Average Cost for Tax Preparation: How Much Should I Pay For My Tax Return?

When it comes to the tax return season, you don’t want to go it alone. After all, doing your tax returns yourself could lead to a number of challenges. You could discover that it’s too difficult to find all the tax deductions you’re entitled to. You could realize that you don’t really know how to fill out your taxes, which can make it more likely you’ll make a mistake. And once you make a mistake on your tax return, you can pretty much guarantee that the IRS will be knocking on your front door, ready to hand you an audit notice.

Don’t let your tax return lead to a host of challenges and anxieties. Instead, hire a professional tax preparer or accountant who can give you accurate tax preparation that’s less likely to get audited by the IRS.

Worried that the average cost for tax preparation will be too much for you to afford? Not to worry: here’s a quick list on how much you should pay for your tax return.

  • If you’re a business owner, you should expect that you’re going to pay much more for your tax return. Business taxes can be very complicated and involve a number of tax deductions. Additionally, the tax accountant will need to spend more time going over your company paperwork to determine what deductions you’re entitled to. Therefore, you should expect that you’ll pay more for this service.
  • If you’re just filing a personal tax return, you won’t have to pay as much as the business owner. However, that doesn’t mean that tax returns will be extremely cheap. You’ll want to hire a tax preparer who is affordable but who will also take the time to walk you through your deductions and your final tax refund. You’ll also want to work with a tax accountant who can provide you with an audit guarantee, which basically means that they’ll provide you with free services should you be served with an audit notice by the IRS.

When it comes to the average cost for tax preparation, remember that your tax service needs will influence the final price. The longer your accountant works on your tax return, the more you’ll have to pay. As most tax accountants can range from the $35 to $75 per hour range (depending on experience and specialties), the amount of work your tax return needs will determine how much you should pay for your tax return.

Tax Service Atlanta specializes in individual tax preparation and business tax return services to make sure you get the biggest refund possible or help minimize your tax bill. If your are located in the Atlanta area and you need assistance with your tax return call (404) 891-62110 for an appointment, or browse our website for more information on our tax preparation services.