How Much Does Your Accountant Charge?
- Thread starter SUP3RNOVA
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That seems really high but if you didn't ship him quickbooks it might make sense. Since he would have to manually enter your expenses and income into his accounting system and categorize it. Depending on how much data you had it might of took a long time. Could of been lots 1099s he had to send out to dudes you payed over $600 to. Although that would of had to be done awhile ago.
Do you pay quarterly estimates? If not you better check with him or another accountant about those or you'll be paying penalties and interest.
Do you pay quarterly estimates? If not you better check with him or another accountant about those or you'll be paying penalties and interest.
Here's the thing, a friend of mine has a brick and mortar business that has employees, shit loads of inventory, fucking 6 buildings, fucking vehicles, etc. He did $7 million in revenue last year and paid his accountant $6,000.
So you got raped. Considering how complex some physical businesses are, in contrast Affiliate marketing accounting is like color by number simple.
High I think..
$1,500 for me.
Quarterlies and a whole bunch of specialized Go Zone shit included.
Btw Go Zone FTW !!!
50% depreciation on real estate purchases.
$1,500 for me.
Quarterlies and a whole bunch of specialized Go Zone shit included.
Btw Go Zone FTW !!!
50% depreciation on real estate purchases.
Accountants get paid by the hour, I paid like $300.
Even your accountant makes $400 an hour like top notch accountants do, $6k is definitely excessive.
Even your accountant makes $400 an hour like top notch accountants do, $6k is definitely excessive.
A sucker is born every day and apparently Uber is a sucker! Maybe you should take accounting if you ever get into college, may save you some cash.
$350 for my taxes.
i know we aren't internet marketing friends and all, but i think i am getting better service at a much lesser rate lol. I have been with the same guy for 5 years and haven't paid over $2k. No audits, nothing.
The personal side seems absolutely insane. Unless you had multiple other complicated Partnerships feeding into the return on top of the Corp, it should not have run you over $500-600. The cost of the corp return makes sense if your records weren't that great. Putting together an affiliate return can be a giant headache for an accountant that isn't familiar with the industry if they are working off sloppy records.
The best bet is usually to find a local smaller firm that can understand the basics of affiliate marketing. Larger firms will tend to either charge higher rates or bill based on what they bill businesses that do similar revenue. This usually means they will bill it closer to a more traditional business like a retail shop, etc, that have numerous employees, and various other details to justify the bill.
The best bet is usually to find a local smaller firm that can understand the basics of affiliate marketing. Larger firms will tend to either charge higher rates or bill based on what they bill businesses that do similar revenue. This usually means they will bill it closer to a more traditional business like a retail shop, etc, that have numerous employees, and various other details to justify the bill.
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