Fee Info (transparency)

Posted Friday, December 9, 2022

WCG prides itself in being transparent and having a simple fee structure. Most business services and tax preparation fees will fit into the fees described below. Sure, there’s always the outlier or the unusual situation, but the following information gives you an idea of our philosophy. Let’s not forget basic disorganization, advanced disorganization, disguised disorganization and misrepresented organization which can all increase your tax preparation fee.

We only have time on this earth to sell, and we cannot inventory it nor is it refundable. Therefore, our published fee ranges are an attempt to coincide with expected time spent. In addition, we try to maintain historical tax preparation fees for returning clients… but that is not synonymous with fees never increasing (sorry). Our amazing staff of accounting professionals is impacted by the increased cost of living just like anyone else.

Several times our fees decrease too! Yeah, shocking. In one year you sold a rental, had stock options requiring a bunch of history building and moved between states… crazy year! The following year, no rental, no stock options and your butt didn’t move. A bit more straightforward… less time, lower fee.

Most of our clients are primarily in California, Nevada, Colorado, Texas, the Midwest, Florida and New England, but we serve business owners in all 50 states including District of Columbia. Please click on each button below for more information.

We specialize in tax preparation for small business, LLCs, rental properties, foreign earned income exclusions, capital gains, asset dispositions, etc. Our starting fee is $800 for standalone individual tax returns (most are $800 to $1,000).

We can create an LLC, partnership or corporation typically for $425 plus the state filing fees. Includes Articles, EIN, Operating Agreement, S Corp election (if necessary) and consultation to help you launch your venture. Discounts for multi-tiered entity structures.

Our primary focus is business consultation, deduction optimization and tax return preparation. Our starting fee is $1,500 for partnership and corporate tax returns depending on the quality of your accounting records (most are $1,500 to $1,800).

We can have your entity taxed as an S corporation for $450. We also easily perform a late S Corp election back to Jan 1 2022 for $900 to $1,200. You can quickly save 8 to 10% on your net business income by reducing self-employment taxes! Yay!

Small business bookkeeping + analysis service is typically $250 to $550 per month depending on cadence. We can also add turn-key payroll services too ADP (but we do all the heavy lifting). Fractional Controller services too.

Our fee is $250 for 40 minutes. If we engage in the future we will credit the fee towards future Business Advisory or Tax Patrol Services. Get solid answers right away! If we don’t have the competency we will tell you that as well, and refund the consult fee. Low risk, high reward!

WCG offers a lot more than just a tax return. Tax returns are boring. Most CPAs are boring and are not forward-thinkers.

Tax planning strategies are commonly addressed in December as small business owners and other taxpayers start to freak out about bringing in the New Year. However, tax planning is an ongoing and fluid dynamic, and it should be performed methodically throughout the year. The uneasiness of not knowing your tax obligations is avoidable! Got a big fat raise (booyeah!)? Just sold a rental? Your spouse is going back to work?

Sure, we can slam things together on December 31, but that is operating in crisis mode. Rather, operating in planning mode throughout the year allows for better decisions and better tax savings.Tax planning is a valuable service that most tax professionals don’t readily offer… but WCG does! It is included in our Business Advisory and Tax Patrol Services, including standalone Tax Plans. Click the buttons below for more information. Riveting!

Let’s do some tax planning and see if you should spring for the new car, or stick with the lightly used one.

Jason Watson, CPA, CVA is trained by the American Institute of CPAs and the National Association of Certified Valuation Analysts (CVA) for Business Valuation. Jason has represented several buyers and sellers in business acquisitions, and has helped divorcing couples value a small business for divorce property settlements. When performing business consultation and business valuation services under engagement, his hourly fee is $350 with a retainer of $5,000 to $8,000 depending on the complexity of the case. Depositions and trial testimony are $450 per hour (possibly with an additional retainer).

We also have a short list of additional fees that might be incurred depending on your tax and accounting situation, and your level of readiness-

Wow! We really belabored the heck out of those hourly rates there at the end, didn’t we? All in the interest of fee transparency of a growing firm.

Also! Please keep in mind that we pride ourselves in not being the nickel and dime type of tax and accounting firm. Generally speaking, we can provide a fee range or a not to exceed ceiling on our services and fees. This is what we do… all day… every day… we have a pretty good handle on what it takes to complete a project.

Complete the form below to schedule a time with one our amazing tax consultants and business advisors. No, we don’t hound we with robo calls and other nonsense. We will respond by email. Swipe right or left… all up to you!