Our early-bird incentives are back!
Once again, I am contacting many of my business clients with the goal of trying to schedule dates to submit corporate or partnership tax work in 2021. As you know, we work with an extremely compressed deadline schedule from January-April. Most of our work comes in after 2/1 which means we have 10 weeks to get an enormous amount of work out the door. By advance scheduling and encouraging earlier submissions, we can provide quicker turnarounds, not only for your business tax return but also your personal returns since we won’t have such a large backlog of business returns that come in later.
Since there are very few things that business owners wait on to close their books for the year, it is feasible that your information could be submitted to us within the first few days of the year. Obviously, this takes a bit of preparation so I am adding a guide you can refer to which will get you organized over the next 3 weeks. The guide can be found at https://flatironadvisors.sharefile.com/d-sd8c9697f4e1545769ececc21d9ffb17a.
We can provide QuickBooks and bookkeeping assistance to help reconcile or get caught up. If you need some help, please reach out.
I would very much appreciate it if you could pick a day in January on which I can expect to receive your information so we can plan staffing and work levels. To provide incentives, the following pricing can be expected for this coming tax season.
- Submit your information by 1/11/2021 – 10% discount off normal pricing
- Submit between 1/12/2021 and 1/18/2021 – 5% discount off normal pricing
- Submit 1/19/2021 – 1/31/2021 – normal pricing with 3-4% increase inflationary increase
- Submit 2/1/2021 – 2/7/2021 – 10% fee increase over normal pricing (assuming identical complexity as prior year return)
- Submit 2/8/2021 – 2/15/2021 – 20% fee increase over normal pricing (assuming identical complexity as prior year return)
- 2/15/2021 is the last day to submit your information for us to file by 3/15/2021.
This incentive will apply only to the first 20 clients to submit their information. Incentives are not available if you are under a bookkeeping or service agreement as these discounts are already recognized in the prices quoted. To qualify for the discount, all information must be submitted by the dates above including the engagement letter, checklist and questionnaire, and all supporting documents.
Please reply by email as to the date you expect to have your complete information to us in order to start your work for 2021 tax returns.
The following are links to this year’s business organizers. You can use these as reminders as to the information we need to start your returns. In the meantime, you should be doing the following things now so that things are ready to roll right away in January.
2020 S-Corporation Tax Organizer Packet
This contains the engagement letter, year-end checklist, and Questionnaire required for us to prepare your 2020 S-corporation tax return.
2020 C-Corporation Tax Organizer Packet
This contains the engagement letter, year-end checklist, and Questionnaire required for us to prepare your 2020 C-corporation tax return
2020 Partnership Tax Organizer Packet
This contains the engagement letter, year-end checklist, and Questionnaire required for us to prepare your 2020 partnership tax return
Let me know if you have any questions.
Steve Trojan, CPA
