Cost
Firm Pricing
We are not a fixed-fee operation because a fixed fee incentivizes rushed work. The billing matrix below features cost estimates for the most common scenarios. We will occasionally take on some smaller or larger projects, especially if in the early years of business.
Outlier projects:
- New zero or little activity C-Corps
- Multiple year projects
- LLC or S-Corp owner with entity return prepared by G.CPA
- Minor ISO transactions with no liquidity
- Accounting catch-up
- Large liquidity events / transactions
- Included in all examples are year-end mini tax plans
Billing Philosophy:
- We work to provide value and bill accordingly. Trusting your CPA to bill appropriately is a key component of the client-CPA relationship
- We try our best to bill at or below fee estimates, but occasionally exceed estimates where more complex work is required
- By using estimates and variable billing, we intend to reduce conflicts of interest and achieve equitable outcomes for everyone
Gillingham CPA Pricing Matrix
Total Annual Billing Estimate: Tax return, Projection, and Ongoing Advisory
Individual
Business Owner
Standard
$1,750+
Sole-member LLC with light tax accounting support
Advanced
$3,000+
S-Corp & Individual return prep with light tax accounting support
Complex
$4,000+
Business owner + profit, sole-member LLC, requiring quarterly or yearly fully reconciled books
Stock Option-Heavy
Standard
$1,750+
Single, RSU and individual 250K + comp
Advanced
$3,000+
Married, RSU and individual 250K + comp, mix of other Investments – complication
Complex
$4,000+
Large liquidity events, heavy ISO planning
Important
The above are minimum estimates. Please note that our new client minimum in any case is $1,500. Fee ranges for household incomes in excess of $1Mil annually are typically $5,000 to $9,500 and should not expect fee adjustments. We are not a fixed fee firm, but, at times will discuss how to achieve target budgets or a not to exceed budget.
Entity
C-Corp
Standard
$1,750+
Pre-operating and seed stage, light tax accounting support
Advanced
$2,000+
Operating C-Corp with possible full yearly books reconciliation
Complex
$4,000+
Operating C-Corp with Qtrly books, employees
LLC
Standard
$1,750+
Basic 2-member LLC, general partnership, light tax accounting support
Advanced
$2,000+
Multi-member LLC tax work and K-1 issuance (2-10 members)
Complex
$4,000+
Multi-member LLC with reconciled books (>10 members)
Important
The above are minimum estimates. Please note that our new client minimum in any case is $1,500. Typical tax prep, projection, and advisory for individual returns and an S-Corporation are $4,000 to $7,000 without fixed fee accounting services. We are not a fixed fee firm, but, at times will discuss how to achieve target budgets or a not to exceed budget.
Annual or On Request Tax Projections
Individual
Standard
$1,500
Tax withholding calculations and RSU or low value ISO planning
Advanced
$2,000
Tax withholding calculations, high value ISO planning
Complex
$4,000
Major liquidity events or use of third party funds for exercises
Tiers of Services
We offer different levels of service depending on our client requirements. It is possible for the tiered scope and billing to change as needed.
Annual Accounting Work
Tax ready accounting with a CPA firm by your side. Tax ready bookkeeping and actionable monthly reports.
Specials and Hourly Billing Rates
Specials, Projections, and Other billing target estimates
$500 to $1,000 quarterly tax projection and advisory
$1,000 to $3,000 ISO exercise strategy, projection, and advisory
$500 Basic QuickBooks online training, 1-2 sessions, setup, and training
$500 Startup business entity tax advisory (LLC vs. S-corp vs. C-corp etc…)
Hourly Billing Rates
Owner CPA Rates:
General Tax and Cost Accounting
$225
Owner CPA Advisory:
General advisory (property, income deferment, disposition strategy), Entity tax strategy / formation, Equity compensation strategy, M&A, and similar concerns.
$360
Owner CPA Bookkeeping
$175
Staff rates
$75 to $180
Areas of expertise, supporting services, and services not performed
Small businesses (including solo consultants), equity compensation, seed stage startups, and high income households often with rental properties are areas we provide the most long term value for the fees. Tax efficient investing across various vehicles such as IRA, 401K, rentals, and other deferrals are welcomed projects. Business structuring for tax efficiency is another specialty that we often do as a part of any annual tax business engagement as warranted.
Household cash flow analysis, forecasting, estate planning, merger and acquisition, corrective foreign work, speciality tax credits, complex sales tax / VAT compliance, and anything we believe will be best served in conjunction with other service providers. In other cases there are legal, investment, insurance, lending, and structuring needs that we are happy to direct you to better resources.
It is important to note some areas that are outside of our expertise, such as: Non-resident tax returns or foreign tax return preparation, cross-border transactions, law / finance active partner recipients of K-1s / carried interest, transfer pricing, 501(c)(3) nonprofits, BOI disclosure, and trust / estate tax preparation. We can coordinate complex foreign tax disclosures if advisable with an attorney of counsel.