Rates for Income Tax Preparation
The following fees are estimates only. The actual fees charged depend on time spent and the complexity of the job.
"Basic" return means a tax return with no business or rental income, no capital gains or losses, and a maximum of five or six tax slips.
Prices are in U.S. dollars for U.S. residents, Canadian dollars for Canadian residents. GST Tax of 5% is added to all fees. Out-of-town clients pay the cost of shipping documents to and from our office in Victoria. Senior/student discount: 10%.
Sample rates
- Basic U.S. 1040, U.S. State, or Canadian T1 return:
$105.00 - Consulting Fees:
Minimum $500.00, payable in advance - Canada/Québec tax package with basic returns:
$210.00 - Basic U.S. 1040, married filing joint return:
$165.00 - Self-Employed return (one business statement):
$210.00 - Rental income return (one rental statement):
$210.00 - T2 Corporate return, financial statements completed and provided by client:
$700.00 - S Corporation or C Corporation, federal return with one state, financial statements complete and provided by client:
$900.00 - GST return:
$210.00 - Section 216 Election return (one rental statement):
$210.00 - Form T2062/T2062A preparation, requests by Canadian non-residents for a "Certificate of Compliance" from Canada Revenue Agency when disposing of Canadian real estate:
$500.00 - Form TP-1097-V/TP-1102.1-V preparation, requests by Canadian non-residents for a "Certificate of Compliance" from Ministère du Revenu du Québec when disposing of Canadian real estate located in Québec:
$250.00 - Prior-year tax return adjustment, correcting for additional tax slips:
$105.00 - U.S. Gambling Tax Recovery, Form W-7 and 1040NR:
$300.00 - Six year tax return package for U.S. citizens resident in Canada, catching up on their U.S. tax filings:
$600.00 - $900.00, depending on type of returns - Cross-border job, U.S./Canada with basic returns and one state:
$500.00 - Cross-border job, U.S./Canada with basic returns and Canadian part-year residency:
$700.00 - Cross-border job, U.S./Canada with rental or self-employment income:
$1,000.00