Fee Structure

Alva & Associates LLC prides itself in being transparent and having a simple fee structure. Most business services and tax preparation fees will fit into the fees described below. Sure, there’s always the outlier or the unusual situation, but the following information gives you an idea of our philosophy. Let’s not forget basic disorganization, advanced disorganization, disguised disorganization and misrepresented organization which can all increase your business services and tax preparation fees.

We try to maintain historical tax preparation fees for returning clients… but that is not synonymous with fees never increasing. Our amazing staff of professionals is impacted by the increased cost of living just like anyone else.

Most of our clients are primarily in Texas, Florida, California, the Carolinas, the Midwest, and Washington, but we serve business owners in all 50 states including District of Columbia. Please click on each button below for more information.

Individual Tax Preparation and Sole Proprietors

Our starting fee is $300 for our 1040 Express for our taxpayers with a straightforward no nonsense tax footprint.

This includes:

Up to 6 formal tax documents such as W-2s, 1098 mortgage interest statements, 1098 student loan interest, 1099-SSA, 1099-INT
Dependent / child care credits.

Taxpayers needing additional forms and schedules will be quoted an estimate based on complexity and time.

Individuals with an entity such as a Sole Proprietorship, Single Member LLC and/or Multi-Member LLC (Husband and Wife) will start at $500.

Bookkeeping

Small business bookkeeping is typically $200 to $550 per month depending on cadence.

Business Formation

We can create an LLC, partnership or corporation typically for $600 plus the state filing fees. Includes Articles, EIN, Operating Agreement, S Corp election (if necessary).

Business Tax Preparation

Our primary focus is business consultation, deduction optimization and tax return preparation. Our starting fee is $1,000 for partnership and corporate tax returns depending on the quality of your accounting records (most are $1,000 to $1,500).

S Corp Election

We can have your entity taxed as an S corporation for $400. We also easily perform a late S Corp election back to Jan 1 2023 for $900 to $1,200. You can quickly save 8 to 10% on your net business income by reducing self-employment taxes!

Additional Services & Fees

We also have a short list of additional fees that might be incurred depending on your tax and accounting situation, and your level of readiness.