Pricing and Policies

One of the questions I get asked most 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 consultations are complimentary.  I would like to understand what your 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.  

Personal Annual Tax Return Charges
I provide personal tax services starting at $450 for basic returns including one state (client does not have rental, business (schedule C) or complex investment income). Returns are priced based on complexity. As a guide, a majority of our personal return fees are between $550-750. Filing fee of $60 is added to each return filed.

Business Annual Tax Return Charges
Business return services are priced based on complexity. Corporate returns (1120), S-Corporation (1120S) and Partnership (1065) returns start at $1000 (including one state). Filing fee of $60 is added to each return filed.

Estate and Gift Tax Returns
Estate and gift tax return services are priced based on complexity starting at $450. Filing fee of $60 is added to each return.

Tax Planning

Annual tax planning is provided to clients and priced on complexity. Tax plans include estimated tax calculations, coupons for submitted estimated taxes and recommendations to optimize your tax structure. Basic tax plans begin at $450.

Bookkeeping

Our firm provides bookkeeping services to business owners. Bookkeeping services are priced on complexity and volume of transactions incurred by the business. Bookkeeping plans are charged monthly and begin at $300/month. As a part of the bookkeeping services, profit and loss statements are sent to the business owner on a monthly basis.

Key Policies

• 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 credit card payments with a 3% convenience fee added to the final invoice; e-check, check and cash payments incur no additional fees.
• Checks are accepted and should be made payable to Jennings Smith, CPA, PLLC.
• All other terms of engagement covered by engagement letter which is required to be signed prior to work commencing.