No one likes price increases, but they are a fact of life. WCG takes fee increases very seriously, and only after a lot of reflection and analysis. So many crusty old CPA firms simply add $25 every year to the tax preparation fee… or 5%… or some other arbitrary number. While that seems to work for some, it does not sit well with us. Arbitrary numbers to an accounting firm??!!
And! We commonly hold fees steady for two years and sometimes three years because we understand the perception of annual increase as it relates to being arbitrary. In other words, we believe a fee increase is only warranted because of changes in economic conditions (or of course changes in your tax and accounting world) which move at glacial speeds.
Well, the time has come and WCG is increasing its tax preparation fees for 2021 tax returns (due in 2022) and business advisory fees for 2022.
A la Carte* | Vail | Telluride | Aspen | |
2024 Tax Planning and Preparation | ||||
Pro-Active Household Tax Planning, Tax Projection Worksheets [more] | $350 to $500 | Advanced | ||
Pro-Active Business Entity Tax Planning, PTET Calcs, SALT Workaround [more] | $500 to $750 | Add-On* | ||
Annual Tax Reduction, Shifting, Deferral Analysis [more] | $350 to $500 | |||
Small Business Tax Deductions, Optimization [more] | Included | |||
Section 199A QBI Deduction, Tax and Salary Optimization [more] | $300 | |||
Estimated Income Taxes (via increased payroll withholdings) [more] | Included | |||
Business Entity Tax Return (Form 1065, 1120, 1120S) [more] | $1,500 starting | |||
Individual Tax Return (Form 1040, joint filing), One Owner [more] | $800 starting | |||
Expat, Foreign Income Calcs (Form 2555, FBAR, Form 8938) [more] | $300 to $500 | Add-On | Add-On | Add-On |
Tax Resolution, Audit Defense [more] | Varies | As Req'd | As Req'd | As Req'd |
Financial Planning, Calculations, Discussions [more] | $900 to $2,500 | Add-On | Add-On | |
Situational Tax Law Research (up to 3 hours annually) | $750 to $1,000 | |||
Payroll and Accounting Services | ||||
Reasonable Shareholder Salary Calculation (RCReports) [more] | $500 | |||
Monthly Shareholder Payroll Processing (includes spouse, kids extra) [more] | $1,200 | |||
Employee Payroll Processing (bi-weekly, direct deposit) | Varies | Add-On | Add-On | Add-On |
Annual Payroll Processing (W-2s, other filings, up to ten 1099s) | Included | |||
Accounting Services (bookkeeping + analysis, see below) [more] | Varies | Add-On | Add-On | Add-On |
Quarterly QuickBooks Consulting (QuickStart Launch) [more] | $250, $750 | Add-On | Add-On | |
Business Advisory Services | ||||
Consultation | ||||
Business Consultation, Periodic Business Reviews (PBR) [more] | $250 to $1,000 | Annually | Routine | Routine |
Complimentary Quick Chats (CQC) | $250 to $500 | Routine | Routine | Routine |
CPA Concierge Services [more] | Varies | Add-On | Add-On | |
Interfacing with Lenders, Attorneys, Financial Planners | $750 | Routine | Routine | |
Financial Analysis | ||||
Fractional Controller (monitoring 3rd party bookkeeping) | Varies | Add-On | Add-On | Routine |
Quarterly Financial Statements Analysis, Comparisons | $1,200 | Add-On* | Add-On* | |
Annual Cash Flow Management, Analysis [more] | $1,500 to $2,500 | |||
Annual Budgeting, Forecasting, Goal Setting | $750 to $1,000 | |||
Annual First Research Reports, Industry-Focused Consulting [more] | $350 to $600 | |||
Annual National and Metro Economic Reports | $150 | |||
KPI Analysis, Benchmarking, Hot Sheets, Trend Analysis [more] | $500 to $1,500 | |||
Strategy and Maintenance | ||||
C-Level Financial Advice, Strategic Planning (Fractional CFO) | Varies | |||
Succession Planning, Ownership Changes Consultation | $750 to $1,000 | Routine | ||
Annual Business Valuation | $2,500 to $3,000 | |||
Annual Corporate Governance, Resolutions, Meetings | $150 + filing fee | Add-On | Add-On | |
Annual Fee* | $4,500 | $4,980 | Custom | |
Paid Monthly | $375 | $415 | Custom | |
(prorated based on onboarding date) |
A la Carte* | Keystone | Copper | Breck | |
Individual Tax Return Prep (Form 1040, joint filing) | $800 starting | |||
Business Entity Tax Return Prep (Form 1065, 1120, 1120S) | $1,500 starting | |||
Tax Planning, Tax Projection Worksheets [more] | $350 to $500 | Streamlined | Pro-Active* | Pro-Active* |
Estimated Tax Payments Calcs | Included | |||
Tax Resolution, Audit Defense [more] | NA | Add-On | Add-On | Add-On |
Complimentary Quick Chats (CQC) | $250 to $500 | Routine | Routine | Routine |
Annual Fee* | $1,500 | $2,400 | $3,360 | |
Paid Monthly | $125 | $200 | $280 | |
(prorated based on onboarding date) |