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Thread: Tax Preparation fees

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    Default Tax Preparation fees

    Just wanted to check on this to be sure, got a reference to a tax guy, and for my taxes (as employee and contractor) and hubby's, he's charging $350. That a decent rate for doing taxes? I've never had to go to anyone else before. Am in the DC metro area, so things are a bit more here than say, Ohio....

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    God/dess anomar's Avatar
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    Default Re: Tax Preparation fees

    I pay 175 for a cpa to do my taxes... in Portland OR. But that's just for a single person as well.

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    Default Re: Tax Preparation fees

    That doesn't sound particularly high for a married person with a business. Rates vary, but the amount of work determines the cost of the return. A business return is higher than an individual and then if you add a corporate return it gets even higher. Then there are other factors particular to that tax payer's return. Ask him how he charges - by the hour or by the form. Ask him what he is charging you for. Be proactive - I'm sure he'll be happy to talk to you. If he is a CPA, make sure he also has experience in tax law (not all cpa's are actually also tax preparers). If you feel good about his aptitude and how he treats you, I would go for it. Tax prep is not an area where you want to skimp.
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