***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) | $150 (includes all numbered schedules) |
| Itemized Deductions (Sched A) | + $60 |
| Investment Income (Sched B) (interest and dividends) | + $25 |
| Sole Prop Business Income (Sched C) | + $170 |
| Capital Gains Income (Sched D) (8949) | + $30 |
| Rental Property Income (Sched E pg 1) (1 property) | + $110 |
| *** Additional Rental Properties *** | + $60 |
| Trust, Estate, Partnership income (Sched E, pg. 2) | + $80 |
| Education Credits (Form 8863) | + $25 |
| Schedule H (Domestic Employee (nanny)) | + $55 |
| State Returns (with a federal return*) | + $100 (each state) |
| Sale of Business or Capital Assets (4797) | + $55 |
| Installment Sales (form 6252) |
+ $165 (first year) |
| Change of Accounting Method (form 3115) | + $150 |
| Cancellation of Indebtedness (form 982) | + $85 |
| Foreign Tax Credit (> $600) (Form 1116) | + $55 |
| Each Partnership K-1 | + $25 |
| Business Use of Home (Long Form 8829) | + $50 |
| Foreign Earned Income Exclusion (Form 2555) | + $55 |
| 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 $150
**We do not provide representation services for tax returns we did not prepare
| 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) - $550 +$25/partner (+ $100 for state return)
Form 1120S (S-Corp) - $650 +$25/shareholder (+ $100 for state return)
Bookkeeping Fee - $360/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.
