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Questions & Answers
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Q:
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What advice would you give to a customer looking to hire a company like yours?
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A:
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Here are some tips to keep in mind when choosing a tax preparer:
Check to be sure the preparer has a PTIN. All paid tax preparers are required to have a Preparer Tax Identification Number or PTIN. In addition to making sure they have a PTIN, ask the preparer if they belong to a professional organization and attend continuing education classes.
Check the preparer’s history. Check with the Better Business Bureau to see if the preparer has a questionable history. Check for disciplinary actions and for the status of their licenses. For enrolled agents, check with the IRS Office of Enrollment. (Enrolled agents are licensed by the IRS and are specifically trained in federal tax planning, preparation and representation.) For certified public accountants, check with the state board of accountancy. For attorneys, check with the state bar association. Ask about service fees. Avoid preparers who base their fee on a percentage of your refund or those who say they can get larger refunds than others can. Always make sure any refund due is sent to you or deposited into your bank account. Taxpayers should not deposit their refund into a preparer’s bank account.
Ask to e-file your return. Make sure your preparer offers IRS e-file. Any paid preparer who prepares and files more than 10 returns for clients generally must file the returns electronically. IRS has safely processed more than 1.2 billion e-filed tax returns.
Make sure the preparer is available. Make sure you’ll be able to contact the tax preparer after you file your return - even after the April 15 due date. This may be helpful in the event questions come up about your tax return.
Provide records and receipts. Good preparers will ask to see your records and receipts. They’ll ask you questions to determine your total income, deductions, tax credits and other items. Do not use a preparer who is willing to e-file your return using your last pay stub instead of your Form W-2. This is against IRS e-file rules.
Never sign a
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Q:
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What is the most common type of project or service your company provides?
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A:
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Tax and Financial Planning to build and preserve wealth.
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How We Charge For Our Services
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401-k Rollover Assistance
- $150.00 to $175.00 fee only (hourly rate)
- 0.80 to 1.25 percent of assets under management
Fees depend on level of services being provided and may be waived in some circumstances
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401k Plans
- 0.80 to 1.25 percent of assets under management
- $150.00 to $175.00 fee only (hourly rate)
Fees are based on level of service provided. Hourly fees may be waived for assets exceeding $50,000.
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Bookkeeping Services
- $75.00 to $85.00 per hour
Fees are due at the time services are rendered.
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Financial Planning & Investment Advice
- $150.00 to $175.00 fee only - hourly rate
- 0.80 to 1.25 percent of assets under management
Fees are based on level of services provided. Hourly fees may be waived for assets under management in excess of $50,000.
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Retirement Planning & IRAs
- 0.80 to 1.25 percent of assets under management
- $150.00 to $175.00 fee only (hourly rate)
Fees are based on level of services provided. Hourly fees may be waived for assets under management in excess of $50,000.
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Tax Preparation & Consulting - Business
- $150.00 to $175.00 per hour
Fees are based on the forms required plus hourly fees for special services.
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Tax Preparation & Consulting - Personal
- $150.00 to $175.00 per hour
Fees are based on the forms required plus hourly fees for special services.
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