Question by Deanna C: what is the average cost for having a small business taxes prepared?
Small business 6 employees, L.L.C. wondering what the average cost of having my small business taxes prepared by a professional would be
Best answer:
Answer by tro
6 employees? you have someone in house do the payroll and all or is this part of what you need done?
how are you operating, a corp, a partnership or sole proprietor?
the corp is a 1120, the partnership is 1065 and the relevant state tax forms, sole proprietor is easiest, Sch C with a 1040
plan on plenty
What do you think? Answer below!
For a pretty basic return, it would start out at $ 400 on with an Enrolled agent. Start higher if a CPA (they get paid more for the credentials). Even higher with a Tax Attorney (they have atleast 2 credentials and heck they studied even harder to earn it).
Your actual costs could vary based on the business structure (Sole proprietor, partnership,C-corp, s-corp, LLC, LLP etc) .
Costs can also vary significantly based on whether you are located in the boondocks – and you find a less busy pro who really needs your business. Or in a big city where the pros have people lining up outside their doors.