Is there an average price to pay for multi-state tax returns (3 commercial and 3 residential rental properties) in California? I believe I am being overcharged but it seems like a huge risk to search for and switch CPAs if that is the case. How would I reliably know that another CPA will do a good job for less money? Any advice on potentially switching CPAs or what to do if you think you are being overcharged is very much appreciated!
Rental Property Investor · Ithaca, NY · Member since 2015 · 1k+ posts · 1k+ votes
7y
@Juliette Lerner
How much are you being charged? You could go turbo tax and do it yourself for cheaper... There’s a lot of work going into filing taxes correctly. Do you do the bookkeeping or is your CPA doing it?
We are paying around $2,500 per tax return (the 3 residential are here in CA and the 3 commercial are in 3 different states) and our CPA does do the bookkeeping. I knew our situation was complicated but I wasn't sure if that was a fair price. We're looking for places to cut back on the expenses or lower our taxes but, again, difficult to know if we're getting the best services.