkeeping unless bookkeeping services have been separately contracted.
8. Quarterly CFO Meetings
The annual service package also provides access to quarterly meetings with an assigned Chief Financial Officer or CFO-level advisor ("CFO"). The CFO provides higher-level oversight of the Client's planning and evaluates whether the Client's financial activities remain generally aligned with the objectives established for the Client. Quarterly reviews may include: Review of information gathered during CSA meetings; Review of business and personal financial trends; Consideration of material financial developments; Review of anticipated income and expenses; Review of entity operations; Identification of potential issues before year-end; Coordination of planning objectives with anticipated tax preparation; and Recommendations for adjustments based upon changes in the Client's circumstances. These meetings are intended to help maintain the Client's planning trajectory throughout the year so tax preparation reflects proactive planning rather than solely after-the-fact reporting.
9. Client Participation and Missed Meetings
The Annual Services Fee provides access to the service package described in these Terms. It is not calculated according to the number of meetings actually attended. The Client is responsible for reasonably participating in the relationship, including: Scheduling available meetings; Attending scheduled meetings; Responding to reasonable communications; Providing requested documentation; Advising Pratt & LeFevre of significant financial changes; and Providing information in sufficient time for meaningful planning. A Client's failure to schedule, attend, or fully utilize an available CSA or CFO meeting does not: Reduce the Annual Services Fee; Create a refund right; Create a credit; Extend the service period; Create an entitlement to additional future meetings; or Relieve the Client of payment obligations. Unused meetings do not automatically accumulate or roll forward into future months, quarters, or service years. If a Client misses or cancels a meeting, Pratt & LeFevre may permit rescheduling subject to reasonable notice and staff availability. Pratt & LeFevre will make commercially reasonable efforts to make included meetings available. However, the effectiveness of ongoing tax and financial planning depends materially upon the Client's participation. Pratt & LeFevre is not responsible for a lost planning opportunity or adverse result to the extent caused by the Client's failure to participate, provide requested information, or timely communicate a material change in circumstances.
10. Included Tax Preparation
The Annual Services Fee includes standard tax-preparation services for: Up to one (1) LLC tax filing; Up to one (1) C corporation tax filing; and One (1) individual income tax return that may include up to two (2) Forms W-2. The two-W-2 allowance is intended to accommodate, among other circumstances, a married Client filing jointly with a spouse. The precise tax forms required for an LLC will depend upon its tax classification, ownership, applicable elections, and relevant law. The annual package does not constitute unlimited tax preparation.
11. Services Outside the Annual Package
Additional fees may apply to work outside the standard annual service scope. Examples include: Additional LLCs, corporations, partnerships, trusts, or other entities; Additional individual tax returns; Additional entity tax returns; Prior-year returns; Amended returns; Significant bookkeeping cleanup or reconstruction; Full-service bookkeeping; Payroll processing or payroll-tax filings; Complex real-estate transactions; Complex partnership matters; International tax matters; Materially complex investment transactions; IRS or state audit representation; Tax controversy or collections matters; Litigation support; Legal representation; Additional entity formation or restructuring; or Other work materially exceeding the standard service package. Pratt & LeFevre will inform the Client of material additional fees before undertaking additional work whenever reasonably practicable.
12. Beyond the Tax Return Annual Pricing
A Client who properly qualifies for and accepts the $3,872 Beyond the Tax Return Promotional Annual Services Fee will remain eligible for that promotional annual price for 5 Years, as long as the Client continuously maintains the annual service relationship with Pratt & LeFevre and remains in good standing. For purposes of this provision, maintaining continuous service generally requires that the Client: Remain enrolled in the annual service program; Remain current on amounts owed; Comply with these Terms and applicable engagement agreements; and Not voluntarily cancel, terminate, or allow the annual service relationship to lapse. So long as these conditions are satisfied, increases to Pratt & LeFevre's generally published Standard Annual Services Fee will not, by themselves, cause the Client's $3,872 promotional annual rate to increase. If the Client cancels, terminates, or permits annual service to lapse and later wishes to return, Pratt & LeFevre may require the Client to enroll at the standard or promotional pricing then available. The promotional 5-Year Price Lock applies to the standard annual service package described in these Terms. It does not include additional entities, additional tax returns, extraordinary work, expanded services, governmental fees, or third-party costs. The expiration of the five-year price lock does not automatically mean that the promotional discount will be removed. Pratt & LeFevre may elect to continue the promotional discount, extend it, modify it, or otherwise continue offering preferred pricing after the initial five-year period. Any material change to the annual pricing following the Promotional Price Lock Period will be communicated before the revised pricing becomes applicable to a future annual service period. Pratt & LeFevre may change how services are operationally delivered—including technology, staffing models, scheduling procedures, communication methods, service processes, and administrative policies—without terminating an otherwise eligible Client's grandfathered $3,872 promotional annual price.
