Discussion:Are you charging a special fee for Short Sale calculations?

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Discussion Forum Index --> Business Growth Community --> Are you charging a special fee for Short Sale calculations?

Loiscpaaz (talk|edits) said:

19 October 2009
Because of the knowledge required to prepare a tax return with either a short sale or foreclosure I feel there should be a surcharge for that component on the tax return. Something to reflect the level of knowledge required. I'm having trouble quantifying it to a charge per transaction.

What is the general consensus?

Michaelstar (talk|edits) said:

20 October 2009
Whether one bills by the hour or value bills, this type of work is outside what I would consider the normal preparation of a tax return. Most tax returns (that I prepare) do not require the calculations and w/p prep for short sales or foreclosures and should be billed accordingly. I bill by the hour so I bill the time involved - no premium above that. Up to this point, I have not separated that on the invoice.

Actionbsns (talk|edits) said:

20 October 2009
I also bill by the hour so the time would just be included. It seems like a slap in the face to someone who just lost their home to see another charge caused by the economic downturn. They might notice a little difference in the overall bill, but not feel as though they just had their noses rubbed in it. Isolating a charge like that might just cause some clients to change tax preparers.

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