1040 Returns
It’s life. Every year virtually all of us are required to file tax returns reporting our income and expenses. And, every year the tax laws change.
Self-filing is a viable option if your tax situation is simple. But once you’ve acquired some assets, you’ve received a notice, or you haven’t filed in awhile…it’s not a bad idea to have a professional prepare your tax returns.
- Self-Employment & 1099 Income
- Rental Income & Real Estate Acquisitions/Sales
- Depreciation Schedules
- 1031 Exchanges
- Loss Carryovers
- Dependents, Education & Child Care Credits
- Foreign Income and Account Reporting
- Retirement Contributions & Distributions
- Options & Grants
- Charitable Giving
- Sale, Purchase and Refinance of Primary or Secondary Residence
- Medical Expenses & Long Term Care
- Final 1040 returns for decedents
- Household employees aka Nanny tax
- Insolvency Filings
- Installment Agreements
- Estimated Payments
- Extension Payment Calculations & Filings
- Tax Planning
- Amended Filings
- Multiple Year Non-Filers
- PPP/EIDL Loans & Forgiveness
Base price for all 1040 filings is $1,000 per year.
Most 1040 return packages for returning clients run a total of $1,000-$7,500 annually including all local and state filings. Once an annual rate is set, it generally remains consistent for several years for long-term clients adjusted for inflation occasionally.
Setting up a new client’s tax return accurately in our system takes time, if you have a file from another return preparer using the same software, we are willing to substantially discount the preparation fee for the first year. Some clients qualify for a returning client discount after year one if their returns are not as complex beyond the initial file set-up.
Extension calculations, a large number of source documents, turning in documents over several months in multiple file formats, accounting file review and adjustments, a large amount of texting/email correspondence, frequent phone calls and consultations all generally increase the price of a standard annual invoice.
All base tax returns price quotes assume project will begin and be completed within 30 days. For clients that have more complex planning and tax needs, we recommend a service contract to be paid monthly starting at $250+ month for tax preparation & tax planning, and $1,000+ month for accounting or QuickBooks projects.
$1,000-$2,500 deposit starts most projects. The final invoice must be paid prior to the release of finished tax returns.
I accept credit cards, checks, cash, EFT, Paypal & Venmo.
Please inquire directly if you have pricing questions or concerns. Quotes available upon request by sending over two years of your prior tax returns in PDF format.