Prices and Packages

Pricing Policy for Summit CPA Group

Summit CPA's pricing policy is fixed. This means we charge your company a set price based on specific criteria. Our quotes are not estimates. When you receive a quote from one of our authorized representatives this price is all encompassing and there will be no hidden costs or miscellaneous fees. You will know exactly what it will cos t you prior to accepting the engagement.  Our quote is based on the information given.  We stand behind our quote. However, if the actual circumstances of the agreed upon engagement is different than the information initially given, we reserve the right to adjust the price accordingly.

Three Levels of Business Service (packages)

Payment Policy for Bundled Accounting & Bookkeeping Packages

1. Payment is due in full on the Monday of each week for the current week. Discounts are automatically included in monthly fee.
2. Payment will be directly debited from the client’s checking account at that time.

1) Transactional Service: Mandatory Reports

Transactional Service is what every business requires.  With our Transactional service, you or your staff does the Bookkeeping in whatever form you are comfortable with.  We then take your data and prepare the following:

• Monthly Financial Statement (Sample)
• Periodic Profit & Loss Analysis (Sample)
• Periodic Tax Planner & Projections (Sample)
• Unlimited QuickBooks Support.
• Prepare and monitor monthly Budgets & Cash Flow Analysis
• Complete online access to accounts through our ASP service
• Income tax preparation (federal, state, and city)
• Property tax preparation (if needed)
• Sales tax preparation (if needed)
• Payroll tax preparation (if needed)

Typical prices for Transactional level services range from $100 to $200 per week with the price depending on the amount of work you require.

2) Controllership Service:  Management Accounting

For Controllership Service, we include all the transactional level services PLUS our Certified QuickBooks Consultants will enter all of the information for you on a real-time basis in QuickBooks. 

• Receive & pay vendor bills on a timely basis
• Prepare customer invoicing
• Reconcile bank accounts and credit accounts weekly
• Have the option to control what gets paid and when
• Unlimited Telephone Consulting

Typical prices for this service range from $150 to $350 per week.

3) Virtual CFO Service: Chief Financial Officer

At the Virtual CFO Service level, our team performs much like the chief financial officer (CFO) of a large company - The type of high-level professional capability that small and medium-sized businesses could not otherwise afford.  We go beyond the basic bookkeeping functions with the transactional and controllership services.  We will help you with the following:

• Develop & implement a bonus structure for employees & partners
• Prepare monthly cash-flow forecasts and profit plans
• Help with job costing so that you can maximize profits per customer per job
• Assist with personal & business financial planning
• Develop a succession plan
• Help with estate planning
• Aid in debt restructuring both personal and business
• Computer & network consulting

Typical prices for this service range from $300 to $1,500 per week.   

Payment Policy for 401K Audits

1. Full payment prior to start of engagement will receive a 10% Discount.
2. Payment of fifty percent (50%) required prior to engagement with the remainder of the balance due before work is released.

Our Pricing Structure is a Low Flat Fee (Not an Estimate)

Payment Policy for Business and Individual Tax Returns

1. Full payment prior to start of engagement will receive a 10% Discount
2. Payment due in full upon completion and due before work is released

Pricing for Individual Tax Returns

Call our office for a Quote over the phone.  Returns start as lows as $195.00 which includes a basic return with a Schedule. 

Payment Policy for Payroll Only Accounts

1. Payment is due in full at the time of the payroll run.
2. Payment will be directly debited from the client’s checking account at that time.

Refer to the invoice for all fees and discounts. We accept the following credit cards: Visa and MasterCard.  Our Payment Authorization Form can be found at the following link: http://www.summitcpa.net/ Payment authorization Form.pdf 

Block Pricing for CFO Consulting Services

QuickBooks Consulting Services

Estate & Trust Administration & Tax Returns

Due to the complexity and uncertainty of Estate & Trust Administration, all fees are billed at an hourly rate of $175.00 per hour with a minimum amount due of $3,000 per fiscal year. 

IRS Correspondence/Audit Fees 

Due to the complexity and uncertainty of Correspondence with the IRS, all fees are billed at an hourly rate of $175.00 per hour with a retainer of $5,000 due prior to services rendered.