Document background
The Corporate Tax Return Engagement Letter is a fundamental document used in Canadian professional tax practice to formally establish the professional relationship between an accounting firm and a corporate client for tax return preparation services. This document is typically issued annually or when establishing a new client relationship, and is required by professional standards and best practices in Canada. It clearly defines the scope of services, outlines mutual responsibilities, establishes fee arrangements, and sets expectations for the tax return preparation process. The letter helps ensure compliance with Canadian tax regulations, professional standards, and risk management requirements while protecting both the service provider and client. It should be updated to reflect changes in tax laws, service scope, or client circumstances.
