Purchase Solution

Estimate the fee for a tax return based on data presented

Not what you're looking for?

Ask Custom Question

Your supervisor asks you how much you want to charge Joe and Betty for their tax return. What is your response?

The family had a complicated return so how much should i charge to complete their return. Please explain.

Attachments
Purchase this Solution

Solution Summary

The solution presents a list of eight questions to be answered after reviewing the data submitted by the client. The fee quote is broken down by type of work at standard rates which are representative in the current world of CPA firms.

Solution Preview

I have reviewed the data from the taxpayer and was impressed with how complete it is. There are a few issues which need to be resolved before the return can be completed:

1. Do they wish to have the state return prepared? Are her wages from the same state as that in which they live?

2. For the retirement distribution, determine that there is no penalty ...

Purchase this Solution


Free BrainMass Quizzes
Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.