How much should I charge for tax preparation?

I just opened my tax prep. company and would like your opinions on REASONABLE tax prices. I was thinking of charging per form (e.g. 1040EZ, 1040A, Child Tax Credit, EIC, Itemized Deductions, Unreimbursed Employee Expenses..etc) I currently have clientel, but would like an official %26quot;price list%26quot; for walk-in customers. I also E-file and go to their home if necessary. Thanks!

How much should I charge for tax preparation?

Charge by the hour; some peoples needs are greater than others.

How much should I charge for tax preparation?

You should check out www.peoplestax.com and www.theincometaxschool.com. Both sites can be very helpful to people just starting in the tax business and even those who have been in the business for years. Good luck with your business! Report It

How much should I charge for tax preparation?

READ carefully all the new IRS Due Diligence requirements and your liability as a tax preparer. Everything changed dramatically this year. IF you have any reason to believe a client shouldn%26#039;t be getting EIC, you%26#039;re in trouble. Be Careful!!

Some preparers charge by time, some by # of forms. Often the professional software has a fee schedule.

How much should I charge for tax preparation?

On a normal small business scale, they charge about 60 thru 80 and between 22-44 for faster delivery on refund!

How much should I charge for tax preparation?

Maybe an hourly rate would be best.

How much should I charge for tax preparation?

Do not charge by the hour unless you will be doing complicated returns. Most common returns will take less than an hour to complete. Charge by the form and check out the going rate per form for your area.

Also, check to see what the requirements are in your state for a paid tax preparer. I would hope they would require some tax law training hours and continuing education hours each year to keep current on new tax laws. Don%26#039;t forget to add this cost in your rates.