CPA Letter Sample for a Self-Employed NYC Co-op Buyer
Self-employed buyers are often asked for a CPA letter that explains the business, the length of the accountant’s relationship, and income information the CPA can independently verify. This sample helps the buyer and CPA understand the typical format without asking the accountant to make unsupported assurances.
CPA Letter Sample for a Self-Employed NYC Co-op Buyer
Sample CPA Letter for a Self-Employed Co-op Buyer
Best for: A self-employed buyer, business owner, partner, consultant, or applicant with variable income. The buyer’s licensed CPA must prepare and sign the final letter using only information the CPA can independently verify.
[CPA Letterhead]
[Date]
Board of Directors
[Building or Corporation Name]
[Building Address]
New York, NY [ZIP]
Dear Members of the Board:
I am a Certified Public Accountant licensed in [State] and have provided accounting and tax services to [Buyer Name] for [Number] years. [Buyer Name] is [employed by / self-employed through / a partner in] [Business Name], a [type of business or profession] that has operated since [Year].
Based on the records provided to our firm, [Buyer Name] reported total income of approximately [Amount] for [Tax Year] and [Amount] for [Tax Year]. Current year-to-date income through [Date] is approximately [Amount]. [If applicable: income is reported through salary, guaranteed payments, partnership distributions, K-1 income, or another verified source.]
[Optional business context: Based on the records reviewed, the business remains active and in good standing as of the date of this letter. Include only statements the CPA is comfortable verifying.]
This letter is provided at the client’s request in connection with a residential co-op application. Please contact me at [Phone Number] or [Email Address] if additional verified information is required.
Sincerely,
[CPA Name, Credentials, and License Number]
[Firm Name]
[Firm Address]
[Phone Number]
[Email Address]
What the CPA Letter Should—and Should Not—Do
The CPA should confirm factual information supported by records, such as the length of the client relationship, business structure, reported income, and current year-to-date figures. The letter should not guarantee future income, solvency, or the buyer’s ability to meet future obligations unless the CPA independently chooses language consistent with professional standards.
Documents to Reconcile Before Submission
Federal and state tax returns.
K-1s, 1099s, W-2s, or partnership statements.
Year-to-date profit-and-loss statement when requested.
Business ownership documents and employment letter, if applicable.
The REBNY financial statement and all supporting account statements.
More NYC Co-op Buyer Resources
Return to the NYC Co-op Buyer Resources hub, or review the personal reference letter sample, professional reference letter sample, co-op cover letter sample, and REBNY financial statement guide.
Need Help With Your Board Package?
The Complete Package NYC helps self-represented buyers and agents reconcile supporting documents, organize financial materials, and prepare a board-ready submission. Book a free consultation.
This sample is educational and is not tax, accounting, legal, or financial advice. Your CPA must determine the final language and verify every statement independently.