Tax Prep Fees on The Rise
According to Accounting Today, average fees for tax prep are rising. While it certainly does depend on which forms you need, all tax prep fees are steadily increasing a few percentage points, and will very likely continue to rise as the individual mandate is facilitated through tax filing.
Average Tax Prep Fees Remained Unchanged for Tax Year 2010
Average fees for a 1040 individual tax return prepared during 2011 were $233, according to a survey of over 8,000 accountants and tax preparers across the country done by The National Society of Accountants. This figure actually reflected a slight increase, 1.7%, over fees charged for preparing 2009 tax returns.