If you have a tax problem, you are probably wondering if how much it will cost to hire someone to help with your tax liability.
Here are a few things to keep in mind:
Here are a few things to keep in mind about pricing:
- Prices for professional services vary widely from one firm to another. This is especially true for tax services. We encourage prospective clients to call other firms, as we strive to provide higher quality services at a lower cost.
- You need to decide whether you want to hire someone on a flat fee or hourly basis. While hiring someone on a flat fee basis is nice in that you know the amount that you will pay, most clients end up paying more with flat fees, generally.
- Flat fees can be paid over time. If you really want a fixed-fee, many firms will allow clients to pay these over time. It is up to you to negotiate the length of the payment term.
There are tax resolution firms that do not disclose their pricing structure. The fear is that disclosing pricing information will limit profitability. There are other tax resolution firms that do not have a pricing structure. This often results in clients being overcharged and, ultimately, complaints being filed against the firms.
We don’t want to be one of those firms. We feel strongly that sharing pricing information helps clients and prospective clients evaluate and, once they see the work involved, know, that they are getting a fair deal.
Here is how our pricing structure works:
- For tax debt cases, here is an estimate of our typical fees:
- If you do not know how much you owe the IRS or state, what tax periods you owe this money for, and/or don’t have a general sense of what type of resolution option or options should be pursued, we can help you with this. We charge a flat $750 for this service. You can find out more about this option here.
- If you know the information above, then our fee will depend on the type of work we have to do:
- Uncollectible status – our fee is $500 to $1,000, depending on the amount of work involved (find out more about this option here).
- Offer in compromise – our fee is 5.5% of the IRS/state balance due, but no less than $500 and no more than $5,000 depending on the amount of work involved (find out more about this option here).
- Payment agreements – our fee is 5.5% of the IRS/state balance due, but no less than $500 and no more than $5,000 depending on the amount of work involved (find out more about this option here).
- If you prefer that we work on an hourly basis, we can do that too. We use paralegals to assist our attorneys, which brings our hourly rates down. Our blended hourly rate is typically $250.
- For non-tax debt cases, such as IRS/state audits, penalty abatements, etc., we normally work on an hourly basis. Our blended hourly rate is currently $250. We are also open to negotiating flat fees for this work.
- For tax returns, including unfiled tax returns, our fee ranges from $250 to $500 for individual returns and $500 to $1,500 for business returns, depending on the amount of work involved. This is a per return fee.
For fixed-fee projects, we typically let clients pay the fee over several months, if needed.
For hourly projects, we typically request up to 50% of the estimated cost as an advance payment that we will then bill against monthly.
* Note: These are estimates. Our fees in any individual case may vary and our fees may change over time. If you become a client, the fee you pay will be the fee agreed to by the parties in the written engagement letter that is signed by both parties.