Prices

The pricing structure for tax preparation services can take many forms (hourly rates, subscriptions, package pricing). That’s why Eliot created his prices with a focus on the customer (refer to FREE tax advisory) by keeping his fixed pricing structure simple and transparent. For example, all of Eliot’s prices are publicly listed and he doesn’t bill by fifteen minute increments. Instead, most of his customers will qualify for his standard flat rate which includes preparing and filing a basic federal and state tax return. Eliot also includes with your return at no additional charge an in-depth individualized tax analysis specific to your personal situation to set you up for future financial success.

All prices come with FREE unlimited tax advisory

Individuals + Family

1040: ONLY $295

+ Schedules 1–6
+ Schedule A – itemized deduction calculation
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Federal + State return
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Schedule B: $50

Int + Div Received

Schedule C: $250

Sole Proprietorship

Schedule D/Form 8949: $75 each

Capital gain/loss from sale + sale of capital assets

Schedule E: $75

Rental Properties

Schedule F: $250

Farm

Schedule K-1: $60

Partnership

Alternative Minimum Tax

Form 6251: $300

Tax payers with high itemized deductions

Investments

Form 8960: $150

Investment income

Form 4952: $75

Investment interest deduction

Retirement Penalty

Form 5329: $125

Early withdrawals/distribution

Foreign Activity

Form 2555: $75

Foreign earned income

Form 8938: $200

Assets outside of the U.S.

FBAR Fincen 114: $175

Bank accounts outside of the U.S.

Assets + Depreciation

Form 4562: $75

Business property depreciation deduction

Depreciation Schedules: $25

Credits

Form 2441: $75

Did you pay for child care?

Form 8962: FREE!

Health care credit

Education Credits: $75

Are you pursuing post-secondary education?

Business Tax Returns

Form 1065 – LLC/Partnerships: $1,500

Form 1120S – S Corp: $1,500

Form 1120 – C Corp: $1,500

Anyone (literally anyone) regardless of their education, training, and qualifications can receive a Preparer Tax Identification Number (PTIN) authorizing them to prepare federal tax returns for compensation.  Consequently, not all tax professionals have the same level of skill, education, and expertise making tax preparation fees subjective.  The CPA is an objective credential. For example, Eliot is licensed by the District of Columbia (DC) Board of Accountancy. The DC Board of Accountancy requires Eliot to complete 80 Continuing Professional Education (CPE) credits annually to maintain his license. Since the tax laws (2017 Tax Cuts and Jobs Act) are always changing, Eliot chooses to complete tax related CPE’s to keep his skills current and knowledge relevant to today’s ever-changing economic landscape.

As a general overview, CPA’s licensed by state boards of accountancy:

  • passed the Uniform CPA Examinations
  • completed study in accounting at a college or university
  • met experience and good character requirements
  • comply with ethical requirements
  • complete specified levels of continuing education