(Entrepreneur) — The tax preparation service provided by a reputable CPA or enrolled agent is likely the least risky method of filing your taxes. The cost can generally range from $250 to $600 per tax return which depends on the financial complexity of the business and the CPA or enrolled agent’s experience level. Since you are a startup company, it would be wise to negotiate with the tax preparer by explaining your situation. In some instances, tax preparers will charge a reduced fee in hopes that a company may become a long-term client. Also — and this is very important — when choosing a tax preparer, make sure to do a thorough background check. Ask for referrals and go to the AICPA website to review CPA licensure status and the IRS to review the same for enrolled agents. You will be able to verify that the tax preparer is in fact a CPA or enrolled agent and if they have any disciplinary actions on their record.
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