HOW DO WE CHARGE?
The most frequently asked question we get from new clients is “How much do we charge”? Maybe a better question would be how much value do you provide? Our Value page for our extra goodies provided.
Our prices are not sky high like some CPAs nor are we cheap-and-cheerful. We are somewhere in the middle and most definitely lower than most of the big 3 tax chains.
We charge by the form. We've tried doing flat-fee "transparent" pricing, but a couple things surfaced: 1) it's not fair to charge someone with 2 forms the same as someone with, say, 6 or 10 forms, 2) clients don't realize they have or need certain forms until their appointment interview uncovers the need for additional, perhaps complicated IRS documentation, and lastly...
Here’s some very rough pricing estimates for different types of returns:
Some ideas of price ranges for different types of returns follow:
Self-Employeds/UBER/Lyft: These run about $350 - $450 and include business use of car, business use of home, business meal deductions, depreciation of equipment (as needed), a thorough interview to get at all the deductions possible, and simple book keeping/data tallying.
Rental Property Returns: These will run about $400 - $500 depending on how your rental is managed and how title is held. It includes interviewing you thoroughly to capture all expenses, depreciation calculations, tracking depreciation and basis so when/if you are ready to sell the numbers are available to determine your taxable profit.
Returns with Stocks and Investments: These can run from $325 to $500 depending on the nature, number and type of stocks and investments you have and whether you are receiving K-1s and takes into consideration that usually tax payers with stocks and investments have a wide variety of other forms like interest, dividends, social security, and such.
LLC/Corporate Returns: These returns start at $600.00--$750 if they require a balance sheet. Prices will also vary depending on other forms required like depreciation for equipment purchases, sales of assets, owner ship transfers, etc.
Here’s all the caveats. Prices subject to change without notice.
Some restrictions apply. Offers cannot be combined.
Why don’t we charge a flat rate?
More and more accountants are trying to offer more price transparency with sort of variable flat pricing, I do not mean to convey that these firms are in the above category.
Percentage of Refund
Whatever you do, please do not go somewhere that charges a percentage of the refund. Think about it.
The Bottom Line
The bottom line is we don’t do “magic” name-your-refund returns. We are not afraid to be aggressive, according to your comfort level, but it will be within the boundaries of the tax code. If you “are a mess”, don’t be afraid to come in. Your paperwork doesn’t have to be perfect. We will help you get back on track with your taxes.