Estimating the Cost of Preparing Your Tax Returns

Pricing is based on the complexity of your tax returns.  Every return is unique; It is not always possible to know exactly what your preparation fee will be until we have seen and reviewed all your tax information.  I will try my best to give you a general idea of what fee will be charged.  Listed below are average examples of prior returns and their fee ranges. 

Simple Returns (275.00-500.00)

• VERY Simple Returns (W2 Income only, no dependents, Federal & California State E-File)
• 1040 Simple Returns with Wage, Retirement, Interest & Dividend Income
• 1040 Simple Returns with Dependents & College Education Expenses 
• 1040 'Long Form' Itemizing Deductions Income is from Wages, Pension, Social Security, Interest & Dividend Income under 1500.00 dollars.

Out-of-State/ Multiple State Returns (100.00-200.00 each state)

• Typically, additional state charge depending on the complexity of the income sourced from each state 

Moderate Returns (450.00-950.00)

• In addition to the 'Simple Returns' there is also income sources from; Stock & Investment Income, Form K-1 from S-Corp, Partnership, Trust or Estate

Rental Property (450.00-750.00)

• 'Simple Returns' reporting a single rental- where multiple rental units will increase preparation price

Self Employment/ Business Income (450.00-950.00)

• Prices will vary according to complexity of the business return and other forms/ schedules that are part of the return.  California (or Other State LLC filings will add to cost)

Amended Tax Returns (Starting 150.00-200.00)

• If I made an error on the original filing, I amend at no cost.
• If an amendment is required because I wasn't provided with the required documents on the original filing - minimum charge is typically 150.00-200.00.
• If I did not prepare the original filing, the fees for amending will depend on the complexity of the return.  Pricing will be similar to what I would have charged if I prepared the original filing. 

Sole Proprietor Single Member LLC (April 15th filing deadline)

• Single member LLC's generally file Schedule C, unless there's an election made to file as a corporation.  For an idea of what is charged for a single member LLC please refer to the Individual 'Self Employment/ Business Income' Section above. 

S-Corporation - 1120-S Returns (March 15th filing deadline) Starting at 600.00

• Accounting work and/or to correct errors in business financial statements - will result in additional hourly rate 

Partnership - 1065 Returns (March 15th filing deadline) Starting at 750.00

• Accounting work and/or to correct errors in business financial statements - will result in additional hourly rate 

Corporation - 1120 Returns (March 15th filing deadline) Starting at 600.00

• Accounting work and/or to correct errors in business financial statements - will result in additional hourly rate