Fees for Services

Most services: We offer flexible pricing options to suit your individual and business needs. Our standard rate is hourly, providing you with the benefit of paying only for the services you need. We do our best to beat competitor pricing.
Tax returns: Base fee plus adjustments for complexity.
- Extensions: Requesting an extension requires the initial payment of our basic tax return fee. This amount covers the fundamental administrative work and will be fully credited against your final tax preparation invoice, meaning you will only pay for any additional forms required..
All fees: Based on time and effort required; billed in 15-minute increments.
No hidden fees: You only pay for the work done.

Tax Returns

Our minimum fees cover the standard time required for:

Securely receiving and managing client documentation.
Up to three rounds of follow-up communication regarding necessary open items.
Preparation and assembly of the complete tax return.
A brief internal quality review of the completed return (limited to 15 minutes).
Electronic filing of the return or providing detailed paper filing instructions.

Our efficient preparation processes allow us to complete basic tax returns quickly. Additional forms and services will incur extra fees. For complex returns requiring extensive consultation, we will bill our time at an hourly rate. This may result in higher fees, especially if resolving outstanding issues is time-consuming. While a limited number of exchanges are included in the base fee, additional communication may be subject to hourly charges.

Other Factors (most of these are billed according to time required):

Subsequent revisions to the tax return can significantly increase fees due to the time required to re-familiarize with your financial situation, especially if there are extended periods between updates. Factors such as numerous email exchanges to gather information or preparing the return based on preliminary estimates (e.g., estimated K-1s, income, or expenses) that later require adjustments can contribute to additional charges.

Tax Preparation Fee Includes:

Preparation of your tax return, including initial information gathering via email.
Review of the completed tax return (up to 15 minutes; additional time billed).
Filing a tax extension, if necessary (excluding cases requiring complex calculations or incomplete information).
Brief tax-related inquiries via email throughout the year.
Correction of any errors made by us.
Preliminary review and explanation of tax notices.
Provision of necessary supporting documentation.

Tax Preparation Fee Does Not Include:

Extensive revisions to the tax return due to client-provided inaccuracies or incomplete information.
Assistance with tax audits or inquiries not resulting from our errors. (We will provide a basic review of notices and answer brief questions at no charge.)
In-depth tax consultations or representation.
Initial consultations, are typically unnecessary due to the tax questionnaire and email communication. If requested, these consultations will be billed at our standard hourly rate.

Note: We do not offer phone consultations with tax authorities or in-person audit representation. However, we can assist with organizing written correspondence and providing general guidance.

Fee Estimates

Should you require a specific fee estimate prior to the commencement of work on your tax return, kindly forward all relevant tax documentation and a fully completed Tax Questionnaire to support@fergbookntax.net. Please ensure the subject line clearly states "NEED FEE ESTIMATE."

Our goal is to deliver an accurate fee estimate; however, the final professional fee is contingent upon the complete scope of services rendered and any complexities that may arise or missing information that may be identified during the preparation of the tax return. We will immediately communicate any required adjustments to the initial estimate. Should the work involved be less extensive than initially scoped, the final fee will be reduced accordingly.

Important Notes

Fees are subject to annual adjustments based on the complexity and scope of your tax or bookkeeping situation.
Use of our services constitutes acceptance of our complete terms and conditions.
Payment for Tax Preparation Services is due upon the completion of the work, even if the client ultimately decides not to utilize the prepared return. Settlement of the invoice is expected within one week of receiving the "Return Ready" email.