How Can You Decrease the Dilemma of Setting Your Tax Preparation Fees?
We often hear from tax professionals that setting fees for your clients is a very complicated and difficult task. Whether your practice uses hourly pricing, value pricing or some mixture of the two, it’s often hard to set your own fees without knowing what others in the profession charge for similar services. We’ve heard from you that you use word of mouth from other accountants, industry research, input from clients, and even some trial and error in an effort to set your fees in a way that works for you and your clients.
Intuit® ProConnect™ has a new tool that gives you more information to help you set your fees quickly and easily. Using data from the National Association of Tax Professionals, we’ve put together a tax fee wizard to help you skip the guesswork. Answer just three questions, and you’ll find out what peers with similar designations and experience are charging for their tax services so that you can make better decisions about your own fees.
We hope this new tool helps saves you time and gives you more confidence in the fees you set for your services. If you have feedback about the tool, please leave us a comment below!
Editor’s note: This article first appeared on the Intuit® ProConnect™ Tax Pro Center.