Preparation Price List

Taxpayers trying to read and decode transcripts is a thing of the past. Never again will you have to spend hours weeding through dense IRS transcripts to find the info you need. Spies Tax Connections will provide you with a user friendly version of your transcripts, saving you countless hours of unnecessary work. 

IRS Tax Form 1040 Easy is the shortest federal individual income tax form. It is designed for taxpayers whose filing status is “single” or “married filing jointly” with no dependents.

Form 1040 that has dependents. To use Form 1040A you must meet a number of requirements, such as having taxable income of $100,000 or less and claiming the standard deduction rather than itemizing. (Form 1040A expired in 2017)

Form 1040 and Schedule A is required in any year you choose to itemize your deductions. The schedule has seven categories of expenses: medical and dental expenses, taxes, interest, gifts to charity, casualty and theft losses, job expenses and certain miscellaneous expenses.

Form 1040 and Schedule A are required in any year you choose to itemize your deductions instead of taking the standard deduction. Schedule C is used to report income or loss from a business you operated or a profession you practiced as a Sole Proprietorship or a Single-Member LLC (SMLLC).

An activity qualifies as a business if:

• Your primary purpose for engaging in the activity is for income or profit, and you are involved in the activity with continuity and regularity.

The sale or exchange of a capital asset not reported on another form or schedule(For example, stocks, bonds, jewelry, coin collections, nonbusiness bad debts and your home are all considered capital assets. Gains from involuntary conversions (other than from casualty or theft) of capital assets not held for business or profit.

Schedule E reports income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in real estate mortgage investment conduits  a description about this item

Schedule F reports farm income and expenses. It is used only by farmers who are considered to be sole proprietors.

Form 709 is used to report transfers subject to the Federal gift and certain generation-skipping transfer taxes. The Form figures the tax, if any is due on those transfers.

The fiduciary of a domestic decedent's estate, trust, or bankruptcy estate files Form 1041 to report: The income, deductions, gains, losses, etc. of the estate or trust. The income that is either accumulated or held for future distribution or distributed currently to the beneficiaries.

Like the federal government, states impose additional income taxes on your earnings if you have a sufficient connection to the state. State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain estates and trusts.

Form 1120 is used for a Corporation Income Tax Return, it's used by C Corporation for tax returns. Generally C Corporations are subject to corporate income tax, as well as the C Corporation pays its shareholders dividends from its after-tax income, which will be reported on the shareholders individual income tax return.

Form 1120S is used for a Income Tax Return for a S Corporation. Generally S Corporations do not pay any corporate income tax. Instead, the corporation's income or losses are divided among and passed through to its shareholders. The shareholders must then report the income or loss on their own individual income tax returns.
**Starting Price**

-Simple Returns start at $1,550
-Moderate Returns run $1,800 - $2,600
-Complex Returns are $3,500 +

Partnerships file an information return to report their income, gains, losses, deductions, credits, etc. A partnership does not pay tax on its income but “passes through” any profits or losses to its partners. Partners must include partnership items on their tax or information returns.
**Starting Price**

-Simple Returns start at $1,150
-Moderate Returns run $1,200 - $2,800
-Complex Returns are $2,800 +

Form 990 is the reporting form that many federally tax-exempt organizations must file with the IRS each year. This form allows the IRS and the general public to evaluate a nonprofit's operations; it includes information on the nonprofit's mission, programs, and finances.

Like the federal government, states impose additional income taxes on your earnings if you have a sufficient connection to the state. State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain estates and trusts. 

Taxpayers trying to read and decode transcripts is a thing of the past. Never again will you have to spend hours weeding through dense IRS transcripts to find the info you need. Spies Tax Connections will provide you with a user friendly version of your transcripts, saving you countless hours of unnecessary work.