Having Eliot Cashell, CPA as your trusted tax advisor is worth more than any price you will pay to have your taxes prepared. If you choose to have your tax returns prepared for a cheaper price, Eliot highly recommends you always inquire about the service provider’s education and training.
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
Federal + State return
Schedule B: $50
Int + Div Received
Schedule C: $250
Schedule D/Form 8949: $75 each
Capital gain/loss from sale + sale of capital assets
Schedule E: $75
Schedule F: $250
Schedule K-1: $60
Alternative Minimum Tax
Form 6251: $300
Tax payers with high itemized deductions
Form 8960: $150
Form 4952: $75
Investment interest deduction
Form 5329: $125
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
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