Tax Advisory and Support Subscription

In addition to our tax preparation services, we offer comprehensive tax advisory and support throughout the year. These services can be purchased à la carte or can be purchased as a subscription. Our subscription will provide you with priority support from one of our CPAs. To sign up, complete this form and email it to info@reedaccounting.com.  These fees do not include our tax preparation fee and are subject to change.

Individual support

$100/Month
  • Audit protection
  • Quarterly review of estimated taxes
  • Tax Planning
  • Tax Questions and Research
  • Income verification letters
  • Document scanning
  • Extension estimation
  • W4 support
  • Tax return correspondence
  • Transcript request / online account support

Individual and K-1 support

$150/Month
  • Audit protection
  • Quarterly review of estimated taxes
  • Tax Planning
  • Tax Questions and Research
  • Income verification letters
  • Document scanning
  • Extension estimation
  • W4 support
  • Tax return correspondence
  • Transcript request / online account support
  • Property sale review and capital gain calculation

Individual and self-employment or rental support

$200/Month
  • Audit protection
  • Quarterly review of estimated taxes
  • Tax Planning
  • Tax Questions and Research
  • Income verification letters
  • Document scanning
  • Extension estimation
  • W4 and W9 support
  • Tax return correspondence
  • Transcript request / online account support
  • Property sale review and capital gain calculation
  • Annual 1099 Preparation
  • Annual Report Filing
  • Preparation of financial statements *bookkeeping charged separately*
  • Entity selection or dissolution
  • Sales Tax support

Individual and business support (1 business, S-Corp/Partnership)

$250/Month
  • Audit protection
  • Quarterly review of estimated taxes
  • Tax Planning
  • Tax Questions and Research
  • Income verification letters
  • Document scanning
  • Extension estimation
  • W4 and W9 support
  • Tax return correspondence
  • Transcript request / online account support
  • Property sale review and capital gain calculation
  • Annual 1099 Preparation
  • Annual Report Filing
  • Preparation of financial statements *bookkeeping charged separately*
  • Entity selection or dissolution
  • Sales Tax support

Individual and business support (2-5 businesses/rental properties)

$300/Month
  • Audit protection
  • Quarterly review of estimated taxes
  • Tax Planning
  • Tax Questions and Research
  • Income verification letters
  • Document scanning
  • Extension estimation
  • W4 and W9 support
  • Tax return correspondence
  • Transcript request / online account support
  • Property sale review and capital gain calculation
  • Annual 1099 Preparation
  • Annual Report Filing
  • Preparation of financial statements *bookkeeping charged separately*
  • Entity selection or dissolution
  • Sales Tax support

Individual and business support (6-10 businesses/rental properties)

$400/Month
  • Audit protection
  • Quarterly review of estimated taxes
  • Tax Planning
  • Tax Questions and Research
  • Income verification letters
  • Document scanning
  • Extension estimation
  • W4 and W9 support
  • Tax return correspondence
  • Transcript request / online account support
  • Property sale review and capital gain calculation
  • Annual 1099 Preparation
  • Annual Report Filing
  • Preparation of financial statements *bookkeeping charged separately*
  • Entity selection or dissolution
  • Sales Tax support

Individual and business support (11-15 businesses/rental properties)

$500/Month
  • Audit protection
  • Quarterly review of estimated taxes
  • Tax Planning
  • Tax Questions and Research
  • Income verification letters
  • Document scanning
  • Extension estimation
  • W4 and W9 support
  • Tax return correspondence
  • Transcript request / online account support
  • Property sale review and capital gain calculation
  • Annual 1099 Preparation
  • Annual Report Filing
  • Preparation of financial statements *bookkeeping charged separately*
  • Entity selection or dissolution
  • Sales Tax support

Individual and business support (16-20 businesses/rental properties)

$600/Month
  • Audit protection
  • Quarterly review of estimated taxes
  • Tax Planning
  • Tax Questions and Research
  • Income verification letters
  • Document scanning
  • Extension estimation
  • W4 and W9 support
  • Tax return correspondence
  • Transcript request / online account support
  • Property sale review and capital gain calculation
  • Annual 1099 Preparation
  • Annual Report Filing
  • Preparation of financial statements *bookkeeping charged separately*
  • Entity selection or dissolution
  • Sales Tax support

À La Carte Advisory and Support Service Fees

 

These fees do not include our tax preparation fee and are subject to change.

Audit Protection

$250/Year
  • Includes review of federal and/or state correspondence and response to respective government entity (related to tax filing). Hourly rates may apply if not selected when tax filing is completed. *Does not include field audit.*

Quarterly review of estimated taxes

$400/Year
  • Review income changes quarterly, adjust and provide quarterly estimated tax vouchers.

Tax Planning

$200/Hour
  • Includes consultation and/or email correspondence regarding current and future year tax planning. Can include consultation with client’s financial advisor.

Tax Questions and Research

$200/Hour
  • Includes consultation and/or email correspondence regarding tax questions or specific tax research.

Income Verification Letter

$50/Letter
  • Letter preparation if needed for income verification.

Document Scanning

$25/Return
  • If you are unable to upload documents to SmartVault, we will include a small fee for document scanning during tax season.

Extension Estimation

$100/Return
  • An estimate of tax due requested with your tax extension.

W4 and/or W9 Support

$50/Form
  • Assistance completing a W4 and/or W9.

Tax Return Correspondence

$200/Hour
  • A reasonable amount of correspondence, in order to complete your tax return, is included in the tax preparation fee. However, if there is an excessive need for correspondence and changes during tax preparation, an additional fee of $200/hour will be charged.

Transcript request / online account support

$200/Hour
  • Assistance requesting transcripts or navigating IRS account online.

Property sale review and capital gain calculation

$200/Hour
  • If you are selling a second home or rental property, we can assist with calculating the tax implications of any capital gain or loss.

Annual 1099 Preparation

$50/Form
  • If your business has paid a contractor more than $600 in a year, you will need to file a 1099 form during the month of January. We charge $50 for the first 1099, $15 for each additional 1099.

Annual Report Filing

$150/Year
  • Once set up as a registered agent for your business, we can file your corporate or LLC annual report with the Secretary of State. Our fee is in addition to fees charged by the SOS.

Expedite Fee

$50/Request
  • Request for expedited preparation.

Entity Selection or Dissolution

$250/Request
  • Assistance comparing entity types and setting up a new entity with the Secretary of State, creating an EIN and registering with Illinois. *Additional assistance may be required from an attorney depending on organization type.* If dissolving a company, we can also assist with required state and federal dissolution filings. Our fee is in addition to fees charged by the SOS.

Sales Tax Support

$100/Form
  • Completion of ST-1 filing with IDOR.