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RUGGIERO, MARTINEZ & NORTON, P.A.

1640 Lee Road, Winter Park, FL 32789

(407) 740-5077

January 15, 2008

Ref: 2007 Form 1040 Individual Income Tax Return

Dear Client:

It’s that time of year again…time to start thinking about your tax return!

We are pleased again to offer two options for sending you a tax organizer this year. This organizer reflects 2006 actual information as well as a column to input 2007 amounts. Your completion of this organizer will help expedite the completion of your return. You can either complete a traditional paper Tax Organizer, or you can submit your tax information online using an Internet Tax Notebook!

The Internet Tax Notebook allows you to conveniently use any computer with Internet access to provide us with your tax data, and ensures you never overlook any important information.

Please contact Mrs. Mandi Edwards at 407-740-5077 ext 213 to indicate if you would prefer to receive a traditional paper Tax Organizer or if you are interested in using an Internet Tax Notebook.

Mandi will provide you a User ID and password if you choose to use an Internet Tax Notebook. Likewise, if you have any questions about the Internet Tax Notebook, Mandi would be happy to provide you with additional information regarding this Internet tool. We have also included for your reference instructions for utilizing the Internet Tax Notebook.

Also enclosed is a 2007 Request for Documentation Checklist. This guide should be used to gather the appropriate documentation to submit to our office for the preparation of your 2007 income tax return. These documents will need to be submitted to our office regardless of whether you choose to use a traditional paper Tax Organizer, an Internet Tax Notebook or if you choose not to use an organizer.

In addition to completing either a paper organizer or an Internet Tax Notebook, we request that the enclosed 2007 Engagement letter and 2007 Individual Tax Questionnaire be completed, signed and returned to our office. (An additional copy of the engagement letter is provided for your records.)

Please note that to comply with insurance and industry directives, we are now required to maintain engagement letters for all of our tax and accounting engagements. As such, we will not be able to issue your completed Form 1040 without a signed copy of the engagement letter and the “2007 Individual Tax Questionnaire.”

We look forward to providing services to you. Should you have questions regarding any items, please do not hesitate to contact us.

Very truly yours,

RUGGIERO, MARTINEZ & NORTON, P.A.

RM&N 2007 REQUEST FOR DOCUMENTATION CHECKLIST

This guide should be used to gather the appropriate documentation to submit to our office for the preparation of your 2007 income tax return. These documents will need to be submitted to our office regardless of whether you choose to use a traditional paper Tax Organizer, an Internet Tax Notebook or if you choose not to use an organizer. Request for Documentation:

- A copy of your 2006 tax return, if not prepared by this office,

- Copies of estimated tax payments made for 2007 (Form 1040-ES)

- Original Form(s) W-2 (wages, etc.),

- Form(s) 1099 (interest, dividends, etc.),

- Schedule(s) K-1 (income/loss from partnerships, S corporations, etc.),

- Form(s) 2007 (mortgage interest) and property tax statements,

- Supporting documentation from charitable organizations for donations of $250 or more,

(Please note: If you are audited, IRS requires that contributions of less than $250 be

substantiated by a cancelled check, a receipt from the donee, or other written support.)

- Closing statements pertaining to purchases and sales of real estate,

- All other documents relating to tax items which you feel should be included,

- Any tax notices received from the IRS or other taxing authorities,

The filing deadline for the tax return is April 15, 2008. In order to meet this filing deadline, the information needed to complete the return should be received by us no later than March 7th, 2008. Any information received after that date may require that an extension of time be filed for this return.

If an extension of time is required, any tax that may be due with this return must be paid with that extension. Any amounts not paid by the filing deadline are subject to interest and late payment penalties when those amounts are actually paid.

If you are completing a Tax Notebook via the Internet, the preparation of your return will not commence until both your Tax Notebook has been completed and the relevant backup documentation has been received by our office. As such, we request that backup documentation be mailed within three business days of the completion of your Tax Notebook.

RM&N INTERNET TAX NOTEBOOK

Completing your Internet Tax Notebook is easy. You simply link to the individual Tax Notebook that we designed exclusively for you, answer all the questions, and complete relevant sections of the Tax Notebook online. When your Tax Notebook is complete, you can print a copy for your own records, and then submit your tax information to us with just the click of a button! Your information is always secure and will not be seen by anyone but the tax professionals at our firm.

Instructions:

Call Mrs. Mandi Edwards at 407-740-5077 ext 213 to receive your unique LOGIN ID and PASSWORD.

