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2 | Hey 👋👋 | ||||||||
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4 | I'm Michael Eckstein - an award-winning accountant for marketing agencies. And, I also do some personal tax prep to round out capacity during tax season (and, well, because I like money). This is my tax return pricing guide, which describes common tax situations. I'll use it to calculate your tax return's price. Most tax returns cost $750 - 1250. More complex tax returns with side hustles, investment properties, or several investments may cost more. | ||||||||
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9 | (oh, and this is my pretty face) | ||||||||
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11 | 🤓 | Pricing: | |||||||
12 | Price | Explanation | |||||||
13 | Base rate (incl, federal and one state) | $750 | This is the minimum fee for the simplest returns. Your price starts here and increases based on which situations on this list describe you. | ||||||
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17 | - then add - | ||||||||
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19 | ☀️ | Common situations: | Price | Explanation | |||||
20 | Additional state filings | $250 | You moved to another state or have multi-state income | ||||||
21 | Extra time to file (aka, an extensions) | $75 | You need an extra 6 months to file your return | ||||||
22 | (* all returns that aren't filed by April 1st go on extension) | ||||||||
23 | Raising kids | $100 | You have kids | ||||||
24 | Owning a home | $50 | You own your home | ||||||
25 | Higher eduction (for you, partner, or kids) | $100 | You (or a family member) took university classes | ||||||
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27 | 📊 | Investing situations: | Explanation | ||||||
28 | Sold a few stock, mutual funds, or crypto | $50 | Less than 20 transactions due to simple rebalancing or small sell offs | ||||||
29 | Sold a lot of stock, mutual funds, or crypto | $100 | More than 20 transactions | ||||||
30 | Complex transactions | $100 ea | RSUs, Roth conversions, nondeductible IRA contributions, debt discharge, etc | ||||||
31 | (* multiple RSU vests and sales from the same company count as one complex transaction) | ||||||||
32 | K1s / PTPs | $50 ea | Tax doc from publically traded partnerships (frequently oil & gas pipelines) | ||||||
33 | K1s / small business owners | $100 ea | Tax doc received from an S-corp or partnership that you're a shareholder/partner of | ||||||
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35 | 🏢 | Business & rental situations: | Explanation | ||||||
36 | Renting a property | $175 ea | Rented your property out (incl, on Airbnb or thru a property management company) | ||||||
37 | Side hustle or small consultancy | $100 ea | You run a small side hustle or received a little 1099 income (and had minimal expenses) | ||||||
38 | Small business or agency | $600+ | You run a business or agency with sigificant expenses | ||||||
39 | Missing depreciation schedule | $100 | You're a new client with a business or rental property and missing depreciation schedule that needs to be rebuilt | ||||||
40 | S-corp analysis | $500+ | Tax analysis and projections for SMLLCs vs S-corps | ||||||
41 | S-corp or partnership tax return | $2000+ | The minimum fee for separate business returns | ||||||
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43 | ➕ | Addons: | Explanation | ||||||
44 | Tax consult | $350 | A 60min meeting for hard hitting tax questions | ||||||
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48 | Any upfront price estimate is based on an initial assesment of your tax situation using information you provide. | ||||||||
49 | Final price may differ based on your actual tax situation. Applies to individual returns for tax years 2023 and earlier. Prices subject to change. | ||||||||
50 | Fee sheet includes prices for most common forms, credits, schedules, and services. If you require something which isn't listed, please inquire about pricing. | ||||||||
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