Comments on: How much should an accounting business charge in annual accounting/tax prep fees? http://FutureFirm.com/blog/how-much-should-an-accounting-business-charge-in-annual-accountingtax-prep-fees/ FutureFirm.com Fri, 10 Sep 2010 02:51:10 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: dazed&confused http://FutureFirm.com/blog/how-much-should-an-accounting-business-charge-in-annual-accountingtax-prep-fees/comment-page-1/#comment-378 dazed&confused Wed, 16 Sep 2009 11:20:29 +0000 http://FutureFirm.com/blog/how-much-should-an-accounting-business-charge-in-annual-accountingtax-prep-fees/#comment-378 I can only tell you about business management - taking in all of the money and paying all of the bills, in addition to doing all of the tax work. The percentage that I am going to give you also would include insurance services (taking care of the insurance needs of the clients, such as automobile insurance, insuring valuables, etc.) These firms do not sell insurance; they handle all of the insurance matters for the clients, including dealing with insurance companies, brokers and agents, etc. I know of firms that charge 5% of earned income - not net income. Some clients are also charged a minimum fee in addition to the five percent. Minimums can vary from $1500 per month and up (sometimes less for smaller clients who may not pay any minimum at all). I am not familiar with your particular situation, in terms of exactly the types of services that you provide. I can tell you that what I have described above is accurate. I hope that this helps. I can only tell you about business management – taking in all of the money and paying all of the bills, in addition to doing all of the tax work. The percentage that I am going to give you also would include insurance services (taking care of the insurance needs of the clients, such as automobile insurance, insuring valuables, etc.) These firms do not sell insurance; they handle all of the insurance matters for the clients, including dealing with insurance companies, brokers and agents, etc.

I know of firms that charge 5% of earned income – not net income. Some clients are also charged a minimum fee in addition to the five percent. Minimums can vary from $1500 per month and up (sometimes less for smaller clients who may not pay any minimum at all).

I am not familiar with your particular situation, in terms of exactly the types of services that you provide. I can tell you that what I have described above is accurate.

I hope that this helps.

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