Discussion:Preparer fees

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Discussion Forum Index --> Tax Questions --> Preparer fees

Bengoshi (talk|edits) said:

12 April 2006
Not a tax question, but I think some of us may wonder what the going rate is for our professional services...

--For the simple return? For more complex returns with property transactions? I sometimes have trouble determining what's reasonable in the client's eyes.

Also, b/c we are in a situation that we can see our client's financial situation, do you sometimes charge less than the usual fee?

Tstolley (talk|edits) said:

12 April 2006
I avoid reducing or increasing my fee based on income. That said I do reduce my fees for elderly, military, police & firefighters otherwise full price. I think that rates really depend on what area you are in. As a general rule I would say your rate should be at least 2.5 times your hourly/desired pay rate.


Any other ideas?

Richard@rinercpa.com (talk|edits) said:

12 April 2006
I think that we get to wrapped up in our hourly rate. There are a lot of things that go into preparing a return besides time and knowledge. What about copying, computer equipment, storage of records, rent, etc. I don't know what the solution is but, hourly billing is not the answer. I vote for value billing.

Tess (talk|edits) said:

12 April 2006
I set a rate per form and then modify according to the time or entries I need to put into it, some schedule C's have a few entries and some require much time, so it's a combination of fees per form and time.

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