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Updated over 6 years ago on . Most recent reply

User Stats

453
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Ken Nyczaj
  • Investor
  • Grasonville, MD
415
Votes |
453
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Yearly costs for CPA's

Ken Nyczaj
  • Investor
  • Grasonville, MD
Posted

My team and I just met with a CPA firm and were quoted $280/ month for year 2019. This is to handle our salary, distribution, and monthly books. We have elected to be taxed as an S-Corp.

Just curious if this is reasonable or not. I've looked at some other posts on here from years back and have seen many at $150/ month. Maybe it's because I'm in Maryland near Annapolis and everything is expensive in this area.

Thank you

  • Ken Nyczaj
  • Most Popular Reply

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    Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
    • Accountant
    • Atlanta, GA
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    Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
    • Accountant
    • Atlanta, GA
    Replied

    @Natalie Kolodij ""Bookkeepers" who work for $20-50 an hour are retired ladies who are self taught on quickbooks and don't know actual accounting."

    That's a bit of a generalization don't you think?  I'm sure some are retired men.  :)

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