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05/24/2012 at 04:51PM PDT
Important Announcement! A planned system-wide upgrade will take place over the Memorial Day Weekend in the US (From Thurs, May 24, 2012 at 6 pm PDT thru Tues, May 29, 2012 at 5 am PDT). This includes QuickBooks, QuickBooks Payroll, Point of Sale, & Salesforce.com. This is only for US based products. This does not affect QuickBooks Online customers! During this time, you can shop, but can’t place orders online, activate products or update account info. We apologize for the inconvenience & thank you for patience while we improve our infrastructure to better serve you. International versions are unaffected. For more info, see our community discussion.
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StanDuda
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StanDuda
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01/17/09 5:58am PST
Viewed by asker 01/24/10 6:44pm PST

BILLING - Does anybody mind sharing their "per form" rates?

Billing - does anybody mind sharing their "per form" rates?

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01/17/09 6:38am PST

I charge all-inclusive rate. Of course I'm not sure what kind of clients you have though. My RAL rate is 160.00

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01/17/09 7:20am PST

I changed over from the per form rates a few years ago. Now charging more of a flat rate based on difficulty and time. Depending alot on location I guess, for your rates. My average indiv is 200 - 300 plus 50 extra for a bank products

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01/17/09 7:26am PST

I have always based my return charges on my hourly rate, assuming that I am efficient and my employees are efficient. I also tell clients what the fee will be, assuming no radical changes from year to year.

One year I used the charge per form calculator built in to PS, and the calculated charges were very similar to my hourly charges. It all depends upon the region of the country and what the market will bear. Someone recently posted the forms charges from a local storefront shop, but I cannot find it again.

My typical fees range from $200-$350, with some long-time clients still at $150 or less. Even a $150 client is a good client if I spend 1 hour or less preparing and completing the return. And by the way, you will ALWAYS find someone who will charge less than you, no matter how little you charge.

That being said, my average for 315 1040s is $263.

If you use Pro Series Basic I might not be able to help you. If you use Turbo Tax I might refuse to help you. All others, watch out! ;-)
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At one time, I was able to secure a per form price list from the two major top Tax Preparation Franchises..  (it helps to know someone who works there) Then I adjusted my form price when I felt that theirs were too small or too large.  My prices are usually higher than these "franchise" companies, but my clients get what they pay for.  A new Franchise opened up in our small, but growing city for 2007 tax year, and I ended up re-doing many returns prepared by them.  One client went in with a simple return with Sch. A, B, Childcare, Tuition Credit and Form 2106.  The preparer told the client that this was just 'over her head" and she could not prepare the return.  I have a Home-based, but very professional business, with a separate entry, with several employees.   I have many clients who I have secured by them calling saying that they have had their returns prepared by a 'franchise' but don't feel that it is correct.  I offer to look over their return at no charge and if I find where I can save them money, will charge my regular rates to re-do the return.  I don't think I've ever lost a client who was unhappy with my work, as I try to go the extra mile for them.  If they move out of state or out of the country, they continue to use me.

Back to your question, just go through the forms and price each according to what you think it is worth to you timewise.  Also add an additional charge for extra entries on that form.  To me, it works out better than by charging on a hourly basis.  Then when the billing is computed, if you feel that it is too low, override it and bill accordingly.  I've never had a client complain about my prices either.

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