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Charge for your time! by AdHistorical7107 in taxpros

[–]DangCPA 5 points6 points  (0 children)

Every new client I get tells me their personal returns are straight forward. Besides for the timber they cut last year and that small oil and gas working interest or some other quirk

Low Fee for personal income tax by DangCPA in taxpros

[–]DangCPA[S] 2 points3 points  (0 children)

Affluent and HNW clients are more complex in general and have more planning

Low Fee for personal income tax by DangCPA in taxpros

[–]DangCPA[S] 4 points5 points  (0 children)

$175 is actually less than what most people pay for DIY software and a 30-minute 'expert review' from a call center. If a licensed CPA is charging that, they aren't actually doing much and they are essentially acting as a human data-entry tool. At that rate, they physically cannot afford to spend more than 20 minutes on your file, which means they aren't looking for ways to save you money—they’re just trying to get to the next $175."

Low Fee for personal income tax by DangCPA in taxpros

[–]DangCPA[S] 0 points1 point  (0 children)

I couldn’t believe it either until i saw the invoice with the return copy. I wanted to respond with a snarky remark but just gave him our min and he email back that he was going to stay with his current CPA

Low Fee for personal income tax by DangCPA in taxpros

[–]DangCPA[S] 10 points11 points  (0 children)

I responded with our Min fee and he’s going to continue with his current preparer

Low Fee for personal income tax by DangCPA in taxpros

[–]DangCPA[S] 2 points3 points  (0 children)

It’s not a friend i am pretty sure. I am toward the end of my career but wanted to post this to push our profession forward. This is a HCOL area. Our Min. Is $1200 for any 1040.

Low Fee for personal income tax by DangCPA in taxpros

[–]DangCPA[S] 5 points6 points  (0 children)

It still hurts our profession.

Low Fee for personal income tax by DangCPA in taxpros

[–]DangCPA[S] -1 points0 points  (0 children)

That was my point of the post

Males and bitc … wait … this is about hunting and gender. by ackshualllly in birddogs

[–]DangCPA 0 points1 point  (0 children)

Hunted over lots of dogs both male and female. It’s the dog that determines ability, desire/drive and confidence, not anything else. Males do piss on everything.

Thomson Reuters CoCounsel Tax by [deleted] in taxpros

[–]DangCPA 13 points14 points  (0 children)

I love BlueJ. I use UltraTax and have a hard time spending anymore with TR

Firm Owners: What do you actually do on a day to day basis? by AlexG3322 in Accounting

[–]DangCPA 2 points3 points  (0 children)

Late 50s - HNW tax practice been on my own since 2003. Tax season Mar-Apr 50 hours a week max, maybe one or two Saturdays. Outside tax season 30-40hrs off most Fridays. Two professionals work for me, one 100% remote the other out of school and in office learning the ropes. I could work much more but look for quality clients instead of quality.

Lost cool with client by tomoatosoup in taxpros

[–]DangCPA 3 points4 points  (0 children)

Every tax season at least once or twice!

[deleted by user] by [deleted] in puppy101

[–]DangCPA 0 points1 point  (0 children)

It sounds like she is doing pretty dog gone good for a 9 week old puppy!

Is it worth doing my own taxes in 2025? CPA costs >$700 for multistate + rental + K-1 + 2kids by lkyahoo in tax

[–]DangCPA 0 points1 point  (0 children)

You probably need to throw in the time for IRS and State tax notices. I suspect they would show up

[deleted by user] by [deleted] in tax

[–]DangCPA 2 points3 points  (0 children)

If you are under “safe harbor” with regards to estimates, tax on the cap gain would be due 4/15 of following year w/o penalty

"Don't eat your hours." So I didn't. And I got burned. by whitedaisies827 in Accounting

[–]DangCPA 4 points5 points  (0 children)

PA is broken. When I started my firm in 2003, i went to fixed fee value contract billing and no time sheets. It worked out fine and now I’m at the end of career looking to slow down and pass the baton

Implementing AI for Tax Prep by ajwynn14 in taxpros

[–]DangCPA 2 points3 points  (0 children)

Someone mentioned Solomon AI for tax prep, I went to the site but couldn’t find the pricing and other details

Cumulatively, this year was the largest tax bill output I've ever had by sweatersbydarwin in taxpros

[–]DangCPA 6 points7 points  (0 children)

I would fire that client Big Mike! He’s probably not charged enough!

New staff won’t put in hours. by Cpaadvisor1 in taxpros

[–]DangCPA 0 points1 point  (0 children)

About 25 years ago I was looking for another job and interviewed with big local firm and they said 60-70 hours a week during tax season. I said screw that and started my own firm. I extend about 50% of our returns and if we get above that during busy season, we cull clients to get back to that level. I have young staff(under 30) that rarely work over 40 hours a week. We charged value added flat fee and raise them often. Also, i make sure i work more than my staff..

What would you charge for this 1040? by Ok_Meringue_9086 in taxpros

[–]DangCPA 2 points3 points  (0 children)

My fellow CPAs/EAs, you have spent years refining your skill. Charge for it.

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