13. Timing of Annual Service Payment
As a payment accommodation, Pratt & LeFevre generally permits the Client's applicable Annual Services Fee to be paid when the Client receives the applicable federal income-tax refund from the Internal Revenue Service. For an eligible Beyond the Tax Return Client, that annual fee is $3,872. This arrangement affects the timing of payment only. The Annual Services Fee is a fixed fee for services and is not calculated as a percentage of the Client's refund, tax savings, deduction, credit, or other tax benefit. The Annual Services Fee is not contingent upon the Client obtaining a refund.
14. Insufficient, Delayed, or Absent Tax Refund
The Client remains legally responsible for the entire applicable Annual Services Fee regardless of the amount of any tax refund. For example, if a Client owes $3,872 and receives an IRS refund of $2,000, the Client remains responsible for the remaining $1,872. Likewise, a: Smaller-than-expected refund; Delayed refund; Intercepted refund; Offset refund; Adjusted refund; Denied refund; or Complete absence of a refund does not eliminate the Client's payment obligation. If no refund is received, or the refund is insufficient to pay the Annual Services Fee, Pratt & LeFevre may establish a reasonable payment deadline or payment arrangement. The Client's obligation to pay for services exists independently of the IRS's determination concerning the Client's refund.
15. No Guarantee of Tax Results
Pratt & LeFevre does not guarantee: That the Client will receive an income-tax refund; The amount or timing of any refund; That a particular strategy will create a specific tax savings; That a tax authority will accept a particular filing position; That the Client will qualify for a particular deduction, credit, election, entity treatment, or tax benefit; That a particular entity structure will produce a specific financial result; That tax laws or interpretations will remain unchanged; or That the Client will never be audited, examined, questioned, or challenged. Examples, illustrations, projections, webinar presentations, case studies, advertising claims concerning potential savings, and hypothetical scenarios are educational or illustrative and do not constitute guarantees of an individual Client's results. Tax outcomes depend upon each Client's facts, conduct, documentation, applicable law, and other circumstances.
16. Client Responsibility for Information
Client agrees to provide complete, accurate, and timely information reasonably necessary for Pratt & LeFevre to perform its services. This may include information concerning: Income; Employment; Businesses and side businesses; Assets and liabilities; Ownership interests; Investments; Expenses; Deductions; Prior tax filings; Family and dependent information; Business transactions; Property transfers; Bank and financial information; and Other relevant financial matters. Pratt & LeFevre is entitled to rely upon information supplied by Client unless there is a reasonable basis to believe it is incomplete, inconsistent, or inaccurate. Client agrees not to intentionally conceal, omit, falsify, or materially misrepresent information. If new information materially changes assumptions underlying prior advice or recommendations, Pratt & LeFevre may revise its recommendations or decline to proceed with a previously contemplated strategy.
17. Client Responsibility for Tax Returns
Pratt & LeFevre will exercise reasonable professional care in preparing tax returns within the agreed scope of services. Client remains responsible for reviewing each return before filing and confirming that information contained in the return is complete and accurate. Client remains legally responsible for information reported on Client's tax returns and for taxes, penalties, interest, assessments, or other amounts legally imposed upon Client. Pratt & LeFevre will not knowingly prepare, submit, or assist with a return containing fraudulent or materially false information.
18. Lawful Tax Planning and Professional Judgment
Pratt & LeFevre's services are intended to help Clients organize their financial and business affairs in a lawful and tax-efficient manner. Pratt & LeFevre will not knowingly participate in: Tax evasion; Concealment of income; Falsification of expenses; Fabrication of transactions; Sham transactions; False records; or Other unlawful conduct. A strategy intended to lawfully reduce taxes should not be interpreted as a representation that the strategy can never be questioned or challenged by a taxing authority. Professional tax and business planning also involves judgment, and reasonable professionals may sometimes interpret facts or legal authorities differently. If Pratt & LeFevre determines that a requested position cannot reasonably be supported under applicable law or professional standards, Pratt & LeFevre may decline to implement or report that position.
