Last Updated May 18th, 2022
The average cost of a tax prep for an S-Corp (1120s) return is $764 in Los Angeles and ranges from $200 to $2,995. The actual cost will depend on the complexity of your corporation, revenue, number of assets, depreciation, and if you need help with schedule K or balance sheet preparation.
| Average cost | $764 |
| Typical range | $700-$825 |
| Cheapest price | $200 |
| Most Expensive price | $2,995 |
In this cost guide we will examine the cost of tax preparation for S-corporation tax return (1120s) and the following:
We reached out to 12 leading tax preparation companies in Los Angeles to learn more about what factors influence the price and cost of tax prep for an s corp return. See below cost summary:
| S Corp Tax Preparer | Cost | What is Included |
|---|---|---|
| Taxes Done Eze | $200 | S Corps is roughly $200 |
| Salazar Services – Income Tax Services LA | $250 | S Corp 1120s $250 |
| Pinnacle Tax Services | $550 | $550 for S-Corp returns. |
| BenArtikov.com | Tax and Accounting Services | $700 | It starts at $700 |
| Max Tax Agency | Max Tax Agency Miami Tax Preparation | $750 | S-Corp & Partnership Return - $750-850 - usually in this range, could be cheaper if super simple or more expensive if complex |
| Santa Monica, CA Accounting Firm | Robert Ricco, Inc, An Accountancy Corp | $750 | $750 for the s corp |
| LFC Accounting | QuickBooks Certified Pro Advisor and Tax Specialist | $795 | S-Corp $795 |
| Tax Plus | $800 | S corp return - $800 - $1200. Complex S-Corp. filings with balance sheet requirements could be higher. |
| GUIDO INCOME TAX SERVICES, INC | $825 | S corp return starting rate $825 ( varies if you have lots of depreciation or shareholder etc) |
| Tax Pro Plus | $1100 | An S corporation tax return starts at $1100 |
| Tax Preparation & Accounting Services | Robert Hall & Associates | $1199 | corporate returns (1120s) at $1199. |
| Alan Mehdiani, CPA, Tax Accountant | Los Angeles Accounting Firm | $1250 | Corporations & Partnership Tax Returns (C Corporations, S Corporations, LLCs) S Corp/Partnership with Revenue and Assets less than $250,000 $1250 base fee S Corp/Partnership with Revenue or Assets greater than $250,000 $1995 base fee S Corp/Partnership with Revenue greater than $5 million $2995 base fee S Corp/Partnership K-1 Preparation & C Corp Shareholder Reporting $50 per owner C Corporation Tax Return with Revenue less than $5 million $1995 base fee C Corporation Tax Return with Revenue greater than $5 million $2995 base fee Depreciation $25 per item Single Member LLC (Form 568) $300 base fee Extensions (Calculations Extra) $125 SALT Workaround $200 starting |
Note that s corp tax preparation pricing listed above can change.
Based on our outreach, the cheapest tax preparation costs $200 for an s Corp return to be professionally done.
The main factors that can impact S-Corp tax preparation pricing are the revenue of your corporation, number of assets, depreciation of those assets, and heavy lifting on schedule K and balance sheets.