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Updated over 1 year ago,

User Stats

125
Posts
124
Votes
Dominick Johnson
  • Rental Property Investor
  • St. Louis, MO
124
Votes |
125
Posts

How much do you pay in financial advising and accounting services?

Dominick Johnson
  • Rental Property Investor
  • St. Louis, MO
Posted

Hello BP,

It is time for me to renew my contract with our tax strategist/financial advisor. We are upgrading our services to have them take over our accounting and book keeping as well. We are happy with their services and they helped us implement a lot of strategies to lower our taxable income and claim deductions. However, their fees seem high, so I’m curious what others are paying for these services. Their total fee for all financial advising and accounting services is $14,367 for the year. They paid for themselves last year by getting us a refund of $16k through an amended 2021 return that our current accountant did. 
I’m trying to decide if I should add their accounting services for that price or start looking for a new accountant again, which isn’t a fun process. Thanks. 

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