How much do we charge?
Our fees are based on the complexity of your tax return. We have a posted fee schedule readily available to the public at all of our offices. In general, we:
- charge a fixed price for each tax form and worksheet used in the preparation of your tax return
- may apply a per-item charge for certain items, like stock sales and depreciation
- do not charge for line-items, such as interest income, unemployment and dependents
Examples of our fees for common types of returns are shown below. We can provide a more precise estimate if we know more about your tax situation. We offer a Price Estimate Worksheet, which you can use to obtain a price estimate.
Individual Tax Return Preparation Fees
Our fees are generally form-based. For example, if your tax return includes Form 1040, Schedule A, and Oregon Form 40, we would charge a fixed price for each of these forms.
For the 2017 filing season, our fee for Form 1040 is $215, Schedule A is $62 and Oregon 40 is $57, adding up to a total preparation fee of $334. Our average fee charged for the 2017 season was about $450.
Below is a table, outlining some of the most common tax return situations and our fees for preparing forms associated with these returns. Use our Price Estimate Worksheet to obtain a more accurate price estimate.
|Tax Return includes the following
income and deductions
|Forms Required||Total Average Price Charged|
|Example 1: 1040EZ Short Form
W2 Income only, no dependents. Federal and Oregon State. Electronic filing.
|1040EZ, Oregon 40||$169|
|Example 2: 1040 Short Form with dependents
No childcare expenses or Earned Income Credit. W2 Income only. Federal and Oregon State.
|1040A, 8867,Oregon Form 40||$275|
|Example 3: 1040 Short Form with dependents & EIC.
W2 income only. No childcare expense.
|1040A, 8812, EIC, 8867, Form 40||$326|
|Example 4: 1040 Short Form with dependents & college education expenses.
W2 income only. Federal and Oregon state. No EIC.
|1040A, 8863, 8867, Oregon 40||$322|
Example 5: Long Form 1040, itemized deductions with dependents
|1040, Sch A, Oregon Form 40||$383|
Example 6: Stock and Investment income
Alternative minimum tax and NIIT
Foreign investment or financial accounts
|1040, Sch A, Sch D, 2 x 8949, Oregon Form 40||
Example 7: Rental property
More than one rental property
|1040, Sch A, Sch E, 4562, Oregon Form 40||
|Example 9: Self Employment/Business Income
Long Form 1040 reporting income from Self-Employment. Price will vary according to complexity of the business return and other forms and schedules that are a part of the tax return. Please complete our Price Estimate Worksheet and contact our offices for a more detailed price estimate.
|1040, Schedule C, Oregon Form 40||Low $313
Average $600 - $800
High $800 - $1,300
Example 10: Amended tax return
1040X, Oregon 40X
Additional forms required for the amendment
$0 if our error.
$300 and up were we prepared the original return.
$300-$700 if we did not prepare the original return.
Example 11: Out-of-State Returns
We prepare returns for all states.
We also prepare returns for Puerto Rico, CNMI, Guam, and other U.S. territories
AZ, MT, HI & ID: $74 per state
NY, CA, NJ & PA: $200 per state.
All other states: $115
Example 12: Nonresident Returns
Low: $215 - $350
Average: $350 - $450
High: $450 - $1,000
Example 13: Foreign income
You are required to report your worldwide income, however, you may be eligible to offset foreign income by claiming the Foreign Earned Income Exclusion or the Foreign Tax Credit. If you are not eligible for these benefits, you may still be able to claim certain travel expenses.
Pricing for tax returns that report foreign income is described in earlier examples, but pricing will reflect charges for additional forms relating to the foreign income.
We are also experienced with preparing specialized returns for expatriates and individuals who are out of tax filing compliance and wish to come into compliance using the IRS Offshore Stream-Lined Filing Compliance Procedures.
FATCA Form 8938
FBAR- FinCEN Form 114
Specialized situations like offshore streamlined compliance procedures run $3,000 - $5,000.
Partnerships, LLCs, Corporations and S-Corporations
Fees for preparing corporate and partnership returns vary, according to the complexity of the tax return. Pricing begins at $750, with the average fee ranging from $800 - $1,200. Companies can obtain a price estimate by filling out the appropriate organizer and then calling 503-646-5600 or dropping by our office.
Bookkeeping & Payroll
Our bookkeepers are university graduates with Bachelors degrees in accounting. Our bookkeepers are proficient with QuickBooks, and other accounting software applications.
Our in-house bookkeeping and payroll service rate is $80 per hour. Or we can visit you at your business location for $90 per hour.
Business & Tax Consulting
Tax consulting services are billed in half-hour increments of $150 per hour, with a $100 minimum fee. Consulting services with our CPA, Leonard Mitchell, are billed at $300 per hour.
Please visit our Audit Services page for information about our audit assistance pricing.
Oregon Laws Governing Pricing Disclosure
Oregon Licensing Laws governing advertising and pricing state:
"No licensee shall give or offer to give a discount unless:
- The discount is based upon a conspicuously posted basic fee schedule at the licensee's place of business; and
- The fees on the posted basic fee schedule are the usual and customary charges of the business; and
- The posted basic fee schedule is made available to the general public."
The purpose of this rule is to ensure income tax services who advertise discounts to attract customers fairly and openly disclose their pricing.
In accordance with these laws, Pacific Northwest Tax Service makes every effort to openly and fairly disclose our pricing. We believe it is the responsibility of all licensed tax professionals to adhere to the Code of Conduct set forth by the Oregon Board of Tax Service Examiners. Tax Board's rules governing the conduct for tax professionals in Oregon.
Oregon law requires tax preparers who offer discounts or coupons to post their price schedule. Ask to see your preparer's price schedule to ensure you are being fairly charged.