Terms of Service

1. Agreement to Terms

These Terms of Service are an agreement between FirmPro, Inc. ("we," "us," or "FirmPro"), the provider of DepreciationPro ("the Service"), and the Customer. By accessing or using the Service, you agree to be bound by these Terms. If you do not agree to these terms, do not use the Service.

If you accept these Terms on behalf of a firm, company, or other entity, you represent that you have the authority to bind that entity, and "Customer," "you," and "your" mean that entity. If you use the Service solely on your own behalf and not for any entity, "Customer," "you," and "your" mean you as an individual.

"User" means any individual who uses the Service on Customer's behalf or through Customer's account, including individuals Customer invites to the Service. These Terms apply to Customer and to each User.

2. Description of Service

DepreciationPro is a web-based depreciation calculation and tracking software designed for accounting professionals. The Service provides depreciation calculations, Form 4562 mapping, reporting, and data management features.

3. User Accounts

Customer is responsible for all actions taken on Users' accounts and for all Users' compliance with these Terms. Customer and each User must:

• Provide accurate and complete registration information
• Maintain the confidentiality and security of account credentials
• Notify us immediately of any unauthorized access

4. Acceptable Use

Customer and each User agree to use the Service only for lawful purposes and in accordance with these Terms, and agree not to:

• Use the Service in any way that violates applicable laws or regulations
• Attempt to gain unauthorized access to any part of the Service
• Interfere with or disrupt the Service or servers
• Transmit any malicious code or harmful content
• Use the Service to store or transmit infringing or unlawful content

5. Subscription and Payment

Certain features of the Service require a paid subscription. By subscribing, you agree to:

• Pay the applicable subscription fees
• Provide accurate billing information
• Authorize recurring charges until you cancel

Subscriptions renew automatically unless cancelled before the renewal date. Refunds are not provided for partial billing periods.

6. Free Plan

We offer a free plan that includes your first client, entity, and tax return, with up to 300 assets. The free plan does not expire and no credit card is required. Using the Service beyond these limits, by adding a second client, entity, or return, or by importing more than 300 assets, requires a paid subscription.

7. Data and Content

You retain ownership of all data you enter into the Service. By using the Service, you grant us a limited license to store, process, and display your data solely for the purpose of providing the Service to you.

We will not use your data or content to develop, train, or enhance artificial intelligence or machine learning models, whether or not those models are part of our products or services.

We may use de-identified usage data — information about how the Service is used, not the content you enter — to operate, secure, and improve the Service.

You are responsible for maintaining backups of your data. While we implement regular backups, we recommend exporting your data periodically.

8. Confidentiality

Each party may receive non-public information from the other in connection with the Service ("Confidential Information"). Your Confidential Information includes the data you enter into the Service. Each party agrees to protect the other's Confidential Information using at least the same degree of care it uses for its own similar information, and not to use or disclose it except as needed to provide or use the Service, or as required by law.

Confidential Information does not include information that is or becomes publicly available through no fault of the receiving party, was already known without restriction, was independently developed, or was rightfully received from a third party. These confidentiality obligations survive termination of these Terms.

9. Privacy and Security

Our collection and use of personal information is described in our Privacy Policy. We maintain administrative, technical, and physical safeguards designed to protect your data, as described on our Security page.

10. Disclaimer of Warranties

THE SERVICE IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. We do not warrant that the Service will be uninterrupted, error-free, or secure.

While we strive for accuracy in depreciation calculations, the Service is a tool to assist tax professionals. You are responsible for verifying calculations and making professional judgments about their application.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUES, WHETHER INCURRED DIRECTLY OR INDIRECTLY.

Our total liability for any claims arising from use of the Service shall not exceed the amount you paid us in the twelve (12) months preceding the claim.

12. Indemnification

Customer agrees to indemnify and hold harmless FirmPro, Inc. and its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from Customer's or any User's use of the Service or violation of these Terms.

13. Termination

We may suspend or terminate access to the Service, for Customer or any User, at any time for violation of these Terms or for any other reason at our discretion. You may cancel your account at any time through your account settings.

Upon termination, your right to use the Service ceases immediately. We may retain your data for a reasonable period to comply with legal obligations.

14. Changes to Terms

We may modify these Terms at any time. We will notify you of material changes via email or through the Service. Continued use after changes constitutes acceptance of the modified Terms.

15. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of North Carolina, without regard to conflict of law principles.

Any legal suit, action, or proceeding arising out of or relating to these Terms shall be brought in the state or federal courts located in Wake County, North Carolina, and each party irrevocably submits to the exclusive jurisdiction of those courts.

16. Contact

Questions about these Terms should be directed to: [email protected]