Tax Preparation Services and Typical Fees
Looking for business tax preparation and planning? I prepare both federal and state tax returns for C and S-corporations (Scorps), partnerships, LLCs, sole proprietorships, and individuals. For existing clients, I also prepare estate and gift tax returns as well as estate and trust income tax returns.
Tax preparation fees for actively operated C and S-corporations (Scorp), LLCs and partnerships start at $700 if balance sheets are not required and at $1400 if balance sheets are required. However, the work and fees for return preparation can (unfortunately) rise in cost based on the complexity of the return and on the amount of year-end accounting that we need to do in order to get your accounting records in the condition needed to prepare your tax return. An involved C or S corporation federal return for a small business, for example, often runs somewhere between $2000 and $4000.
My fees for straightforward individual tax returns start at $500. If you've got a sole proprietorship, real estate investments, have been actively trading, or need state returns, tax preparation fees typically run from $1000 to $1500.
Note: If someone has invested in a hedge fund, the price for preparing the federal income tax is usually $2500. Fortunately most individual investors in hedge funds can avoid filing companion state income tax returns.
Tax preparation fees for estate and gift tax returns and for estate and trust income tax returns usually run from $1000 to $1500 per return (depending on how much work the attorney does).
To have me prepare your business or individual return, click the Federal Income Tax Preparation link shown below. (The other links provide articles that talk about various tax planning and preparation issues.)
Related Topics:
- Estate Tax Basics
- Federal Income Tax Preparation
- How S Corporations are Taxed
- How to Save Taxes with a Health Savings Account
- How to Save Taxes with an S Corporation
- Important Tax Due Dates
- Real Estate Profits: Capital Gain or Not?
- Real Estate Tax Traps
- Rental Property Tax Benefits
- Setting Up a Washington LLC
- State Income Taxes
- Tax Forms
- Tax Tips, Help & Advice
- Wages for S Corporation Shareholder Employees
- Washington State Sales Tax Income Tax Deduction