|IRS Form or Schedule||Description||Minimum Fee 2019-20||Additional Fees and Comments|
|Individuals with interest, dividend, Soc Sec and pension type income, and itemized deductions (medical, real estate taxes, mortgage interest, charitable contributions)||$620
|Each category of income can generally be from 1 – 5 sources, but as volume of accounts increase so does the fee. Other Forms and schedules not listed below may result in an increase in fee.|
|Separate business including Business Use of Home, Depreciable Assets & Vehicle Mileage||$270||Separate engagement required if we must compile or prepare your financial statements before preparing your tax return.|
|Sch D||Gains / losses from dispositions of capital investments||$200+
(depends upon # of sales transactions)
|Fee can increase if cost basis work is required, other reconciliations (e.g. certain stock options or ESOP’s), etc.|
|Sch E||Real estate rental and/or and royalty income / Publicly Traded Partnerships (K-1)||$195 / $325 ea||Plus $475 in year of sale; $2,100+ 1031 Exchange|
|State income tax returns||Each additional State||$245-$425|
|Dependent Child’s 1040 Unearned Income||Federal only||$385|
|FORM 1065||Partnership (Books reconciled to prior year tax return and to subsidiary ledgers or accounts)||$1,660 +||$125 each partner > 2. Additional charges apply other forms, quantity of depreciable items, and complexity of company.|
|FORM 1120 S||S-Corporation (Books reconciled to prior year tax return and to subsidiary ledgers or accounts)||$1,660 +||$125 each shareholder > 2. Additional charges apply other forms, quantity of depreciable items, and complexity of company.|
|FORM 1120 C||Corporation (Books reconciled to prior year tax return and to subsidiary ledgers or accounts)||$1,950 +||Additional charges apply for other forms, quantity of depreciable items, and complexity of company.|
|State income tax returns||Partnership Tax Return (each State)||$365||$50 each partner > 2|
|State income tax returns||Corporation Tax Return (each State)||$400||$125 each partner > 2|
|Foreign Reporting Forms||Corporation or ownership of 20% ore more||$2,000+||Depends on intercompany transfer pricing and other issues|
|Rush Prep Charge||Tax return source documents and requests received between Mar 21-Apr 15 or between Sept 21-Oct 15||$225|
|Amended Returns||Correction to prior year||$620+||Depends on issues|
Payment Terms: deposit due upfront ($620 personal, $985 corporation); balance due at the time the tax return is delivered.
Progress Payment for work performed through April 15 is required if a tax return is extended.
Discounts provided to those business clients we perform year-round advanced accounting and Advanced/CFO services.
Tax correspondence, research, analysis, tax planning and audit support are billed at our standard hourly rate of $255.