Payment is due at the time services are rendered. We do not deduct the tax preparation fee from the refund.
We accept Cash, Check & Credit Card. Prices effective December 1, 2022

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Individual Tax Return 
 $ 175     Form 1040 & 1040-SR (includes Maryland)
 $  10     per Schedule 1, 2, 3
 $ 175     Form 1040X Amended Tax Return 
               plus the cost of new forms 
 $  50     Non-Maryland State per state
 $ 100   Homeowners Tax Credit
 
Investments
 $  15       Schedule B Interest, Dividends 
                  (per account) 
 $   5       Schedule D Stock Transactions 
                  (per trade) We will scan 1099B
​                   for multiple trades to decrease cost
 $  25      Form 1116 Foreign Tax Credit
 $  125/hr  Basis Calculation
Income
 $  10      1099R Distributions Retirement
                  (per form)
 $  10      Unemployment, Gambling,
                  Other Income (per form)
Deductions
 $  25       Form 3903 Moving Expenses
 $  10       IRA, SEP deduction
 $  10       Form 8889 Health Savings Account
Itemized Deductions
 $  75       Schedule A 
 $  25       Form 2106 Employee Expenses
                  (for State Use Only)
 $    5       Form 8283 Non-Cash Charity 
                  (per contribution date)
Credits
 $  50      Form EIC Earned Income Credit
 $  25       Form 8863 Education Credits
 $  25       Worksheet 8812 Child Tax Credit
 $  10       Form 2441 Child Care 
                   (per provider)
 $  20       Form 5695 Residential Energy 
 $  50       Form 5405 1st Time Home Buyer
 $  50       Form 8962 Premium Tax Credit
 $  50       Form 8965 Health Coverage
                   Exemptions
Partner or Shareholder in a Business  
 $  100-$ 400   Schedule E pg 2 (per k1) 
 $  125/hr  Basis Calculation
 $    5        Form 4952 Investment Interest
Small Business – Sole Proprietorship
 $ 150-$500   Schedule C (business)
                        or Schedule F (farm)
 $125/hr  Qualified Business Income Calculation
 $    5       Depreciation per new asset
 $  10       Automobile Worksheet 
                  (per vehicle)
 $  50       Form 4797 Sales of Property
 $  20       Form 8829 Business Use of Home
 Rental Property
 $ 100-$200    Schedule E (per rental address) 
 $ 50        If property is outside of Maryland
 $   5        Depreciation (per asset)

Corporation & Partnership Tax Return 
 $ 1,000-$5,000  Form 1120, 1120S, 1065
 $ 500      M1 Reconciliation (assets & income over 250K)
 $   50       Schedule K1 per shareholder
 $125/hr  K2/K3 Preparation
 $ 125/hr  Year End Journal Entries, QuickBooks Clean Up
                 Qualified Business Income Calculation
 $    5         Depreciation (per asset)
 $   50        Non-Maryland State (per state)
 $  150       Maryland Personal Property

Bookkeeping & Consultation 
$  50/hr Bookkeeping - In House
$  50/month Payroll Monthly Deposit
$ 150/quarter Quarterly Payroll Tax Preparation
$  20 per W2/1099 & $20 per W-3/1096
$ 125/hr Tax Estimates Consultation
$ 125/hr Bookkeeping at Client Site & Year End Clean Up
$ 125/hr Statement Preparation. Analysis
$ 125/hr Responses to IRS & State Notices
$ 750 New Business Incorporation

• Not all forms and prices are listed.
• If a calculation of receipts are necessary a bookkeeping fee will apply.
• Extra Tax Return copies are $10 per tax return
• Hourly billing is billed in 15 minute increments.
• We bill for questions that require research and calculations.
• We are responsible for our errors and we will pay penalties and interest.  You are responsible for the tax.
• “An Extension” gives you an additional 6 months to file your tax return; however, you must pay the tax by the due date of the tax return. S-Corporations and Partnerships are due March 15th. Corporations and Individuals are due April 15th.  We are not responsible for the filing late penalty or interest on late filed returns.

Nannette Sheppard, EA
President
nsheppard@asmartco.com