19. Changes in Tax Law or Client Circumstances
Tax laws, regulations, administrative guidance, judicial decisions, and governmental interpretations may change. Advice provided by Pratt & LeFevre is based upon the information and authority reasonably available when the advice is given. Pratt & LeFevre does not guarantee that advice appropriate at one point in time will remain appropriate after changes in law or changes in the Client's circumstances. Client should promptly advise Pratt & LeFevre of material changes involving matters such as: Employment; Income; Marriage or divorce; Dependents; Residence; Business activities; Investments; Real estate; Major purchases; New entities; New sources of income; or Other significant financial events.
20. Entity Operation and Maintenance
Creation of an LLC, corporation, trust, or other legal structure does not, by itself, guarantee tax savings, asset protection, liability protection, or any particular financial result. Clients are responsible for appropriately operating and maintaining their entities following formation. Depending upon the entity and jurisdiction, responsibilities may include: Maintaining appropriate financial accounts; Separating personal and entity transactions; Maintaining books and records; Documenting transactions; Filing required governmental reports; Maintaining registered-agent information; Paying required governmental fees; Maintaining corporate or company records; Properly documenting property transfers; Complying with payroll requirements; Filing required tax returns; and Observing other applicable legal formalities. Pratt & LeFevre provides ongoing compliance assistance only to the extent expressly included in the Client's service package or separately agreed upon.
21. Legal and Other Professional Services
Certain aspects of entity formation, trust creation, accounting, taxation, estate planning, and asset structuring may require services performed by appropriately licensed or credentialed professionals. Where required or appropriate, services may be performed by or coordinated with attorneys, certified public accountants, enrolled agents, tax professionals, or other qualified providers. Unless an attorney-client relationship is expressly established through a separate engagement with a licensed attorney, Client should not assume that communications with Pratt & LeFevre are protected by attorney-client privilege. General information provided through websites, advertisements, webinars, presentations, or preliminary consultations should not be interpreted as individualized legal advice.
22. IRS and State Audits, Notices, and Representation
Unless expressly included in the Client's service package, tax preparation does not automatically include representation in: IRS audits; State tax audits; Administrative appeals; Collection proceedings; Tax Court matters; Litigation; Investigations; or Other governmental proceedings. A Client receiving correspondence from the IRS or another taxing authority should promptly provide that correspondence to Pratt & LeFevre. Assistance or representation outside the agreed service scope may require a separate engagement and additional fees.
23. Deadlines and Client Delays
Pratt & LeFevre will use commercially reasonable efforts to perform services in a timely manner. Timely completion frequently depends upon Client providing requested documentation and information. Pratt & LeFevre is not responsible for penalties, interest, lost planning opportunities, delayed filings, or other adverse consequences to the extent caused by Client's failure to provide necessary information accurately and on time. Where appropriate, Pratt & LeFevre may recommend filing an extension. An extension of time to file a tax return generally does not constitute an extension of time to pay taxes that may be due.
24. Communications and Electronic Transactions
Client authorizes Pratt & LeFevre to communicate using contact information supplied by Client, including: Email; Telephone; Text messaging; Secure client portals; Electronic-signature systems; and Other reasonable electronic communication methods. Client is responsible for maintaining accurate contact information. Client agrees that electronic records, electronic acceptance, and electronic signatures may be used in connection with the engagement to the extent permitted by applicable law. Electronic acceptance of these Terms is intended to have the same effect as acceptance through a handwritten signature. Because ordinary email and text messaging may present security risks, Client agrees to use secure systems made available by Pratt & LeFevre when transmitting sensitive tax, identity, or financial information.
25. Privacy, Confidentiality, and Data Security
Pratt & LeFevre recognizes that Client tax, financial, business, and personally identifying information is sensitive. Pratt & LeFevre will maintain administrative, technical, and physical safeguards reasonably designed to protect Client information and will maintain data-security practices as required by applicable law and professional obligations. Client information may be provided to employees, contractors, professional advisers, software providers, tax-preparation providers, governmental agencies, financial institutions, or other service providers when reasonably necessary to perform authorized services and permitted by law. Where applicable law requires additional authorization before taxpayer information may be used or disclosed for a particular purpose, Pratt & LeFevre will obtain such authorization. Pratt & LeFevre may maintain a separate Privacy Policy and information-security program addressing its collection, use, storage, retention, and protection of information.
