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Make yourself Acquainted with CPA letter There is a rising trend to ask self-employed individuals for letters from a CPA in order to verify, certify, and vouch for the remuneration of the applicant. Have you also been asked for a letter from CPA? If yes, then it’s time to gather some crucial information about what is a CPA letter and other related information.
What is a CPA? Requesting for a letter from CPA is an increasing trend followed by banks, landlords and other lenders. The CPA is requested from the self-employed individuals so that the income of the applicant can be verified and certified. Further, the income statement is then assessed by the lender when he determines whether the loan should be approved or not.
Some of the requests are quite common, which includes:
CAP-certified letter dictating income CPA letter which verifies that the income is consistent with previous years CPA verification of employment CPA verification of income Financial projection
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Phone: (888) 247-6829 The people who are asked for such type of letters are mentioned below:
Contractors Individuals who own a single-member LLC or other small business Freelancers Self-employed Individuals
So by now you must have got some essential information. If you have received a request for CPA letter, then make sure you take the help of a professional and reliable accountant.
Agro Accounting CPA Phone: (888) 247-6829 Email: basil@agroaccounting.com Address: 42 West Street, Brooklyn, New York 11222 Facebook: https://www.facebook.com/AgroAccountingforartists Instagram: https://www.instagram.com/agroartaccounting Twitter: https://twitter.com/art_accounting
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