One of the most asked questions I get is how do you charge and how much do you charge? The guide below, provides pricing guidance for services. After an initial consultation, I will provide you with a proposal and work can only commence once an engagement letter is signed by the client and myself.
Initial Consultation: 20 minute phone consutations are complimentary. I would like to understand what you needs are and how I can help. Once we determine we are a good fit to work together, I provide a proposal and fee range for the services you request from me. Work will only commence once both parties (client and CPA) sign an engagement letter.
Hourly charges: $150/hour for non tax return engagements (i.e. consultations on business organizations, retirement account allocation consultations, bookkeeping, etc.). I provide an initial fee range to you. Once work reaches the end of that range, we will discuss how you would like for me to continue.
Personal Annual Tax Return Charges
Individual tax return with one state and no business/rental/farm income - starting at $500
Individual tax return with one state and one business/rental/farm income - starting at $750
Each additional business/rental/farm schedule - starting at $250
Each additional state - $200
Kiddie/High School/College tax returns with one state (only for children of clients) - $300
Business Annual Tax Return Charges
Partnership/S-Corp tax return with one state - starting at $1500
C-Corporation tax return with one state - starting at $2000
Each additional state - starting at $500
Key Policies
For hourly engagements, a retainer of 25% of the proposed fee must be paid upon engagement letter signing.
I respect your time and I ask you respect mine as well. In that spirit, if you need to re-schedule an established appointment less than 24 hour before the appointment, I may impose a $75 appointment cancellation fee.
Payment for tax return services must be made prior to filing with the taxing authorities.
If you are a new client, my policy is to meet with you (in-person or virtually). For all tax return work I require you to provide a form of government issued ID (Driver's license, state ID card or US passport) for each adult listed on the tax return. This is also an IRS requirement.
I accept and prefer credit card payments. No additional fees for credit card payment processing.
Checks are accepted and should be made payable to Jennings Smith, CPA, PLLC.
No cash payments accepted.
All other terms of engagement covered by engagement letter which is required to be signed prior to work commencing.