CPA Rates for Small Business

by a searcher from University of Houston, Downtown

1 year ago

Hi All,

Looking for a CPA for my small business. Please share your opinion on the rates as I have no point of reference. I appreciate your help searchers and business owners.

My business turns around $3 million in gross sales annually with 250 transactions per month or so.

Bank Transaction Fee: $3.75 per transaction.
Payroll Transaction Fee: $4.75 per transaction.
Compiled Financial Statements: Minimum of $300 billed regardless of frequency (monthly, quarterly, or annually).
Petty Cash Receipt Transactions or Non-standard Transactions: $85 per hour.
Federal Tax Return: $1200.
Standard Rate for other services: $150 per hour.

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4 comments

professional from Philadelphia University

Happy to provide another quote if you are looking to prepare. Feel free to email me at --@----.com

1 year ago | like reply | 0 likes

searcher from University of Denver - Daniels College of Business

For a $3M revenue business you could spend anywhere from $4k/year to $60k/year. Bare bones would be DIY bookkeeping and once a year tax prep, or you could have outsourced bookkeeping, bill pay, invoicing, fractional CFO, and tax planning throughout the year. So it depends what you want.

Our firm does quality accounting and tax. We'd likely. be $###-###-#### /mo for bookkeeping, business taxes and personal taxes in a fixed monthly fee. Happy to chat. --@----.com

1 year ago | like reply | 1 like

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