Hourly Rates
Quickbooks ProAdvisor Rates:
- Jaimmie Briones: $135 per hour
Accountant Rates:
- Jennifer Zhou: $240 per hour
- Kathy Dong: $175 per hour
- Aanu Aladejare: $180 per hour
- Ying Miles: $140 per hour
- Mihyang Kim: $165 per hour
- Catherine Lee: $220 per hour
- Kevin Kim: $200 per hour
- Eva Yi: $200 per hour
- Kellan Karanzias: $150 per hour
- Ellen Blazich: $130 per hour
- Hoon Kang: $240 per hour
- Jim Gianelli: $200 per hour
- Peter Stephen: $160 per hour
- Serenity Aust: $200 per hour
Tax Manager rates:
- Janet Warnick: $265 per hour
- Lance Hulbert: $200 per hour
Audit Manager rates:
- Ryan Holtby: $250 per hour
Senior Manager rates:
- Jessica Chisholm: $310 per hour
- John Huddleston: $310 per hour for tax preparation only ($390 per hour for consulting or other non tax preparation services)
- Larry Stave: $300 per hour
- Ernie Jonson: $265 per hour
- Jennifer Guttman: $240 per hour
- George Jonson: $310 per hour for tax preparation only ($390 per hour for consulting or other non tax preparation services)
Processing Fees
There is a processing fee on all income tax returns (but not on payroll tax returns or the Washington Combined Excise Tax return).
- Business returns – $102 (includes 1120, 1120S, 1065).
- Estate and Trust returns, Exempt Organization returns – $145 (includes 990, 709, 706, 5500, and 1041).
- Individual returns – $86 (includes 1040).
- State Income Tax returns – There is an additional $93 processing fee for each State Individual Income Tax return and $115 for State Corporate or Partnership returns
- Extension – No charge if we are preparing your return with the minimum charge for service (see minimum charge below). If we do not prepare your return, the charge for each extension is $250.
Fixed Fees
- Any letter, or other written communication, to a bank, mortgage company or other creditor or investor: $485.
- Entity Creation, including S election: $1,525 ($1,575 if city license required) (Does not include government fees or consultations).
- S Election (timely): $500.
- S Election (not timely/retroactive): $750.
- Business Valuation: $4,800 (This does not include any accounting work to get financial statements for use in the business valuation. This includes up to 3 hours of consult time).
- Registered Agent: $300 per year.
- Compliance Audit: Is your business filing all the required Federal and Washington state returns? We can do an audit of your business and let you know what tax returns are required for the year and when they are due. $475. (This fee applies to businesses with less than $1 million in revenue for the prior year. If your business does work outside of Washington state, you may be required to file additional returns. Investigating possible requirements in other states would be an additional fee.)
- Virtual office (use our mailing address): $100 per month with six months minimum plus $50 setup fee. Administrative staff will forward mail as frequently as you like for $7 per mailing plus shipping cost.
- Conference room use without CPA: $35 per hour or $180 per day. There is no charge for conference room usage when the CPA is in the room. For example, if an IRS agent is reviewing client books in our conference room for an hour and is conferring with a CPA (@ $110 level) for a second hour, the fee would be $145 ($35 + $110).
- Maintain Corporate Books: $350 per year. This includes a telephone conference with a CPA for the annual board meeting, drafting meeting minutes, and maintaining stock register.
- Profitcents Report (report that illustrates your key financials compared to averages for your industry): $700 (This does not include any accounting work to get financial statements for use in the report).
- Salary Opinion Letter (reasonable compensation for S Corporation owners) – 1st Opinion: $695.
- Salary Opinion Letter – Subsequent Opinions: $450.
- Check Return Fee: $40.
Consulting Only Package
- Essential Tax Consultation Package: 6 hours for $700. Consulting only. Expires in 1 year. Paid up front. (Mihyang Kim, Aanu Aledejare, Kellan Karanzias)
- Advanced Tax Consultation Package: 6 hours for $1000. Consulting only. Expires in 1 year. Paid up front. (Catherine Lee, Eva Yi, and Kevin Kim)
- Premium Tax Consultation Package: 6 hours for $1,200. Consulting only. Expires in 1 year. Paid up front. (Jennifer Zhou, Lance Hulbert, Hoon Kang)
- Master Tax Consultation Package: 6 hours for $1,350. Consulting only. Expires in 1 year. Paid up front. (Jessica Chisholm, Janet Warnick, Ryan Holtby)
- Consultation sessions will take place within one year of the date of the consulting package engagement (the package expires one year from that date), at a mutually agreeable time, at our Kenmore office or by telephone. A consulting package is always prepaid and can be used only for tax or accounting consulting. It cannot be used for tax preparation or bookkeeping.
Minimum Fee
Our minimum fee is $750. This is both a minimum fee for service and a minimum fee per return. So when you enter into a contract with HTC to do anything, the minimum fee will be $750. Additionally, the minimum fee per any return will be $750. Thus, it you engage HTC to prepare a federal partnership income tax return and a federal individual income tax return, the minimum fee for each return will be $750.
Standard Rates for Returning Clients
Initial returns that we prepare for you are charged based on our standard rates listed above. We find that clients value consistency. Therefore, the next period that we prepare that type of return for you, the fee will be based on the previous return preparation cost, adjusted for our increasing salary cost and the consumer price index.i However, if the issues involved or the state of the information provided changes, in our discretion, we may charge based on our standard rates above.
Estimates
Although some income tax returns we prepare are outside of this range, most income tax returns that we prepare are between $750 to $1,500. The final cost will depend mostly on the issues involved and your level of organization. Beyond this, we do not provide estimates. In some circumstances, we will provide a written fixed rate for a particular project. This will always be written and will never be oral. Any alleged oral agreement is void.
i)The fee for the return preparation for returns subsequent to the initial return we prepared is calculated as follow: Previous period return fee times (1 plus CPI for all urban consumers plus salary increase rate through the first 20 years of a CPA’s career according to https://www.payscale.com/career-news/2010/04/cpa-salaries).