our pricing

Our simplified pricing for our specialized services

Fair, Flexible, and Unbeatable

Pricing for businesses and individuals.

At Sovereign Tax and Accounting, we care about our fee structure to ensure the clients get the maximum purchase value whenever we hire us as their service partner.

Unlike many firms, we do not charge by the hour or by the form. We provided upfront pricing, which means you will know and agree to our fee before we begin any work or you make any commitment. Once we have all or at least all material information required to prepare the return or project we determine our fee based on your unique tax and accounting needs. 

Hourly rates

For CPA and virtual services

We understand that every business is different. Our competitive accounting services and virtual tax preparation solution is for everyone, no matter how small or large your firm is or how much of a budget you have, our hourly fee is the right solution for your business that helps you get your job done right while saving contractual hefty fees.

Tax preparation and filling services

We offer transparent, upfront pricing to ensure you know what to expect. The exact fee will be determined once we have reviewed all necessary documents and before we commence any work. 

$350

Personal Federal Income Tax Preparation
1040 return and related statements, including the cost of e-filing or mailing. (does not include audit support)

$400

Personal Federal Income Tax Preparation C/E
1040 return and related statements, including the cost of e-filing or mailing (does not include audit support)

$500

Personal Federal AMENDED Income Tax Preparation
Amended 1040 return and related statements, including cost of mailing (does not include audit support)

$250

Personal State Income Tax Preparation
Return and all related forms, including cost of e-filing or mailing (does not include audit support)

$850

Business Federal Income Tax Preparation
1120, 1120s, 1065 and all related forms, including cost of e-filing or mailing (does not include audit support)

$500

Business State Income Tax Preparation
Return and all related forms, including cost of e-filing or mailing (does not include audit support)

$750

Tax Exempt Federal Return Preparation
Form 990’s and all related forms, including cost of e-filing or mailing (does not include audit support)

$275

Sales Tax Return Preparation
Per state, per filing (does not include audit support)

$275

Annual Federal 1099 Filing Preparation
Filings for Up to 5 Contractors – ($10 each additional contractor) (does not include audit support)

IMPORTANT NOTE!

These Fees Do Not Include Bookkeeping Services Pricing

There are additional fees for maintaining clients QuickBooks, importing bank transaction, preparing bank reconciliations, going through bank statements, sorting numerous documents and receipts in order to prepare the financial statements (Income Statement & Balance Sheet). This is required to prepare complete and accurate tax returns for businesses. This additional will be separately stated.

This is where we can work with you to minimize fees and give you options to make this easier and more affordable for you. We provide tax basic bookkeeping services in-house, if needed we will refer you to a qualified bookkeeper.

Our Bookkeeping Services Pricing

$200/month

Small Businesses Bookkeeping
Small Businesses starting at $200 per month.

$600

Quarterly Review and Reconciliation
Small businesses starting at $600 per quarter – average $600 – $2,000

$1,200

Annual Review and Reconciliation
Small businesses start at $1,200 – the average per tax year is $1,500 – $2,500.

New business setup

Complete pricing solution for business formation setup with competitive yet flexible service charges.

Articles of Organization or Incorporation

$300
Does not include State Fee.

Tax Identification Number

$150

S-Corporation Election

$150

Preparation and Electronic Filing of Form 1023-EZ Federal application for tax exempt status

$400
Does Not Include Federal Fee ($275* this can change).

Preparation of form 1023 Federal Application for Tax Exempt Status

$600-$2000
Small Tax-Exempt entities average $600 – $2,000 – Does Not Include Federal Fee (About $400 to $850)

Get an estimate

Accurate, timely, and precise.

Get an estimate regarding tax preparation and filling, accounting, payroll, bookkeeping, or any service that you’re looking for. Our team is always available for your help and assistance.