Go to our web-site, http://www.ruggieromartinez.com

Click on

You will be prompted to enter your LOGIN USER ID and your PASSWORD.

Fill out the electronic organizer.

When you have completed filling out your organizer select “Send Tax Notebook to Firm” or when you log-out as “Yes” to the question “Is your Tax Notebook complete and ready for our review?”

Additional Related Information:

Password

Although you may not change your LOGIN ID, you will be prompted to change your password when you initially open your Tax Notebook.

Multiple Sessions to Complete Your Tax Notebook

You may log-in multiple times to complete your Tax Notebook.

Security Time-out
For your security, the Tax Notebook automatically requires users to log in again after 20 minutes of inactivity.

Page Loading Issues

Every page in Tax Notebook is saved when you navigate from one page to the next within Tax Notebook. You should make sure each page has fully loaded before continuing to enter tax data. The completion of the loading process is indicated by the word "Done" in the bottom left corner of your browser window.

Pop-up Blockers

If you are using pop-up blocking software, it must be disabled.

CLIENT NAME:_________________________________

PLEASE RETURN WITH ALL QUESTIONS ANSWERED

2007 INDIVIDUAL TAX QUESTIONNAIRE (1040)

Please answer the following questions and submit details for any question answered “Yes”:

		YES	NO
1.	Has your marital status changed since your last return?	______	______
2.	If married, do you and your spouse want to file separate returns (even if it results in a higher tax) to reduce innocent spouse liability?	______	______
3.	Will the address on your current returns be different from that shown on your prior year returns? If yes, provide the new address and date moved. Date Moved:__________ New Address: _______________ ____________________________________________________________________________________	______	______
4.	Were there any changes in dependents from the prior year? If yes, provide details. New Dependent: Name: ________________________ SS#: _______________ DOB: ___________ Removed/No longer dependent: Name: ______________________________	______	______
5.	Are you entitled to a dependency exemption due to a divorce decree?	______	______
6.	Did any of your dependents have income of $850 or more? ($400 if self-employed) If yes, please provide details.	______	______
7.	Did any of your children under age 19, or under age 24 but a full time student whose earned income does not exceed half of his/her support, have investment income over $1,700? If yes, please provide details.	______	______
8.	If yes (to above question #7), do you want to include your child’s income on your return?	______	______
9.	Are any dependent children married and filing a joint return with their spouse?	______	______
10.	Did any dependent child over 19 years of age attend school less than 5 months during the year? If yes, name of dependent: ____________________________	______	______
11.	Did you pay for child care while you worked or looked for work? If yes, please provide the name, address, federal identification # and amt paid broken out by child for 2007.	______	______
12.	Did you receive proceeds from any legal proceedings or cancellation of debt during the year? If yes, please provide a copy of the settlement agreement or other documentation.	______	______
13.	Did you make any gifts during the year directly or in trust exceeding $12,000 per person?	______	______
14.	Did you have any interest in, or signature, or other authority over a bank, securities, or other financial account in a foreign country?	______	______
15.	Were you a resident of, or did you earn income in, more than one state during the year? State: ________ State: _________	______	______
16.	Do you wish to have $3 (or $6 on joint return) of your taxes applied to the Presidential Campaign Fund?	______	______
17.	Did you make any estimated tax payments for 2007? If yes, please provide amounts and dates paid. Date _________ Amount $___________ Date _________ Amount $___________ Date _________ Amount $___________ Date _________ Amount $___________	______	______
18.	Do you have any section 1031 like kind exchanges in which the acquired property has not been closed yet?	______	______
19.	Do you want any overpayment of taxes applied to next year’s estimated taxes?	______	______
20.	Do you expect a large fluctuation in your income, deductions or withholding next year? If yes, provide details.	______	______
21.	Did you receive a total distribution from an IRA or other qualified plan that was partially or totally rolled over into another IRA or qualified plan within 60 days of the distribution? If yes, pls provide details.	______	______
22.	If you received an IRA distribution, which you did not rollover, provide details (Form 1099-R).	______	______
23.	Did you “convert” IRA funds into a Roth IRA? If yes, provide details (Form 1099-R).	______	______
24.	Did you withdraw any amounts from your Individual Retirement Account (IRA) or Roth IRA to acquire a principal residence? If yes, please provide details.	______	_____
