BizcoTAX CPA Services & Fees: Transparent Pricing and Exceptional Value (+ Free $40 Referral Discount)
- Peter Nguyen
- May 6, 2024
- 5 min read
Updated: Feb 9
Rates Effective January 1, 2025
Welcome to BizcoTAX CPA! Our goal is to simplify and ease the tax preparation and accounting process for all our clients. We take pride in providing affordable pricing, transparent deadlines, and customized services throughout the entire process.
Key Takeaways
Discounts include a 15% military discount, 15% senior citizen discount, and $40 referral discount to reward new client referrals.
Individual income tax preparation starts at $250 for a standard Form 1040, with additional fees for more complex filings like Schedule C (business income) or Schedule E (rental income).
Business income tax preparation pricing starts at $1,100 for federal returns, with additional fees for shareholders or partners in entities like S Corporations or Partnerships.
QuickBooks setup and bookkeeping services are available, with pricing starting at $300 for initial setup and $200 per month for bookkeeping services for small businesses.
Payment terms are transparent, with upfront pricing and no work commencing until fees are agreed upon. Final copies and e-filing are released only after payment.
Table of contents:
BizcoTAX CPA Services: Fee Schedule and Structure (Effective January 1, 2025)
1. Why Choose BizcoTAX CPA?
We strive to deliver exceptional value and peace of mind through:
Reasonable Pricing: Competitive fees tailored to your specific needs.
Year-Round Support: We are here for you all year round, offering direct access to our team whenever you need assistance.
Customized Engagement: Choose how involved you want to be—hands-on or let us handle the details.
Whether you’re facing straightforward filings or complex financial situations, our expert CPAs are here to guide you every step of the way.
2. Exclusive Discounts
We are pleased to offer the following value-driven discounts:
15% Military Discount: For active duty, reserve, and retired military personnel.
15% Senior Citizen Discount: Available for clients aged 60 and above.
Referral Program: Refer a new client and both receive a $40 discount!
3. Comprehensive Individual Income Tax Preparation Pricing
Our individual income tax preparation includes 1 Federal tax return, 1 State tax return, and an optional 20-minute review meeting with a Certified Public Accountant (CPA). This personalized review provides valuable insights, helping you identify potential deductions and address concerns for optimal accuracy. Additional fees may apply based on the complexity of the return.
Note: All Returns Include Free Electronic Filing.
Type of Individual Income Tax Return | Starting Price |
|---|---|
Form 1040 with standard deduction + 1 State | $250 |
Form 1040 with itemized deductions (Schedule A) + 1 State | $310 |
Additional Forms & Schedules
Form/Schedule | Starting Price |
|---|---|
Schedule C (Business Income) | $150+ |
Schedule D (Capital Gains and Losses) and Form 8949 | $75+ |
Schedule E (Rental Income) | $150+ |
Schedule F (Farming) | $150+ |
Each additional State/City/Locality Tax Return | $150+ |
Form 1040X (Amendment) | $550+ |
Tip: Early tax filing helps avoid seasonal delays and accelerates refunds.
4. Comprehensive Business Income Tax Preparation Pricing
Our business income tax preparation includes 1 Federal tax return, 1 State tax return, and an optional 20-minute review meeting with a Certified Public Accountant (CPA). Additional fees may apply based on the complexity of the return.
Note: All Returns Include Free Electronic Filing.
Note: A $200 courtesy discount applies to inactive business returns.
Tax Return Pricing:
Type of Business Income Tax Return | Starting Price |
|---|---|
Form 1120, C Corporation Income Tax Return | $1,100 |
Form 1120-S, S Corporation Income Tax Return | $1,100 + $50/shareholder |
Form 1065, Partnership Income Tax Return | $1,100 + $50/partner |
Important Notes:
Bookkeeping Services: These fees do not include bookkeeping. Additional charges apply for services such as maintaining QuickBooks, importing bank transactions, preparing reconciliations, and organizing receipts/statements to prepare financial statements (Income Statement & Balance Sheet). These fees will be listed separately.
Affordable Options: We offer ways to minimize these costs. If needed, we provide in-house bookkeeping or can refer you to a qualified bookkeeper.
