This is a pretty good article about what expect from a Tax preparer, how much they should charge and what they are charging you for, and if you can do it yourself.
| Average Tax Prep Fees (Federal Only) |
2018 | 2019 | |
| National Average (per Advisory HQ website) |
Amore Accounting Services LLC (Base) | Savings | |
| Average Tax Return in New England | $205.00 | $75.00 | 63% |
| Form 1040 W-2 and Health Coverage only | N/A | $60 | |
| Form 1040 Individual | $139.00 | $100.00 | 28% |
| Form 1040 + Schedule D (Capital Gains/Loss) | $142.00 | $110.00 | 23% |
| Form 1040 + Schedule C (Self Employed) | $218.00 | $150.00 | 31% |
| Form 1040 + Schedule E (Rental Income) | $165.00 | $125.00 | 24% |
| Form 1041- Fiduciary | $497.00 | $350.00 | 30% |
| Form 1065- Partnership | $590.00 | $400.00 | 32% |
| Form 1120S – S-Corporation | $761.00 | $350.00 | 54% |
| Form 1120 – Corporation | $806.00 | $400.00 | 50% |
| Additional Prices | |||
| One State | FREE | ||
| Additional States | Each Additional | $15.00 | |
| Earned Income Credit | $15.00 | ||
| Additional Forms (W-2, 1099, Schedule D, etc) | Each Additional | $5.00 | |
| E-Filing and Direct Deposit | FREE | ||
| Non-Tax Related Prices | |||
| LLC Set-up Fee | $100.00 | ||
| Payroll Set-up Fee | $50.00 | ||
| Run Payroll (per pay period) | $10.00 | ||
| Quickbooks Online Subscription (per month) | |||
| Simple Start | $20.00 | N/A | 0% |
| Essentials | $40.00 | $30.00 | 25% |
| Plus | $70.00 | $50.00 | 29% |
| Bookkeeping (per hour) | $40.00 | ||
| Monthly recurring billing available at a discount upon request. | |||