Tax Preparation Quotes and Services -

Dear Sir/Madam,

I am a Canadian citizen livign and working in the US and am interested in using your tax preparation and tax advice services. I would like to get a quote from you on how much a tax consultation and tax preparation would cost for next year. Here are the highlights of my status:

1. Married, but wife is not working
2. Living in California
3. Moved to the US 2 year ago. Taxes for past 2 years were prepared by a firm specializing in US/Canada tax.

I am also interested in getting advice on purchasing a house in Toronto Canada and the tax/finanicial implications of doing so. I would appreciate it if you could provide me with the quote for the tax preparation and for getting advice on the real estate (separately).

Thank you in advance.

_____________________________________________________________________________________________
david ingram replies

I usually quote between $800 and $2,800 for US / Canada Tax Preparation.

I charge $400.00 Cdn per hour plus 6% GST if the client is in Canada and the work is staying in Canada and/or returning to Canada.

The following is a price guideline which is posted on the web site which i send out when requested.

Note that phone consultations tend to be $400 and would likely, usually cover your real estate question.  If you have paid for a consultation and phone back with a 5 minute follow up a couple of times, I do not usually charge for that 5 minute follow up.

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David Ingram's US / Canada Services

US / Canada / Mexico tax, Immigration and working Visa Specialists

US / Canada Real Estate Specialists

My Home office is at:

4466 Prospect Road
North Vancouver,  BC, CANADA, V7N 3L7
Cell (604) 657-8451 -
(604) 980-0321 Fax (604) 980-0325
Calls welcomed from 10 AM to 9 PM 7 days a week  Vancouver (LA) time -  (please do not fax or phone outside of those hours as this is a home office)
 

 

David Ingram gives expert income tax & immigration help to non-resident Americans & Canadians from New York to California to Mexico  family, estate, income trust trusts Cross border, dual citizen - out of country investments are all handled with competence & authority.
 
Phone consultations are $400 for 15 minutes to 50 minutes (professional hour). Please note that GST is added if product remains in Canada or a phone consultation is in Canada.
 
This is not intended to be definitive but in general I am quoting $800 to $2,800 for a dual country tax return.
 
$800 would be one T4 slip one W2 slip one or two interest slips and you lived in one country only - no self employment or rentals or capital gains - you did not move into or out of the country in this year.
 
$1,000 would be the same with one rental
 
$1,200 would be the same with one business no rental
 
$1,200 would be the minimum with a move in or out of the country. These are complicated because of the back and forth foreign tax credits. - The IRS says a foreign tax credit takes 1 hour and 53 minutes.
 
$1,500 would be the minimum with a rental or two in the country you do not live in or a rental and a business and foreign tax credits  no move in or out

$1,600 would be for income from two countries  for two  people


$2,800 would be all of the above and you moved in and out of the country.
 
This is just a guideline for US / Canadian returns
 
We will still prepare Canadian only (lives in Canada, no US connection period) with two or three slips and no capital gains, etc. for $150.00 up.
 
With a Rental for $350
 
A Business for $350 - Rental and business likely $450

And an American only (lives in the US with no Canadian income or filing period) with about the same things in the same range with a little bit more if there is a state return.
 
Moving in or out of the country or part year earnings in the US will ALWAYS be $800 and up.
 
TDF 90-22.1 forms are $50 for the first and $25.00 each after that when part of a tax return.
 
8891 forms are generally $50.00 to $100.00 each.
 
18 RRSPs would be $900.00 - (maybe amalgamate a couple)
 
Capital gains *sales)  are likely $50.00 for the first and $20.00 each after that.
 
Just a guideline not etched in stone.



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