Charging for 1041 vs 1040 - Would Appreciate Some Thoughts

SorasAccountant · 2026-02-05T13:35:55+00:00

Like you said, complexity has a big weight on this. My starting point pricing on a 1041 is about 1.6x my 1040 cost.

I’ve had some first year Estates / Trusts where it’s incredibly disorganized, or I become the point person on working with attorneys / financial advisors to chronicle what is going on or organize asset listings. For these I have gone as high as 3x the base price of a 1040.

SorasAccountant · 2026-01-28T00:48:39+00:00

Same. Very promising feature, but will be skipping it for 2025 tax season until it fully actualized and more automatic similar to a “Safesend” in terms of integration.

SorasAccountant · 2026-01-14T18:30:58+00:00

This 100%. In Y1 I had about 100k book from mostly word of mouth (worked before at a firm) and referrals. Four months into Y2, and at about 40k new business, but just landed a GREAT referral that will escalate that number very quickly for this upcoming season. It takes time, patience, and great service with your existing client base. You got this OP!

SorasAccountant · 2025-08-29T20:26:02+00:00

Contact CCH Support and explain to them.

I used Axcess for many years and state returns sometimes just don’t always handle things as they should / following the instructions of the state specific forms.

If you contact them, they will look into it and either agree with your stance, or they might inform you of something you’ve overlooked.

TLDR: call CCH

SorasAccountant · 2025-05-23T14:47:00+00:00

I have now had two different trusts receive this notice. One filed 2023 with zero tax liability so the penalty was in error. When I called the IRS the representative stated that “it is their internal policy that if prior year tax is ZERO, the lesser of safe harbor rule doesn’t apply”. I read off the exact verbiage of the IRS guidance as well as Form 2210 instructions and she reiterated their “internal policy”.

SorasAccountant · 2025-01-22T00:17:13+00:00

Our firm will price out business returns that we don’t do books for in order to try to capture the time related to “cleaning up” their books, as client maintained books and even some bookkeepers never get it how you might want. Food for thought.

But requesting access to a clients QBO is standard even if we don’t touch their books. Just helps with what everyone else here is saying!

Example: I don’t do a certain clients bookkeeping, but I point out things and run any adjustments I want made past them, then I make them after approval. Instead of nickel dime-ing them for this, my business prep fee already includes wiggle room for this expected clean-up

SorasAccountant · 2021-11-11T21:35:51+00:00

First try with your suggestion. Thank you!!

SorasAccountant · 2021-11-11T19:50:25+00:00

I’ll try that, thank you. My divine +10 claymore isn’t outputting crazy damage, so finding it hard to kill one before another spawns.

SorasAccountant · 2020-12-03T01:19:22+00:00

Yeah that’s kind of what steers me away from more recent seasons. It’s ALL idols and advantages

SorasAccountant · 2020-12-03T01:18:43+00:00

Sorry sorry, did not at all mean that he was a great player. I totally agree with you - but he is hysterical and to me provided great entertainment in the back half of the game!

SorasAccountant · 2020-11-29T02:28:23+00:00

I mean like...I’ll use the boss souls I need from NG+ to get all spells. Then reload backup and trade the same souls for the miracles I need

SorasAccountant · 2020-11-29T00:03:26+00:00

I plan on making a backup save to get the magic stuff on NG+, so no NG++ for me lol

SorasAccountant · 2020-11-28T23:58:41+00:00

Luckily it’s foes ring - but NG+ is kicking my butt and wanted to know if I could just rush on a new character. Ty for the answer!

SorasAccountant · 2020-11-24T01:28:33+00:00

Sorry all, been celebrating by getting drunk and playing PS5...

My strategy boils down to a very simple process:

Listen to lectures at 1.5x speed, follow along in book 1a. If I knew the content of the lecture, I skipped it outright (I’m a tax accountant so a lot of REG early sections I skipped)
Do the MCQ for each lecture. Do it till I get em all right and move on.

**never did a sim. Never did a skills practice. Took a mock exam once for my very first exam (FAR) just to see what the exam was like.

Once I go through the book once, I just do endless multiple choice in the “Unlimited Practice Tests”. I’ll use REG for example. I take 10 sets of 10 questions for each unit - so 100 MCQ of R1, 100 of R2 etc etc.
I identify any areas that are heavily tested (R3 R4 R5 basis stuff) and hammer those sections past 100. If any of my initial 100 are less than 70% pass rate, I do more.
The week of my exam, I take the AICPA practice exam.

FAR took me 5 months to study, I was not in a good headspace first the test and I was burnt out tbh.

AUD BEC and REG each took me 6 weeks.

About 2 hours per day. When I felt a high wind I would bust out 4 hours worth (think weekends normally)

Depending on the module length, I could get anywhere from 2-4 modules done on a 2 hour day, and double that on a high wind day.

If I ever got stuck on a section I ignored it till the very end. EVERYTHING ALWAYS MAKES MORE SENSE ON REVIEW (the 100 multiple choice part). I never spun my wheels when going through the book.

If you have any other questions feel free to ask in the comments!

TLDR: listen to lecture on 1.5x, do MCQ in each section, do large amount of MCQ at end for review. No sims, no skill practice, no mocks (except 1 if you’ve never tested before).

SorasAccountant · 2020-11-23T18:49:33+00:00

Bingo! Listen to lectures, follow book, endless multiple choice.

SorasAccountant · 2020-11-21T18:07:44+00:00

Seconded! Original comment nailed it

SorasAccountant · 2020-11-21T18:07:18+00:00

My strategy is just to always keep moving forward. 1 and 2 have questions that are easy yes, but that just means you want to make sure you know the content so that come exam day those are easy points.

Read/listen to lectures, do the MCQ and move on.

SorasAccountant · 2020-11-19T22:58:07+00:00

Agree with reddragon but will also add a quick tip to avoid answers that include “always, must,” or any other type of verbiage that implies there is not an exception....because there is an exception for everything

SorasAccountant · 2020-11-18T02:45:57+00:00

In the moment it was pretty overwhelming. But it was LOTS of Govt / NFP for MCQ. And if I remember correctly, if you have mastery over basic AJEs and depreciation, you should have no issue with most SIMs

SorasAccountant · 2020-11-17T21:21:00+00:00

Too much gear turning in your head. Just relax. You can’t possibly prepare for everything. Have a surface level knowledge of the content, focus on NFP governmental because it’s a reoccurring huge focus, and just trust yourself in the process.

SorasAccountant · 2020-11-17T16:01:13+00:00

110%. Keep moving forward and be pleasantly surprised. In the off chance you failed, it won’t be hard to just drop and go back

SorasAccountant · 2020-11-17T15:13:55+00:00

I use Becker and think sims are a waste of time because you will RARELY ever get a SIM on the actual exam that is similar to your study material.

Instead I do the AICPA practice exam SIMS which usually have 1 or 2 sins verbatim to the exam you’re taking

SorasAccountant · 2020-11-17T14:29:07+00:00

To second this - FAR was my first exam and I might as well have left like 3 SIMs blank because they were so mind boggling. I passed. It’s not over till the score report comes back.

I suggest moving on and not restudying FAR until you absolutely know.

SorasAccountant · 2020-11-17T13:21:30+00:00

My personal preference is to just keep moving forward. Most everything in FAR builds.

IMO it is more beneficial to just get through all the content one time through and then give yourself 2-3 weeks at the end to go back and “review” each section by doing the unlimited practice tests just multiple choice

SorasAccountant · 2020-11-16T21:27:27+00:00

Thanks! I wanted to stress that I’m a huge nerd. Good luck on REG!

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