Pricing
Our aim is to provide transparent and fixed fee quotes for compliance engagements, such as business and individual tax return preparation.
Engagements that involve consulting arrangements are billed on an hourly basis between $150 and $600 per hour, depending upon the professional assigned to the engagement.
Fee Schedule for Business Tax Returns
Standard Business Federal Income Tax Preparation – Fee $950 USD
(Form 1120, 1120S, 1065, 1041)
The standard fee of $950 USD includes the business federal tax return that will be filed with the IRS.
Each additional state tax return is $200.
Fee Schedule for Foreign-Owned Disregarded Entities
Standard Form 5472 with proforma Form 1120 – Fee $600
Starting in 2017, the IRS requires foreign-owned U.S. disregarded entities to file a Form 5472 with a proforma Form 1120. The requirement to file this form exists even in cases where the U.S. LLC is not subject to any U.S. taxes. The penalty for not filing Form 5472 is $25,000 per year.
LLC’s must carefully assess whether they are engaged in U.S. trade or business and have U.S. source effectively connected income (ECI), as those considerations will determine which filings are required.
Fee Schedule for Personal Income Tax Returns
Standard Form 1040 Preparation – Fee $750 USD
The standard fee of $750 USD includes the following forms:
- Form 1040 and Schedules 1 through 6
- Schedule A – Itemized Deductions
- Schedule B – Interest and Ordinary Dividends
- Schedule C – Profit or Loss from Business
- Schedule D – Capital Gains and Losses
- Schedule E – Supplemental Income and Loss
- Form 8949 – Sales and Dispositions of Capital Assets
- Form 1116 – Foreign Tax Credit
- Form 2555 – Foreign Earned Income
- Form 4952 – Investment Interest Expense Deduction
- Form 6251 – Alternative Minimum Tax – Individuals
- Form 8959 – Additional Medicare Tax
- Form 8960 – Net Investment Income Tax – Individuals, Estates and Trusts
The following additional fees will apply if your return requires additional forms:
- Additional Schedule C – $75 USD
- Schedule F – $100 USD (Farming Business)
- Schedule K-1 – $50 USD (each additional K-1 after the 4 included in the base price)
- Child and Dependent Care Expenses – Form 2441 – $50 USD
- Additional Taxes on Qualified Plans – Form 5329 – $50 USD
- Additional Child Tax Credit – Form 8812 – $50 USD
- Treaty Based Return Position Disclosure – Form 8833 – $65 USD
- Education Credits – Form 8863 – $50 USD
- Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts – Form 3520 – $350 USD
- Foreign Trust with a US Owner – Form 3520a – $400 USD
- Information Return by a Shareholder of a Passive Foreign Investment Company (PFIC) with distributions – Form 8621- $350 USD
- Report of Foreign Disregarded Entities – Form 8858 – $300 USD
- Return of US Persons for Certain Foreign Partnerships – Form 8865 – $300 USD
- Return of US Persons for Certain Foreign Corporations – Form 5471 – $500 USD
- US Transferors of Property to a Foreign Corporation – Form 926 – $100 USD
- Information Return of a 25% Foreign-Owned US Corp – Form 5472 – $500 USD
- US Gift Tax Return – Form 709 – $500 USD
- US Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI) – Form 8992 – $300 USD
- IRC Section 962 Election for Foreign-Owned Corporations – $250 USD.
Outsourced Accounting and CFO Services
Three tiers of service offerings depending upon the size and needs of the business.
Standard Package $1,000 per month
- Basic bookkeeping
- Monthly bank account reconciliations
- Year-end closing entries and accruals
- Prepare monthly financial statements for review
- Preparation of federal & state business tax returns (Form 1120, Form 1120-S, or Form 1065)
Popular Package $2,000 per month
Includes all of the services in the standard Package, plus:
- Budget and cash flow projections
- Tax planning strategies
- Review IRS notices and other correspondence
- Tax return preparation for the company owners
- Prepare annual CPA compilation report
Premium Package $4,000 per month
Includes all of the services in the standard and popular packages, plus:
- Contract review with comments
- Review employment contracts and agreements
- Prepare non-disclosure agreements for vendors and service providers
- Prepare non-competition agreements
- Register new subsidiary entities