FEES as of January 1, 2024
Below is our fee schedule for the services that our firm provides. Generally, our fees are based on a combination of the following:
- Time spent
- Complexity of the engagement
- Level of expertise required
- Research of uncommon tax situations
OUR RATES
We provide a variety of bookkeeping, accounting, tax and other financial services to our clients. To minimize your total fees, we have a variety of staff members that we utilize in the preparation of particular services. The following are the rates of our firm:
- CPA Rate $200/hour
- Staff Accountant Rate $125/hour - this is also the rate for bookkeeping such as QuickBooks
- Administrative/Clerical Rate $75/hour
INCOME TAX PREPARATION
Our fee for Individual Income tax return preparation starts at $650. Business returns, including Corporations and Partnerships start at $900. Trusts and Estate returns start at $900. The hourly fees above are factored in with these minimums for the total return cost. We provide the following for every income tax return prepared:
- Electronic Filing of Federal and State income tax returns
- An instruction letter, including recommended estimated tax payments, if necessary
- Electronic format of the Federal and State tax returns
- Individualized tax organizer sent each year in early January
- K-1’s for all Partners/Members, if applicable
A part-year state return adds complexity because income and expenses are allocated between resident states, even if you have moved from a state that does not require income tax returns. For any State return other than Georgia, there is an additional cost of $100 added to our minimum fees.
OTHER MISCELLANEOUS FEES:
- Automatic extension of time to file, no balance owing: $75
- Automatic extension of time to file, with CPA calculation of balance owing, billed based on our hourly rates
- Paper copies of tax returns: $125 addtional fee
- E-mailing password protected copies of returns already provided: $25
- FedEx overnight: actual cost + $20
- Reprocessing the tax return, i.e. for amended brokerage statements, billed based on our hourly rates
- Tax planning and other miscellaneous professional reports, billed based on our rates
- FBAR minimum $225
- Meetings for new clients, complimentary for ½ hour, after that based on Partner rate
- Personal Property Tax Returns, billed based on our rates, minimum of $250
- Gift Tax Returns - $600 minimum
- Children returns for existing clients, $300, unless there are numerous forms involved
- Quarterly Payroll Tax Returns, based on our rates, minimum of $200
- Form 1099/1096, based on our rates, minimum of $175
- Phone calls or email responses to tax related questions, billed at a minimum of 10 minutes, based on our rates