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Average Cost for Tax Prep

Originally Posted by JARblue That seems outrageous to me. And my ex was a CPA and got certified with the IRS as a paid tax preparer for a side business

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Old 05-28-2020, 08:35 AM   #9 (permalink)
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Originally Posted by JARblue View Post
That seems outrageous to me. And my ex was a CPA and got certified with the IRS as a paid tax preparer for a side business where she filed taxes for personal friends and acquaintances. I know what goes into them even when a business is involved - it's not rocket science. Typically she charged $75-150 for a tax return and spent maybe an hour or two on the entire process.

Currently, my accountant bills $300 for my taxes, although they never charge me. I perform basic IT services for them in exchange.
I can't recall 100%, but I vaguely remember signing something with her basically saying we will pay her what she charges at the end of her services. Or maybe I just made that up in my head. Either way, I definitely ****** up, but I think it's partly because I was expecting to pay up to $300...not $950. That being said, if I really did sign something like that, she could technically charge me $10k - what's to stop her? There's has to be some sort of reasonable amount for this. I really rather settle with her and pay no more than $500 to get out of this mess with her...that's best case. I rather not take legal action because that would probably just end up financially worse for me. Is there any other way to get out of this?
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