26. Third-Party Service Providers
Pratt & LeFevre may use third-party: Software providers; Client-management systems; Electronic-signature providers; Tax-preparation systems; Payment processors; Filing services; Registered agents; Document-management platforms; Professional advisers; and Other service providers in delivering services. Pratt & LeFevre will exercise reasonable care in selecting service providers but does not control independent third-party systems, governmental systems, or their uninterrupted availability.
27. Failure to Pay
Amounts properly due under the Client's engagement remain payable regardless of whether Client continues using Pratt & LeFevre's services. If an undisputed amount remains unpaid after its due date, Pratt & LeFevre may, subject to applicable law: Suspend ongoing services; Decline to undertake additional work; Terminate the engagement; Establish a payment arrangement; Refer the account for lawful collection; and Recover reasonable collection expenses where permitted by applicable law and agreement. Pratt & LeFevre will not unlawfully withhold Client records or other materials Client is legally entitled to receive.
28. Termination of Services
Either party may terminate the professional relationship by written notice, subject to obligations already incurred. Pratt & LeFevre may suspend or terminate services if Client: Fails to pay amounts when due; Provides materially false or misleading information; Requests unlawful or unethical conduct; Repeatedly fails to provide necessary information; Materially fails to cooperate with the engagement; Threatens or abuses Company personnel; Creates an unresolved professional conflict; or Materially breaches these Terms or another applicable agreement. Termination does not eliminate payment obligations for services already performed or expenses already incurred. Termination or lapse of annual services may also result in the loss of grandfathered Beyond the Tax Return promotional pricing as described in Section 12.
29. Limitation of Liability
To the fullest extent permitted by applicable law, Pratt & LeFevre will not be liable for indirect, incidental, special, exemplary, punitive, or consequential damages arising from the professional relationship, including lost profits or lost business opportunities. Nothing in these Terms is intended to exclude or limit liability that cannot lawfully be excluded or limited. Pratt & LeFevre is not responsible for consequences caused by inaccurate or incomplete information supplied by Client, Client's failure to follow professional recommendations, Client's failure to timely act, or actions taken by governmental agencies or independent third parties outside Pratt & LeFevre's reasonable control.
30. Events Beyond Reasonable Control
Pratt & LeFevre will not be responsible for delays or failures caused by circumstances reasonably outside its control, including: Government processing delays; Government shutdowns; Changes in law; Natural disasters; Telecommunications failures; Cyber incidents affecting independent systems; Labor disruptions; Banking interruptions; or Failures of governmental or third-party filing systems.
31. Dispute Resolution
The parties are encouraged to make a good-faith effort to resolve disputes directly before commencing formal legal proceedings. Before initiating litigation relating to these Terms or Pratt & LeFevre's services, either party may request that the dispute first be submitted to non-binding mediation in Utah, except when immediate legal or equitable relief, lawful collection activity, or another time-sensitive remedy is reasonably necessary. Any mandatory arbitration provision, jury-trial waiver, or class-action waiver will apply only if separately and validly agreed to by Client and enforceable under applicable law.
32. Governing Law
These Terms and the parties' professional relationship will be governed by the laws of the State of Utah, except to the extent federal law governs a particular issue. Any legal proceeding not subject to another enforceable dispute-resolution agreement will be brought in a court of competent jurisdiction in the Utah county in which Pratt & LeFevre maintains its principal office, unless applicable law requires otherwise.
