Our Online/Virtual CPA Tax Return Fees
Regardless of fees charged, our commitment to you is to provide the best tax advice and return preparation available, period! This philosophy forms the core value of our belief system and you can be confident we are on your side.
Questions?
Email: info@davidchartoffcpa.com
Call – 855-979-7583.
We have offices located around New York State. Our initial service area was Long Island, NY but obtained clients from around the country and found we can provide excellent customer service and meet the needs of our clients effectively.
Online/Virtual CPA Tax Return Process
Our Online/Virtual CPA services give you the flexibility to connect with us whenever it’s convenient for you. Information is sent and stored electronically increasing efficiency. You provide us with all relevant information using our secure portal. We review the information and follow up with questions and clarifications. This involves telephone calls discussing the details and reviewing the information. It is your tax return and it is important that you understand the issues involved. This is a dynamic process that continues until all facts become clear. Our clients have their own level of sophistication and basic knowledge. Our process moves at a speed you are comfortable with and we are always available to discuss any issue during the process.
We go over your tax return with you by telephone or a virtual meeting after we thoroughly review your information and before we release your tax return. We believe this process is the most efficient and thoughtful way to ensure your tax return is both accurate and takes advantage of all available deductions.
Questions?
Email: info@davidchartoffcpa.com
Call – 855-979-7583
Tax Return Fee Structure
Here is our guide for fees for personal tax return preparation. The fees align the complexity and tax issues along with the expected time needed.
The schedule allows you to determine the fee to prepare your tax return. There are always exceptions but we always confirm our fees through an engagement letter before we start a return.
David Chartoff CPA PC is transparent in our fee structure. Most tax returns will fit into the fees described below. The following information gives you an idea of our structure. And you can estimate your fee according to your unique situation.
Questions?
Email: info@davidchartoffcpa.com
Call – 855-979-7583
Price Overview for Our Online/Virtual CPA Tax Return Fees
$320 for a Form 1040 with Schedule A ** State return $40
$220 for a Form 1040 (non-itemized) ** State return $40
- Minimum tax return preparation fee is $220
- Children returns that are a dependent of a client are not subject to the minimum fee.
*** Note *** We use an engagement letter on every job that details the services and costs. Once signed, this is the final price we charge for the services summarized in the engagement letter. If new information or work is uncovered during our thorough preparation process, our fees are adjusted according to the schedule. Also, our clients can terminate the agreement at anytime prior to the return being filed.
Additional Costs for commonly used forms
$180 for Schedule C (business) – Amount varies depending on complexity. Will be confirmed in engagement letter. (Amount can be less for simple situations.)
$50 for Schedule D -per brokerage statement (sale of stocks)
$120 for Schedule E (rental)
U.S. Individual Income Tax Return:
Form 1040 – Up to three (3) W-2’s
Each additional W-2, $10
Form 1040 ES – Estimated Tax Vouchers – $20
Schedule A – Itemized Deductions- $100
Review closing documents in the first year a house is purchased – $80
Schedule B – Interest and Dividends – First 4 included. $10 each after
Schedule C – Profit and Loss from Business – $180 typical. Complexity and record keeping are the factors. (Amount can be less for simple situations.) Amount will be confirmed and detailed on engagement letter.
Schedule SE – Self-Employment Tax – Included in schedule c cost
Schedule D – Capital Gains and Losses: $50 per brokerage statement
Form 8949 – Included
Schedule E – Page 1 – Rental Property -$100
Schedule E – Page 2 – Schedule K-1, 2 included, $20 for each one after
Schedule R – Credit for the Elderly or Disabled – Included
Form 1116 – Foreign Tax Credit – Included
Form 2210 – Underpayment of Estimated Tax – Included
Form 2441 – Child and Dependent Care Expenses – $60
Form 2555 – Foreign Earned Income – $75
Form 4137 – Tax on Tip Income – $40
Form 4562 – Depreciation and Amortization – Typically included with form, if not $50 each.
Form 5695 – Residential Energy Credit – $ 80
Form 6251 – Alternative Minimum Tax – $40
Form 6252 – Installment Sale Income -Year of sale – $100 – Subsequent years – $50
Form 8283 – Non-Cash Charitable Contributions – Included in schedule a cost.
Form 8582 – Passive Activity Loss Limitations – $50
Form 8829 – Home Office Deduction – $50
Form 8863 – Education Credits – $50
Extensions, file extension – 25
Business Tax Return (Minimum Fee):
*** Note *** The complexity of preparing a business tax return is significantly greater than preparing a personal tax return. Similar to personal tax returns, an engagement letter will be used summarizing the services provided and fees. These amounts are intended to provide a general idea of costs involved.
Form 1120, U.S. Corporation Income Tax Return – $500 minimum (Amount can be less for simple situations.)
Form 1120S, U.S. Small Business Income Tax Return – $500 minimum (Amount can be less for simple situations.)
Form 1065, Partnership (LLC) Return of Income – $500 minimum (Amount can be less for simple situations.)
Questions?
Email: info@davidchartoffcpa.com
Call – 855-979-7583