One of the most popular posts on this blog is here: Fees for Tax Representation In that post, I explain as thoroughly and honestly as possible what I charge to represent taxpayers before the IRS and/or State.
But, as you can see in the post below Five Different Interviews , many companies commonly charge north of $4000.00.
When should you pay more than $4000 for tax representation / resolution services?
I will briefly outline the kind of cases that warrant that kind of fee:
1. 941 tax liability on a very large and open business.
2. Corporate tax preparation 1120S or 1120 needs to be done in addition to representation..
3. Many complex tax returns - 1040's need to be done on top of representation/negotiation.
4. Estate/trust set up and/or tax preparation in addition to representation.
5. A very large balance case assigned to a Revenue Officer for someone with numerous business entities.
If you don't have one of the above cases, there is NO REASON you need to pay more than $4000 for tax representation or resolution. NO WAY. Watch out for companies that charge more than this. The fee is to pay a very generous commission, usually to a salesperson.
But, as you can see in the post below Five Different Interviews , many companies commonly charge north of $4000.00.
When should you pay more than $4000 for tax representation / resolution services?
I will briefly outline the kind of cases that warrant that kind of fee:
1. 941 tax liability on a very large and open business.
2. Corporate tax preparation 1120S or 1120 needs to be done in addition to representation..
3. Many complex tax returns - 1040's need to be done on top of representation/negotiation.
4. Estate/trust set up and/or tax preparation in addition to representation.
5. A very large balance case assigned to a Revenue Officer for someone with numerous business entities.
If you don't have one of the above cases, there is NO REASON you need to pay more than $4000 for tax representation or resolution. NO WAY. Watch out for companies that charge more than this. The fee is to pay a very generous commission, usually to a salesperson.
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