Form 1040 for less then $200 anymore?

[AZ-Tax]

With the rising cost of being a tax preparer, does anyone do Form 140 w/Sch A & St return for less then $200 anymore?

[Jiggers]

Not me

With the rising cost of being a tax preparer, does anyone do Form 140 w/Sch A & St return for less then $200 anymore?

Not me, and I don't do state tax returns.

[JoshinNC]

That's a great question.

I had been at $195 for 1040 and Sch. A since 1/1/09, but will most likely move that up to the $210-225 range for 2010 returns.

[Uncle]

I am less

With the rising cost of being a tax preparer, does anyone do Form 140 w/Sch A & St return for less then $200 anymore?

My standard fee for an individual return with no C,E,F including state, efiling, and payment deducted from refund is $100. If that A is anything but dead simple, I would add $40.

[taxxcpa]

Fee

With the rising cost of being a tax preparer, does anyone do Form 140 w/Sch A & St return for less then $200 anymore?

I often do them for less than $200. Some of them only take a few minutes to enter a W-2, mortgage interest and real estate tax. I could knock out five, six or more such returns in an hour or less and make as much for my time as a doctor does.

I do very few state returns other than corporate franchise taxes since we have no state income tax in Texas and I have only a few out-of-state clients.

[joanmcq]

I do. $175 range. w/wage, a little interest and/or div, a few charitable. goes up from there.

[geekgirldany]

I've been doing them also under $200. Range is from $125 to $150. Sometimes that also includes other forms.

I know my fees are low and I have posted about it in the past. So I won't go into that again. But next month I am meeting with a SBA advisor that is close by to me that will hopefully help to figure out pricing and also address my marketing. This is a free service they are offering to local small business owners and I am going to take them up on it.

[JohnH]

I usually quote $220 - $260 for basic return with itemized deductions, 2 or 3 W-2 forms, including a state return. This assumes everything is fairly well in order and no research or backtracking needed. If there's a schedule B required due to some interest or dividends over the limit, I will stay in that range. Other forms (2441, D, E, multi-state, etc) start the additional-fee meter running fairly quickly.

[taxxcpa]

SBA advice

I've been doing them also under $200. Range is from $125 to $150. Sometimes that also includes other forms.

I know my fees are low and I have posted about it in the past. So I won't go into that again. But next month I am meeting with a SBA advisor that is close by to me that will hopefully help to figure out pricing and also address my marketing. This is a free service they are offering to local small business owners and I am going to take them up on it.

Keep us posted on the kind of advice they give you.

[AJsTax]

Yes, Please keep up with us

on what you find out on this subject.
I know the rates vary a lot around the country and we are in a very depressed area.
In this office we do around 1200 1040 returns besides the businesses we do. This is a CPA office with 3 CPAs and 1 EA.
I have encouraged the idea of raising fees more, with no luck.
We quote a 1040 with A and B at 100 to 125.
With a D might go to 150.
Small C or E will get 150.
almost never do we go over 200 unless it is a very large and complicated D with lots of basis research or a small business with a large Sch C. Or many rentals might get to 200 to 225.
I had one client just rip me apart this past season because we are going to price ourselves right out of business charging so much. She was charged $100 for a 1040 with A and E(one rental). We kinda hope she does go to someone else. She can always go to the big Store and pay twice as much.

[MLINDER42]

1040 Fees

I have 2 offices my fees with an A are $125 if they have a C $150.00.Have several clients with multiple rentals who I charge much more.Want to stay cheaper than the majors.

[Kram BergGold]

$125 to $150

A return with 1040 and Schedule A and 1 state does not take long to prepare. However I don't do many like this becasue usually Scheudules B, D or Forms 2441 are needed.

[Lion]

Over $200

Way over $200. I'm in Fairfield County, CT. And, I'm not trying to compete on price. I also try to have my fees high enough to cover questions throughout the year for free (want clients to call me before they do something). I think I have one continuing, long-time client, sweet little old retired man, who I charge $140 and a renter with one W-2 that ends up being $170 with her investments. Rest are more complex individual returns and small businesses. Not many returns but average around $550. Not taking new clients for less than $500. Had to fold in last year's $100 to NY and the new annual $64.25 and ever increasing education to take good care of my clients and good software to handle complex returns and....

[JohnH]

I LIKE the way Lion thinks...