Average New Jersey tax preparation fees in 2020

Posted Leave a commentPosted in Accounting, Self-employed, Small Business, Tax Planning, Taxes

These are the most recent published average industry prices for tax preparation services in the state of New Jersey as of the date of this blog post. These are not my rates, although I do pay attention to this type of published data when calculating my own pricing. Individual tax returns Most individuals who do […]

Tax services fees in 2019 (for 2018 tax returns)

Posted 4 CommentsPosted in Self-employed, Taxes

In 2020 ( for 2019 tax returns) I adopted a new business model that includes income tax return preparation as one of a bundle of services designed to streamline your compliance requirements and improve overall financial performance. Pricing is based on a monthly fee rather than a transactional fee, starting at $100 for individuals and […]

Tax Preparation Fees for 2017 Tax Returns

Posted Leave a commentPosted in Accounting, Taxes

This post and pricing information is now out of date. “How much do you charge for tax returns?” Of course this is a common question from new and prospective clients during tax season. The answer is that I simply use the published national average fee for tax services as a benchmark. Those rates are published […]

Save money on small business payroll processing by removing bundled fees

Posted Leave a commentPosted in Accounting, Employee Benefits, Small Business

A no-load approach to small business payroll In the “old days”, small business payroll services were priced based on a formula that was a bit complex. Factors like frequency of payroll, number of employees, type of pay, benefits, and local taxes all factored into the cost. Year-end ad ancillary services were typically priced separately. To me, […]

Pricing

The success of a business depends on its ability to deliver high value to clients at a controlled cost. This page is meant to describe the pricing side of that equation. Suitability The first requirement for all accounting engagements: The estimated benefits and value of the project for you must exceed the estimated cost of the […]

Professional tax preparation fees for 2016

Posted 2 CommentsPosted in Accounting, Tax Planning, Taxes

Average tax return preparation rates are published by the National Association of Accountants in the national and regional average tax preparer fee survey for 2016. The fee for my online remote tax services is typically about 1/3 lower than typical walk-in tax preparers. However, late season returns or services that do not use online cost savings are […]

Tax preparation fees represent the “wild west” of the financial services industry

Posted Leave a commentPosted in Taxes, Values

We are just three weeks away from the opening of a new tax filing season and so the subject of disclosure of tax preparation fees comes up again. My opinions differ sharply from the mainstream of the tax preparation industry. The tax preparation industry may be the last bastion of “let the buyer beware” free […]

New pricing for QuickBooks Online

Posted 1 CommentPosted in Accounting, Small Business

QuickBooks Online will have new higher pricing for new accounts effective March 9. Current pricing is listed at http://quickbooks.intuit.com/online/compare/. Monthly rates for new customers: Retail through a ProAdvisor Simple Start (previously $9.95) $12.95 $6.50 Essentials – includes bill pay and 3 users (previously $19.95) $26.95 $13.50 Plus – includes inventory tracking, class tracking, expense by customer, […]