• QuickBooks® Year End Check-Up
  • $324 Average (3 hours typically)
  • On-line with a CPA getting you tax ready

  • Working directly with the business owner
  • Our CPA reviews your QuickBooks® company transactions from last year getting your numbers ready for your tax professional.
  • 1099-MISC Preparation
  • $20 per 1099 ( $72 minimum)
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  • Annual filing of requisite form for your payments in the course of your business to non-employee service providers, landlord and attorneys.

  • A Form 1099-MISC, Miscellaneous Income, is required for each person to whom you have paid during the year at least $600 in:  1. Rents (box 1);  2. Services performed by someone who is not your employee – including parts and materials (box 7);  3. Payments to attorneys (box 14)

  • Exceptions. Payments for which a Form 1099-MISC is not required include the following:  1. Generally, payments to a corporation (including a limited liability company (LLC) that is treated as a C or S corporation) 2. Payments for merchandise, telegrams, telephone, freight, storage, and similar items 3. Wages paid to employees (report on Form W-2, Wage and Tax Statement).

    Link to IRS for additional information: 
    https://www.irs.gov/pub/irs-pdf/i1099msc.pdf

  • Due Date:  New for tax year 2016: The IRS issued a new due date alert for Forms W-2, W-3, and 1099-MISC with data in box 7 for non-employee compensation. The new due date — effective for tax year 2016, filed in 2017 — is Jan. 31, 2017, and applies to paper and electronically filed returns.

  • Penalty:  Congress has increased the penalties for failure to file or late filing of Forms 1099 effective January 1, 2016.  If a correct Form 1099-MISC is not filed by the due date and reasonable cause cannot be shown, the following penalties apply: • $50 per Form 1099-MISC if not more than 30 days late.  • $100 per Form 1099-MISC if more than 30 days late but by August 1. • $260 per Form 1099-MISC if filed after August 1

  • Business Tax Preparation
  • $800 Average
  • E-filing of your business’s annual income tax returns

  • Preparation of the Federal and State corporate or partnership annual income tax returns for your business by Certified Public Accountants with experience and training in taxation
  • *range $700-$950 (more if your bookkeeping for the year is incomplete)