Terry D EA Posted September 7, 2020 Report Posted September 7, 2020 Client apparently overlooked (their statement not mine) some depreciable items they had purchased beginning 2016. Form 3115 with a section 481 adjustment will be completed. I don't do too many of these so I was wondering what the average invoice is for preparing these forms. Thanks! Quote
Lee B Posted September 8, 2020 Report Posted September 8, 2020 There is "no one size fits all" answer to your question. What kind of entity? How many assets? What do you normally charge this client? 1 Quote
Lynn EA USTCP in Louisiana Posted September 8, 2020 Report Posted September 8, 2020 I suggest you consider charging your highest hourly rate x the amount of time it takes you to prepare the form. 3 Quote
grandmabee Posted September 8, 2020 Report Posted September 8, 2020 I do a min. charge of 250. and then depending on how many assets go up from there. This form takes time. I have only done a handful in the last 35 years. 4 Quote
DANRVAN Posted September 9, 2020 Report Posted September 9, 2020 Charge by the hour, but if you are working in an area that you are have limited experience, or maybe a little rusty in, then you need to make an adjustment for the amount of extra time it took. 3 Quote
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