Average Cost for Tax Prep

babyzilla · 05-31-2020, 07:01 PM

Quote:

Originally Posted by cv129

One way to get a quick idea on amount of work done is to see the forms that needed to be filed. However, assuming you’ve accurately summarize your 2019 info, I don’t see a $950 amount of work.

The only thing that hasn’t been asked is, did this CPA ask for your prior years’ returns? Did she file amended returns for your previous DIY ones? Highly unlikely I would think.

If she gives a detail breakdown, please post it, would love to see the reasoning.

FYI, you are entitled to get your paper work back without paying a cent. And the engagement letter doesn’t handcuff you to fraudulent charges.

This is good to know - thank you.
Yes, she asked to see our 2018 returns, but she did not amend anything, at least not that I'm aware of. The only reason why I wanted to complete the service with her is because I wanted to finish in a professional manner and I wasn't sure what she was/is capable of. Life lesson learned for sure. Last thing I need is the IRS after me.
Her first detailed invoice was basically "2019 tax return" and cost of $950 LOL so I asked for a more detailed one and this what she provided:

cv129 · 05-31-2020, 07:38 PM

Quote:

Originally Posted by babyzilla

This is good to know - thank you.
Yes, she asked to see our 2018 returns, but she did not amend anything, at least not that I'm aware of. The only reason why I wanted to complete the service with her is because I wanted to finish in a professional manner and I wasn't sure what she was/is capable of. Life lesson learned for sure. Last thing I need is the IRS after me.
Her first detailed invoice was basically "2019 tax return" and cost of $950 LOL so I asked for a more detailed one and this what she provided:

Ah I see. I am in Texas and no state income tax. I am unsure what typical additional costs are for state tax filing.

I highly suggest for you to consult another local CPA on approximate pricing. Or, go to a CPA forum and provide the same details, should receive honest opinions there.

The “Married filing separately” caught my eyes. Although one is still entering the same amount of info into the system, it may be possible that she is charging your and your wife returns full price for each, as if it’s for two separate person.

$400 for the joint federal is higher than I’ve seen tho....based on what you’ve said

Rusty · 05-31-2020, 09:05 PM

Quote:

Originally Posted by cv129

Ah I see. I am in Texas and no state income tax. I am unsure what typical additional costs are for state tax filing.

I highly suggest for you to consult another local CPA on approximate pricing. Or, go to a CPA forum and provide the same details, should receive honest opinions there.

The “Married filing separately” caught my eyes. Although one is still entering the same amount of info into the system, it may be possible that she is charging your and your wife returns full price for each, as if it’s for two separate person.

$400 for the joint federal is higher than I’ve seen tho....based on what you’ve said

I'm in Pa. with a state income tax. I've never paid over $250 for any tax prep.

Zoren 370 · 06-01-2020, 02:03 AM

Quote:

Originally Posted by Rusty

I'm in Pa. with a state income tax. I've never paid over $250 for any tax prep.

Dude your Irish Mafia you dont pay taxes!

JARblue · 06-01-2020, 07:50 AM

Quote:

Originally Posted by Zoren 370

Dude your Irish Mafia you dont pay taxes!

Actually, I think he's an honorary member of the Native American Mafia

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