Reply to How much does your accountant charge for taxes?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We just paid 1300. I used to pay $700.

I'd like a benchmark to know if this is typical.

Here are the specifics in terms of complexity for taxes

Gross salary 650k
Roughly 70k in deductions
Some mutual fund dividends (not a lot- not complicated)
Some stock (not a lot- not complicated)
IRAs and dependent care taxes

Is this normal or out of whack?

[/quote]

You can do that with TurboTax.

$80 at most.[/quote]

This is OP-  I realize it would be very cheap to do myself. However, [b]don't have the time or patience to do turbo tax type solution. I also don't trust myself to be able to quality check the results of a software program.  [/b]I am willing to pay somebody or the convenience of not doing myself (and so they can be accountable for the final result), but I want to pay a reasonable rate. So Turbo Tax is not an option...Really just hoping to know whether my CPA is charging me fairly or just looking at my income and determining a rate that is some % of my income. [/quote]

Isn't it *more* time consuming to meet with an accountant?

How can you not trust yourself to check software output but do trust yourself to check accountant output?

We don't meet with the accountant. we put all our paperwork in a file and drop it off. We answer a simple questionnaire.  It's all done by email. No phone conversations. We don't 'check' the output. i mean we look it over to make sure things we know about show up in line items (i.e. IRA, child care etc). And if the payment is significant we'll do a more thorough look at line items.  But its not like I am spending hours checking the thick packet that comes back and recalculating each line myself. As a professional I trust that the CPA has done their job...I'm not even sure what I would look for.

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