Tax Preparation & Planning

Complex tax returns are billed on a hybrid method: the first hour is billed at the rate above with a cost reduction to $250 for each additional hour.

Examples of more complex tax returns include those with: 

1. Itemized Deductions
2. Multi-state returns
3. Rental properties
4. Buying or selling a business;
5. IRA or RMDs;
6. Self-employment income
7. Schedule K-1 income items.

All our returns come with our Audit Guarantee. If the IRS or State taxing authority sends a correction notice due to our error, we will represent you at no additional cost. 

Amending Returns Prepared by Us

No additional charge for amending returns due to our error. 

We charge the standard $250 per hour rate to prepare amended returns for which the error or change is not due to Foothills Accountants.

Amending Returns Prepared Elsewhere

We charge the standard $250 per hour rate to prepare amended returns for which we did not prepare the original return.

Note: All amended returns prepared by us have our Audit Guarantee.

Responding for Returns Prepared by Us

No additional charge for responding to tax authorities for returns prepared by us.

Responding for Returns Prepared Elsewhere

We charge the standard $250 per hour rate for returns that we did not prepare in order to correspond with the tax authorities on your behalf (Federal, State, Local). 

Note: we may ask for a Power of Attorney (POA - Form 2848) in order to discuss your matters with the tax authority.