Tax Club Prices - 09/01/2008

Service

Price Notes
Federal Income Tax Preparation $35.00 - Student Rate (not eligible for referral fee)

$49.95 - New Client Special (eligible for referral fee)

$65.00 - Standard Rate (eligible for referral fee)

1040EZ, 1040A, 1040 and all forms and schedules except those listed below, includes e-file.

 

Electronic Filing Free - Included Tax Club or Self prepared, check or Direct Deposit
Small Business - Schedule C or Form 1099-MISC Additional $40 Includes Schedule C, SE, depreciation, and any other forms needed
State Income Tax Returns $35 Any state return
Buying/Selling of a House Additional $10 We need your Settlement Statement to calculate this
Rental Property $40 per property Sch E
Partnerships $300 for up to 2 partners, each additional partner add $30 Form 1065
C Corporations $300 for up to 2 partners, each additional partner add $30 Form 1120
S Corporations $300 for up to 2 partners, each additional partner add $30 Form 1120S
LLC $300 for up to 2 partners, each additional partner add $30 Form 1065
Extensions $10 not caused by tax preparer Form 4868
Referrals $15 We pay a $15 referral fee if a client refers a new client.

New client is not a previous client or a student.

Forms we choose not to work on include: 8889 Health Savings Accounts (HSAs) Too confusing.  You can prepare and supply me the numbers.
Come Back fee $10 If you skip a tax year and have someone else prepare your taxes, we will charge you $10 to accept you back.  This causes us a lot of paperwork by having to retype in all your information into the computer again.  Your information can be brought forward from the previous year, not 2 or more years ago.  

Prices - With a Little More Explanation

Federal Income Tax Preparation - We currently charge $49.95 for new clients or $65.00 for returning clients to do a 1040EZ, 1040A, or 1040 federal tax return.  This includes all forms and schedules commonly used in 99% of all personal federal income tax returns that don't include small businesses or contract labor (Form 1099-MISC).

Electronic Filing - Electronic Filing is included.  We can do the tax preparation or you can bring your completed return to us and we'll electronically file it for you for $35 + tax.  

Small Business - Schedule C or 1099-MISC - We charge an additional $40 to do a business return.  A business return is any return that has a Schedule C or Form 1099-MISC.  This includes the preparation of Schedule SE (self employment tax calculations).  If you earned income as a contract laborer, you should have received a Form 1099-MISC by February 1, 2008.  Form 1099-MISC goes on a Schedule C, which means it's a business return.

State Income Tax Returns - We currently charge $35 for any state income tax returns that doesn't include a Schedule C.  Schedule C, like above, is an additional $40 if your return needs it.

Buying/Selling of a House - We currently charge $10 for buying or selling of a house in a tax year.  We will need your settlement statements, usually 8.5 x 14 inch papers you received from the title company.

Sch D - We currently charge $10 extra if your return has ESPP or ESOP stock transactions due to the time involved.

Partnerships - We currently charge $300 for Form 1065. 

C Corporations - We currently charge $300 for Form 1120.

S Corporations - We currently charge $300 for Form 1120S.

LLC Corporations - We currently charge $300 for Form 1065.

Extensions - We currently charge $10 for extension form 4868.  We will help you fill out Form 4868 and you will be responsible for mailing it in on time.  Preparation fee and $10 Extension fee due at time of extension.  Remember, this is an extension to FILE, not PAY.  Interest will begin to accrue on 04/16/2008.

Referral Fee - Refer a friend and receive $15 for every direct referral.