***Active Duty, Reserve, and Retired Military Personnel take an Additional 20% Off Individual Returns***
PIM Tax values your service to the United States.

 

 BASIC FEE (form 1040 and 1040SR)  $125 (includes all numbered schedules)
 Itemized Deductions (Sched A)  + $50
 Investment Income (Sched B) (interest and dividends)  + $15
 Sole Prop Business Income (Sched C)  + $125
 Capital Gains Income (Sched D)  + $50
 Rental Property Income (Sched E pg 1) (1 property)  + $90
 Additional Rental Properties  + $50
 Trust, Estate, Partnership income (Sched E, pg. 2)  + $50
 Education Credits (Form 8863)  + $25
 Schedule H (Domestic Employee (nanny))  + $25
 State Returns (with a federal return*)  + $50 (each state)
 Sale of Business or Capital Assets (4797 and 8949)  + $20
 Installment Sales (form 6252)

 + $125 first year

 Change of Accounting Method (form 3115)  + $150
 Cancellation of Indebtedness (form 982)  + $50
 Foreign Tax Credit (> $600) (Form 1116)  + $25
 Each Publicly Traded Partnership K-1  + $20
 Business Use of Home (Long Form 8829)  + $25
 Foreign Earned Income Exclusion (Form 2555)  + $40
 Representation and Planning Services:
 Respond to a letter/notice**  $400 + $250/hour over 2 hours
 Examination (Audit) Assistance **  $600 + $250/hour over 3 hours
 Tax Planning & Strategy  $250/hour

 *State returns without a federal return are $100

**We do not provide representation services for tax returns we did not prepare


Tax Fees for Common Scenarios

 Calculating the fee for Itemized Deductions and Education Credits: 


  Calculating the Tax Preparation Fee for Rental Properties


 Calculating the Tax Preparation Fees for a Home / Side Business 


Forms We Don't Charge Extra For
 Schedule EIC
 Child Tax Credit
Recovery Rebate Credits
Child and Dependent Care Credits
Self Employment Taxes
Alternative Minimum Tax
Depreciation of Business Property
Health Insurance / ACA Forms
Social Security Forms
Residential Energy Credits
IRA Contributions

 

 

If you have a question call (757) 357-1110

 


 

Business Returns:

Form 1065 (partnership) - $500 +$25/partner (+ $100 for state return)

Form 1120S (S-Corp) - $600 +$25/shareholder (+ $100 for state return)

 


 

Bookkeeping Fee - $250/hour (15 min increments)

Bookkeeping fees are charged when your invoices, receipts, notes, etc. need to be sorted and totaled before tax preparation can begin.

Bookkeeping fees are never a surprise. Clients will always be notified when bookkeeping fees will be added prior to the start of tax preparation services.

Cash, Checks, Credit, and Debit Cards are Accepted for Payment
We do not offer the option to have tax prep fees withheld from your refund.