Tax Preparation Process

Here’s the full breakdown of tax services:

• $99/month for personal returns per household (married filing separately included, individual w-2, k-1, single member LLC or sole proprietorship, dependent returns) 
• $299/month for the first S-corp (charged separately to the business)

Not included at this time: multi-member LLCs

Situations subject to $199/hr fee:

• >1 real property rented
• >2 state income tax returns needed
• Ownership of digital assets (such as cryptocurrencies) not reported by a qualified custodian tax reporting form supplied to us
• bookkeeping or payroll (next year will be offered at more market competitive rate)

Tax Preparation timeline:

• Winter - Collection
  • We send out a request to complete your questionnaire and upload necessary documents to Canopy
• Spring - Preparation
  • We will begin preparing your return.
  • If we have questions or we see a missing document, we will reach out.
  • If we have everything we need and if it makes sense to file you by the April deadline, we will file
• Summer - Planning
  • During the summer you can schedule a meeting to assess your tax situation and find potential ways to better position yourself for the upcoming tax year.
• Fall - Planning, filing, amending, enrollment
  • If we filed an extension for you for student loan purposes, we will finish up your filing by the fall (the fall tax deadline is in October)
  • Those that were unable to set up meetings in the summer will meet in the fall
  • Any amendments or additional services will be taken care of at this time.
  • Those that are signing up for their first year of tax will be enrolled and set up at this time.