How Much Do You Charge to Prepare a Simple Tax Return?
Is There a Hidden Message in this Question?
Penny Wise and Dollar Foolish Thoughts
With each passing week as the April 15 due date approaches, the number of callers whose first question is “How much do you charge to prepare a simple tax return?” exponentially increases. To a seasoned tax professional, the hidden message in this question is that the caller is a price shopper and cares nothing about the experience and expertise of the person entrusted to prepare their tax return. While the cost to prepare a tax return is very important, the benefits of working with an experienced tax professional are much more important.
A former client recently called us to consult with us about a $10,000 IRS tax assessment and a $2,000 penalty that had been imposed on his self-prepared tax return. When we asked this former client why he stopped using us, he said that he thought that he would save the $400 fee and [Read more…] about How Much Do You Charge to Prepare a Simple Tax Return?