Paytax Tax Service: Statement of Work: Tax Preparer Commission and Responsibilities
Statement of Work: Tax Preparer Commission and Responsibilities 1. Introduction Overview of the agreement between Tax Preparers and Payton Tax Service. Clarification of employment status as Independent Contractors. Explanation of tax responsibilities for Independent Contractors. 2. Commission Structure Tax preparers receive a 50% commission for tax preparation fees charged to clients. Commission details and calculations explained. 3. Payment Schedule The 1st payment for the year will not be dispersed until the IRS is funding for mid and late-February returns. Any following prep fee payment will be made the following Saturday via check or direct deposit to the account listed on file for the Tax preparer. Any change to account information must be made one week before the next pay cycle date. The last payment for contractors for the year will be made in the last week of November. Any preparation fees released after 11/30 of the year will roll over ...