Rates & Fees
TRANSPARENT FEES
HOURLY | FLAT | CONTINGENT FEES
Hourly – $650 / hour
- Hourly Rate Matters
- Audits
- Special projects
- Client chooses hourly over flat / contingent fee
- Example – the IRS audits a self-employed consultant for 1 tax year. Typical hours for this type of audit is about 12 hours. Estimated fees in this case, approximately $7,800.
Flat Fees – offered whenever possible.
- Flat Fee Matters
- Foreign account disclosures ($8,000 and up)
- Tax return preparation ($2,000 and up)
- Tax investigations ($2,500 and up)
- Tax planning ($2,500 and up)
- Example – John has 4 foreign bank accounts that have not been disclosed to the IRS. He decides to file a streamlined disclosure with the IRS. The accounts are relatively simple bank accounts. Flat fee in this case, $6,500.
Contingent Fees
Contingent Fees – based on amount saved. Fee will vary on amount owed, complexity and difficulty.
- Contingent Fee Matters
- Tax disputes and litigations
- Penalty abatement cases
- Example – Jane owes $90,000 to the IRS after an audit. The audit is appealed and the bill is reduced to $30,000 (a $60,000 savings). Law Office charges 1/3rd of the saved amount, or $20,000.
Low Income Taxpayers
- Low Income Tax Clinics – if you are low income, you may qualify for free help at a local low income tax clinic (click here).
- VITA Centers – low income persons can also have their tax returns prepared for free. Just go to your local Volunteer Income Tax Assistance (VITA) center (click here).
Testimonials
Read Mani R.'s review of Douglas Greenberg on Yelp
Read Mani R.'s review of Douglas Greenberg on Yelp