33. Modifications to Terms, Services, and Pricing
Pratt & LeFevre reserves the right to revise, supplement, replace, or otherwise modify its: Terms and Conditions; Standard prices; Service offerings; Administrative policies; Operational procedures; Scheduling practices; Technology; Promotional programs; and Other business practices from time to time. Pratt & LeFevre may also change its generally available standard pricing at any time on a prospective basis. Unless otherwise required by law or reasonably necessary to address an immediate legal, regulatory, security, or compliance matter, material changes affecting an existing Client will apply prospectively and will not retroactively alter: Fees already paid; Services already purchased; Refund rights already established; Payment obligations already incurred; or Other rights or obligations already accrued. Pratt & LeFevre may provide notice of material changes by email, client portal, electronic communication, revised engagement documentation, website publication, or another commercially reasonable method. Continued use of services following the effective date of revised Terms constitutes acceptance of the revised Terms to the extent permitted by applicable law. Effect on Grandfathered Promotional Pricing: Pratt & LeFevre's right to change its standard pricing does not, by itself, eliminate an eligible Client's $3,872 Beyond the Tax Return grandfathered annual promotional price while that Client maintains continuous service and remains in good standing under Section 12. Pratt & LeFevre may nevertheless: Change its standard pricing; Change pricing for new or returning Clients; Offer or discontinue promotional programs; Charge for services outside the annual package; Pass through governmental or third-party expenses; Modify operational or administrative procedures; and Modify the manner in which services are delivered. The $3,750 Beyond the Tax Return Implementation Fee is a one-time promotional price and does not create a right to receive future restructuring, formation, or implementation work at the same price.
34. Entire Agreement and Order of Precedence
These Terms, together with any applicable: Engagement agreement; Service order; Proposal; Statement of work; Payment authorization; Privacy Policy; Promotional offer terms; or Other written agreement expressly incorporated into the Client relationship constitute the agreement between the parties concerning the applicable services. If a specific written agreement accepted by the Client directly conflicts with these general Terms, the more specific provision will control with respect to that conflict.
35. Severability
If any provision of these Terms is determined to be invalid or unenforceable, that provision will be interpreted or limited to the minimum extent reasonably necessary where permitted, and the remaining provisions will continue in effect.
36. No Waiver
A party's failure to enforce a provision on one occasion does not waive that party's right to enforce the same or another provision later.
37. Acknowledgment
By signing an engagement agreement, submitting payment, electronically accepting these Terms, or otherwise authorizing services, Client acknowledges and agrees that: Client has reviewed and accepts these Terms. Pratt & LeFevre's current standard Initial Structuring and Implementation price is $5,000. The $3,750 Initial Structuring and Implementation price is promotional pricing associated with Beyond the Tax Return. The applicable Initial Structuring and Implementation Fee is a one-time fee payable in full before substantive implementation work begins. The initial Implementation Fee is subject to the 30-calendar-day refund provisions described above. Pratt & LeFevre's current standard annual service price is $4,840. The $3,872 annual price is promotional pricing associated with Beyond the Tax Return. An eligible Client may retain the $3,872 promotional annual price while maintaining continuous service and remaining in good standing. Cancellation, termination, or lapse of annual service may result in loss of the grandfathered promotional rate. The Annual Services Fee is separate from the Initial Structuring and Implementation Fee. The annual service package includes access to monthly CSA meetings, quarterly CFO meetings, and included tax-preparation services within the scope described above. Included standard tax preparation covers up to one LLC tax filing, one C corporation tax filing, and one individual income-tax return containing up to two Forms W-2. Failure to schedule, attend, or use available CSA or CFO meetings does not reduce the Annual Services Fee or create a refund, credit, or rollover right. Additional entities, tax filings, bookkeeping, complex work, audit representation, legal services, and other services outside the annual package may result in additional fees. Payment of the applicable Annual Services Fee may be deferred until receipt of an IRS refund as a payment accommodation. The Annual Services Fee is a fixed fee and is not calculated according to the amount of the Client's refund or tax savings. The Annual Services Fee remains payable even if Client receives a refund smaller than the fee or receives no refund. Pratt & LeFevre does not guarantee any particular refund, deduction, credit, savings, tax treatment, or other tax or financial result. Client is responsible for providing complete, accurate, and timely information and for reviewing Client's tax returns before filing. Client is responsible for appropriately maintaining and operating Client's entities. Pratt & LeFevre may prospectively modify its Terms, standard prices, service offerings, policies, procedures, promotional programs, and methods of service delivery as described above. Changes to generally published standard pricing do not, by themselves, eliminate an eligible Client's grandfathered $3,872 Beyond the Tax Return annual promotional rate while Client remains continuously enrolled and in good standing. Client has had the opportunity to ask questions concerning the services, pricing, promotional terms, refund provisions, and payment obligations before accepting these Terms.
Pratt & LeFevre Corporation
Utah Corporation