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Kittery Area Comprehensive Transportation System (K A C T S) Transportation Improvement Program for the KACTS Metropolitan Planning OrganizationADOPTED BY THE KACTS COMMITTEE ON March 7, 2023Fiscal

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The term 'prepared by and for' refers to documents or forms that are completed by a tax professional or accountant on behalf of a client. It indicates who created the document and for whom it was created.

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Taxpayers who have their tax returns or financial documents prepared by a professional are required to file the 'prepared by and for' declaration, ensuring that the preparer is officially recognized and accountable.

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The purpose of 'prepared by and for' is to establish accountability for the information provided in tax forms and declarations, ensuring that the preparer is responsible for the accuracy of the data submitted.

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The information that must be reported includes the name, address, and identifying number of the preparer, as well as the name and information of the taxpayer receiving the service.