5. QuickBooks & Bookkeeping Services
QuickBooks can revolutionize your financial management. At BizcoTAX CPA, we ensure you unlock its full potential through expert setup and training tailored to your unique business needs. Our meticulous bookkeeping services keep your financial records well-maintained, providing clarity and insights that empower informed decision-making.
Service | Starting Price |
|---|---|
Initial File Set Up and 1 Hours Training | $300 |
Additional Training | $200 per hour |
Software – At cost (no markup) | At cost (no markup) |
Bookkeeping Services
We maintain books and records in our office, client received detailed reports. Bookkeeping services for small businesses start at $200 per month. Annual Review and Reconciliation start at $1,200+ Depend on transactions and complexity. Below is the break down of our fees.
Bookkeeping Service | Starting Price |
|---|---|
Small Bank Accounts | $65 / account / period |
Medium Bank Accounts | $200 / account / period |
Large Bank Accounts | We will provide you with an estimate |
Payroll Services
Managing payroll can be complex and time-consuming. We simplify the process, ensuring compliance and accuracy.
Payroll Service | Starting Price |
|---|---|
Payroll Setup | $250 |
Form 940 (Federal Unemployment) | $250 |
Form 941 (Employer’s Quarterly Return) | $250 |
Form W-3, Transmittal of Wage and Tax Statements | $75 |
Form W-2, Wage and Tax Statement | $25 / each |
Form 1096, Annual Summary and Transmittal of U.S. Information Returns | $75 |
Form 1099-NEC, Nonemployee Compensation | $25 / each |
6. Strategic New Business Setup Services
Starting a new venture? Lay a solid foundation for success with our expert guidance. We help you optimize your business structure for tax efficiency and compliance.
New Business Service | Starting Price |
|---|---|
Tax Identification Number | $150 |
Articles of Organization or Incorporation | $300 (State Fee Not Included) |
Form 2553, S-Corporation Election | $250 |
Entity Structuring | $250 - $550 |
Form 966, Corporate Dissolution or Liquidation | $550 |
7. Other CPA Services
Please see the list below:
Service | Starting Price |
|---|---|
Form 709, U.S. Gift (and Generation-Skipping Transfer) Tax Return | $300 |
Sales & Use Tax Tax Return Preparation | $250 per filing |
Professional Hourly Services
Our hourly services provide the flexibility to address specialized financial and tax concerns.
Service | Starting Price |
|---|---|
Certified Public Accountant (CPA) | $200 per hour |
Consultation | $200 per hour |
IRS Resolution & Audit Support | $200 per hour |
Federal or State Correspondence | $200 per hour |
Representation and Planning Expertise
Effective tax planning can dramatically enhance your financial outcomes.
Service | Starting Price |
|---|---|
Respond to a Letter/Notice | $200 + $200/hour over 2 hours |
Examination (Audit) Assistance | $400 + $200/hour over 2 hours |
Tax Planning & Strategy | $200/hour
|
8. Transparent Payment Terms
We value transparency in our pricing, which is why we offer a simple, straightforward fee structure that aligns with the time and resources required for each project. Our fees are based on the unique needs of each client and are determined only once we have all necessary documents and information for your tax preparation or accounting work.
Upfront Pricing: You will know the exact fee before any work begins. The fee is confirmed once we have all required documents, and no work will commence without your agreement.
Payment Due: The balance is due when the draft of your return is provided.
Note: Final copy and e-filing will not be provided until balance is paid.
🚀 Take the Next Step with BizcoTAX CPA
Transform your tax and accounting experience with our transparent pricing and expert services. Don’t let tax season catch you off guard—start early and maximize your savings.
Get in Touch Today:
Website: https://www.bizcotax.com
Phone: +1 (301) 917-7767
Email: info@bizcotax.com
Contact Page:
Read more blogs concerning tax tips and your business here.
Disclaimer: This post is to be used for educational/informational purposes only and does not constitute legal, business, or tax advice. Laws, regulations, and tax rates can change frequently and vary by location. Each person should consult his or her own attorney, CPA, business advisor, or tax advisor with respect to matters referenced in this post. We assume no liability for actions taken in reliance upon the information contained herein.
Peter Nguyen – CPA, EA, MAFM
Peter Nguyen is the co-founder and tax strategist at BizcoTAX CPA & Accounting Services, specializing in accounting, tax, audit, and business consulting. He also serves as a tax advisor for several CPA firms in the Washington DC, Maryland, and Virginia area.