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Mandate Letter by Mark Silberman on Scribd |
MANAGING YOUR RISK
One of the most important things you can do in your tax practice is to eliminate your risk. This you do by providing your client with a mandate letter as shown on the left. Make sure that the mandate letter indicates all the risk areas. The mandate letter is also used as an educational document so that your client understands whats involved. The problem is communicating the mandate letter to your client and making sure your client accepts the terms of the letter and that they have a signed copy and you have it on file:
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