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CPA Letter for Verification of Self Employment is a document issued by the CPA who affirms that he/she has prepared or has reviewed the applicant's tax returns and that the applicant is self-employed. The primary purpose of the letter is to independently verify the self-employment status of the loan applicant(s).
This letter summarizes and verifies your income and employment. This letter may be written by you, an employer, an accountant or someone else depending on your situation. It's important to include your basic income information in this letter to give a clear picture of your earnings.
How to write a letter verifying employment Include your name, job title and employment address. ... Add the date. ... Detail the recipient's name, job title and employment address. ... Greet the recipient. ... Verify the individual's employment. ... Invite questions and further discussions. ... Formally close the letter.
What is a CPA Letter or Comfort Letter? A CPA letter, also known as comfort letter or income verification letter, is an official document issued by a certified public accountant (CPA) attesting to the accuracy of a client's income and expense statements and confirming that they comply with IRS guidelines.
An income verification letter verifies an individual's employment status and salary. This confirmation helps mortgage lenders, landlords, finance companies, and other entities prevent fraud and proves that an individual can make payments.
What is a CPA Letter or Comfort Letter? A CPA letter, also known as comfort letter or income verification letter, is an official document issued by a certified public accountant (CPA) attesting to the accuracy of a client's income and expense statements and confirming that they comply with IRS guidelines.