|
|
| Fees, Compensation & Required Disclosures |
-
Compensation
- Fee only
- $100 per hour for all professional services, billed by the quarter hour.
- Includes meetings, telephone conversation, reading and responding to physical or electronic correspondence, accounting tasks, research, and preparation of plans and tax filings. Chit-chat excluded & 3-minute grace time!
- Fee & commission based - a fee-only compensation arrangement, fee and commission-based compensation is an available option for those who would prefer I take a more active role in managing some assets.
- Pre-paid Planning & Tax Package: ongoing financial planning advice and tax preparation, payable in equal monthly installments, is available.
- Use services in blocks or as needed throughout the year
- Monthly payment is computed based on your anticipated needs and you will be billed for additional hours or credited unused hours at the end of the contract period. For example:
- Basic Return + 15 min/month average of any services - $40/month
- Moderately Complex Return + 30 min/ month average of any services - $95/month
- Hourly rate increases will not become effective until the subsequent contract.
-
Tax Considerations
- Your tax return will be prepared in the United States so that US privacy laws are respected.
- I do not offer refund anticipation loans - they are much more expensive than credit card interest.
- In good financial planning you generally do not depend on credit.
- Returns are electronically filed for quick refunds (if refund is due) and the IRS deposits quickly & directly to your account.
- For more information on Tax Considerations, click here.
-
How You May Pay
- I accept cash, checks or money orders.
- Payment is due at the time of service
- If you chose to pay for services on a retainer basis, you will be billed monthly. A 5% discount is offered if you use automatic billing on a pre-paid basis
-
Written Notice of Records Retention Required. Section 5097. California Accountancy Act
- I will maintain your records for a minimum of seven year but may keep it longer as required by federal, state or California Accountancy rules and regulations. This may include keeping copies should you decide to take your business to another accountant.
- I will keep, as long as needed, all records that are necessary to compute future tax liabilities or serve as a reference for future projections of income and expense for financial planning purposes
- Between the seventh and eighth years I will destroy records that are no longer needed.
|
|
