- A fixed fee for every single tax form or schedule
- A fee that is based on the previous year's fee along with an additional fee charged for any changes in the situation of the client's tax
- A minimum fee for tax return along with an additional fee based on the complication in the client's tax situation
- A value-based tax preparation service fee
- An hourly fee for the time spent while preparing the tax return
- A fixed fee for every item in data entry
Home | Personal Finance
Understanding the cost involved in a tax preparation service
Calculating the price of a tax preparation service can be daunting as there is no set price for the same. The tax professionals use a variety of methods and ways to set a price for their services. This makes it difficult to calculate and compare the costs of different tax preparation services. The price of the tax preparation service increases as the financial situation and tax return becomes more complex.
These tax preparation services often use different pricing methods for their services. Those who want to compare the prices of different tax preparation services can directly ask the companies the pricing method they use, or how the companies determine the prices. Companies generally tell the estimated price for tax preparation as well, however, it is generally difficult to get an estimate from any company unless the tax professional sees the tax issues of the client.
Some methods that the tax preparation service providers use are mentioned below.
BestRead Articles
BestQuestions
BestProducts