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Updated over 1 year ago on . Most recent reply

User Stats

73
Posts
16
Votes
Joseph Rios
  • Investor
  • Paterson, NJ
16
Votes |
73
Posts

How much does your CPA typically charge you to file an LLC tax return?

Joseph Rios
  • Investor
  • Paterson, NJ
Posted

As of today we only own one property under the LLC, which we bought last year. We flipped a different property last year. For filing our 2022 tax return we were invoiced $3,750 by our CPA. He filed an extension for us earlier this year and I guess because he filed the return last minute (kinda our fault) we were charged extra. He also works for a large firm so I'm guessing that has something to do with the fee being so high. I wouldn't say he's an expert in Real Estate as we haven't really discussed that many strategies as I'm the one to usually ask questions and bring them up, but he does have experience filing business taxes as he has been doing it for many years.

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