Tax Preparation & Planning Fees
Tax Services Fees
We are a holistic tax planning firm not solely tax preparation. Keep in mind that we charge premium rates than most preparation firms for preparing only a U.S. Federal Income Tax Return.
BASE
$150
College students and Elderly
Features
- Elderly or Disabled Credits
- US Retirement & Social Security Income
- Education Credits
- Retirement Savings Contribution
- Qualified ROTH & IRA Contributions
CORE
$300
Form 1040 Tax Return
Features
- Includes all forms in Base Package
- Gross Income Below $100K
- US and Foreign Wages
- Foreign Earned Income
- Earned Income Credit
- Child & Dependent Care Credits
- Alternative Minimum Tax
- Mortgage Interest Credit
- Estimated Taxes
- Capital Gains & Losses
- Health Care Coverage Exemption
- 1 State Return Included
- Includes over 30 additional tax forms
Enterprise
$450
Entrepreneurs & Investors
Features
- Includes all forms in Core Package
- Gross Income Below $100K
- Self-Employment Income
- Self-Employment Tax
- Profit & Loss Schedule C
- Up 2 K-1s Included (1120S & 1065)
- Net Investment Income
- Qualified Business Income
- 1125-E Included
- Single-Member Limited Liability Companies
Features
- Elderly or Disabled Credits
- US Retirement & Social Security Income
- Retirement Savings Contribution
- Education Credits
- Qualified ROTH & IRA Contributions
- Includes all forms in Base Package
- Gross Income Below $100K
- US and Foreign Wages
- Foreign Earned Income
- Earned Income Credit
- Child & Dependent Care Credits
- Child Tax Credit
- Alternative Minimum Tax
- Mortgage Interest Credit
- Estimated Taxes
- Capital Gains & Losses
- Health Care Coverage Exemption
- 1 State Return Included
- Includes over 30 additional Tax forms
- Includes all forms in Core Package
- Gross Income Above $100K
- Self-Employment Income
- Profit & Loss Schedule C
- Self-Employment Tax
- Up 2 K-1s Included (1120S & 1065)
- Net Investment Income
- Qualified Business Income
- 1125-E Included
- Single-Member Limited Liability Companies
- Bi-annual Tax Planning Pre-season Meetings
Additional Services You May Need
- If we do your books, we will do your taxes, too (includes personal tax return)
- Includes Quarterly Business Consulting meetings ($330 Value)
- Initial Consultation (fee for preparing a tax return)
- Reduced rate for filing multiple tax returns (-20%)
- Examine 3 years of tax returns and personal finances.
- Analyze materials and document tax saving strategies based on needs and aspirations
- Comprehensive tax planning proposal for fee
- Present fees for implementation of tax plan
- Execute or refer outside firm for services if necessary
- Management accounting
- Advisory Committee
- Forensic Accounting
Additional Forms You May Need
Please See Fees Below
Ascension Financial Services Fee Structure
-
Personal Tax Preparation $750
Our fees start at $750 for a simple income tax return. Returns are priced based on complexity.
-
Small Biz, LLCs, Rentals Tax Prep 950
Small businesses are commonly reported on your personal tax return on Schedule C. Rental activities are reported on Schedule E. Typical fee starts at $950. Returns are priced based on complexity.
-
Partnerships & Corporations Tax Preparation $1200
Fees starts at $1200 partnership and corporate tax returns.
-
Business Formation $595 + Filing Fees
We can create a business or corporation for $595 plus the state filing fees. Includes Articles, EIN, Operating Agreement and S Corp election.
-
S-Corporation Election $1295
We can convert your existing entity into an S Corp for $1295. Even if you are late. Save on self-employment taxes and implement advantageous executive benefits!
Additional Services You May Need
-
State Tax Return $35
-
State Annual Report (Non-Profits) TBD
-
Schedule A Itemized Deductions $150
-
1040X Amended Tax Return $100
-
Schedule E Rental Properties $200 (Each additional $75)
(up to 2 properties/entities included)
-
4562 Depreciation $250
-
1125-A Cost of Goods Sold $250
-
Schedule K (Complex/Detailed) $250
Corporate & Partnership Returns (In addition to enterprise package)
