Fee Info (transparency)
Posted January 22, 2020
WCG (formerly Watson CPA Group) 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 fees are an attempt to coincide with expected time spent. In addition, we try to maintain historical tax preparation fees for returning clients. Remember this when you ask for your next annual raise or contract rate- we’re no different.
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. Typical fee range is $500 to $700 (includes Aug and Nov tune-ups) for standalone individual tax returns.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. Typical fee range is $800 to $1,200 (includes Aug and Nov tune-ups) for partnership and corporate tax returns depending on the quality of your accounting records.We can have your entity taxed as an S corporation for $300. We also easily elect late S Corp elections back to Jan 1 2019 for $375. You can quickly save 8 to 10% on your net business income by reducing self-employment taxes! Yay!Fractional Controller and monthly small business bookkeeping service is typically $300 to $600 per month. Turn-key payroll up to 10 employees paid bi-weekly with direct deposit is $160 per month.Our fee is $150 for 40 minutes. If we engage in the future we will credit the $150 towards future 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!
August and November Financial Tune-Ups
For those clients who have a tax-only engagement with us, we offer a lot more than just a tax return. Tax returns are boring. Tax planning including projections and end of year tax moves is way more valuable to you than 100 pages of gobbly-goo in some dust-catching PDF aimed at IRS compliance. Wow, that is a long sentence… anyways, in August we offer a tax planning tune-up and later on in November we offer an end of year tax consultation. These are complimentary consultations. Sure, you’re paying for it in some fashion with your tax preparation fees above but then again, this is a valuable service that most tax professionals don’t offer. Click the buttons below for more information. Riveting!
Business Advisory Service Plans
WCG specializes in small businesses who generally have fewer than 100 employees. Why? We want to help people, and more importantly we want to help the business owner directly. Frankly speaking, once a business gets to a certain size management layers get in the way of owner access. Access allows us to ensure the owner(s) are leveraging the most out of their business for themselves and their families.
Because small business is a core competency for us, we have created business advisory service plans which include these really cool things-