Mission Statement
Our primary focus is on business owners who gross in the six-figure range or more per year. Many taxpayers are unknowingly paying more tax than they should, and that’s where we come into the picture to figure out options and the best strategy based on the client’s situtation.
We take pride in our commitment to transparency and a straightforward fee structure. The majority of business services and tax preparation fees align with the descriptions below, offering a clear understanding of our philosophy. While there may be occasional outliers or unique situations, the information provided here provides insight into our approach. It’s important to consider factors such as basic disorganization, advanced disorganization, disguised disorganization, and misrepresented organization, as they can influence business services and tax preparation fees.
We typically don’t nickel and dime for phone calls, emails, short meetings and/or random questions (which is common for accounting firms). Our annual engagement letters to each client outlines all the expectations for the client and our CPA firm. “Big surprises” or advanced consultation down the line may require a modification to the engagement letter or an entirely separate one depending on the nature of work. Recognizing that time is a non-renewable resource without inventory or refunds, our published ranges of fees (indicated below) aim to correspond with the value and expertise expended on delivering high quality professional services. While we strive to preserve a high level of client service and to maintain historical tax preparation fees for returning clients, it’s crucial to note that this isn’t synonymous with fees never increasing.
Individual Tax Preparation
The initial charge for standalone 1040 individual tax returns with business/investment activity is $850 (typically ranging from $850 to $1,350+). Additionally, we offer FasTax for a flat fee of $675 (designed specifically for those taxpayers who have a straightforward tax footprint yet want the expertise of a CPA), and there is a fee range of $250 to $400 for children and students, depending on your tax situation.
Business Tax Preparation
We primarily concentrate on business consultation, maximizing deductions, and preparing business entity tax returns (such as Forms 1065 and 1120-S). The initial fee for partnership and corporate tax returns begins at $1,350, varying based on the quality of your accounting records and complexity (typically ranging from $1,350 to $3,000+).
S Corp Election
We can facilitate the taxation of your entity as an S corporation for a fee of $550. Additionally, we can efficiently execute a late S Corp election retroactive to January 1, 2024, for a cost ranging from $1,100 to $1,400. This strategic move can swiftly result in an 8 to 10% reduction in your net business income by minimizing self-employment taxes!
Online Accountant
Our small business bookkeeping and analysis service typically range from $350 to $1,150 per month, depending on the frequency. Additionally, we offer the option to include turn-key payroll services through ADP, with us handling all the intricate details. We also provide fractional controller services.