25.	Did you or will you (or your spouse) contribute to either a traditional or ROTH IRA for 2007 by April 15, 2008? If yes, please provide how much you have or will contribute (for each spouse) by the due date. Traditional IRA Taxpayer Amount: _____________ Traditional IRA Spouse Amount: ______________ ROTH IRA Taxpayer Amount: ________________ ROTH IRA Spouse Amount: _________________	______	______
26.	During 2007 did you have mortgage acquisition indebtedness on 1^st and 2^nd residence that exceeded $1m at any point in the year? If yes, please provide details. During 2007 did you have more than $100,000 in home-equity debt? If yes, please provide details.	______ ______	______ ______
27.	Did you receive tip income not reported to your employer?	______	______
28.	Did you sell and/or purchase a principal residence or other real estate? If yes, provide settlement sheet (HUD 1) and Form 1099-S.	______	______
29.	Did you collect on any installment contracts during the year? If yes, please provide details.	______	______
30.	Did you receive income from tax-exempt securities? If yes, please provide details.	______	______
31.	Do you have any worthless securities or any loans that became uncollectible this year?	______	______
32.	Did you receive unemployment compensation? If yes, provide Form 1099-G.	______	______
33.	Did you have foreign income or pay any foreign taxes?	______	______
34.	Do you own stock of a foreign corporation? If so, what percentage?	______	______
35.	Were you the grantor, transferor or beneficiary of a foreign trust?	_____	______
36.	Has the IRS, or any state or local taxing agency, notified you of changes to a prior year’s tax return? If yes, provide copies of all notices/correspondence received.	______	______
37.	If you or your spouse have self-employment income, did you pay any health insurance premiums or long term care premiums?	______	______
38.	If yes, were either you or your spouse eligible to participate in an employee’s health insurance or long term care plan?	______	______
39.	If you or your spouse have self-employment income, do you want to make a retirement plan contribution?	______	______
40.	Did you surrender any U.S. savings bonds?	______	______
41.	Did you use the proceeds from Series EE U.S. savings bonds purchased after 1989 to pay for higher education expenses?	______	______
42.	Did you sell an existing business, rental property, farm or any existing interest in a partnership or S corporation during 2007?	______	______
43.	Did you start a business?	______	______
44.	Did you purchase rental property? If so, please provide closing statement.	______	______
45.	Did you acquire any interests in partnerships, LLCs, S corporations, trusts or estates this year? If so, please name the new interest and provide appropriate documentation – e.g. K-1’s New Interest: _________________________ New Interest: __________________________	______	______
46.	Do you have records to support travel and entertainment expenses? In order to deduct these expenses, the law requires that adequate records be maintained for travel and entertainment expenses. The documentation should include amount, time and place, date, business purpose, description of gift(s) (if any), and business relationship of recipient(s).	______	______
47.	Did you or your spouse have any transactions pertaining to an MSA (Medical Savings Account) or HSA (Health Savings Account) during 2007? If yes, was it an MSA or HAS? Pls Circle. Employer 2007 MSA/HSA contribution $___________ Employer 2007 Health Insur Premiums $__________ Your 2007 MSA/HSA contribution: $___________ Your 2007 Health Insur Premiums $_________	______	______
48.	Did you close on a new primary residence mortgage (1^st and 2^nd home) in 2007 or refinance a primary residence mortgage in 2007 (without exceeding the original loan amount) and acquire a mortgage insurance contract? If yes, how much did you pay in 2007 in mortgage insurance premiums? $________________	______	_____
49.	Did you make any large purchases, such as motor vehicles and boats in 2007? If yes, please provide copies of the invoices.	______	_____
50.	Did you incur expenses as an elementary or secondary educator? If yes, how much? Taxpayer: $______________ Spouse: $__________________	______	______
51.	If you donated a vehicle with a fair market value greater than $500, please provide Form 1098C from the Charity.	______	______
52.	Do you have written confirmation from charitable organizations for donations of $250 or more?	______	______
53.	Have you revised your estate planning to maximize the use of the increased estate tax exemption? If no, please contact your estate attorney.	______	______
54.	Did you make any energy improvements to your home in 2007? If yes, please provide details.	______	______

Signed By: ___________________________ Signed By: ___________________________

Taxpayer Spouse

Date: __________________________ Date: __________________________

PLEASE NOTE THAT IN ORDER FOR US TO BE ABLE TO COMPLETE YOUR 2007 INDIVIDUAL INCOME TAX RETURN, ALL THE ABOVE QUESTIONS MUST BE ANSWERED AND RETURNED TO OUR OFFICE

YES

NO