Pricing Plans For Therapists

Our pricing varies based on the type of tax filings, specific requests, and the scope of work involved. For most engagements, we determine pricing individually after
discussing each client’s unique situation. Below are estimated costs for common services that we provide to clients:

Tax/Accounting consultation – $250. We provide discounts to our existing clients. For new clients, the initial consultation is complimentary, provided they engage our firm for tax preparation services (with the consultation fee deducted from the subsequent invoice).

Personal tax returns – start at $130 for single individuals and $200 for couples.

Tax preparation for self-employed therapists – starts at $300.

Standard Corporate Package best for sole practitioners – starts at $3,000 for incorporated therapists. Package includes:

– Preparation of financial statements and corporate tax return compiled based on bookkeeping records supplied by the client;

– Preparation and filing of GST/HST return (if applicable) and other common tax slips: T4/T5;

– Preparation of T1 personal tax return (including partner if applicable);

– Ongoing tax planning to optimize your tax situation;

– Assistance with setting up bookkeeping & payroll processes;

– Limited ongoing support throughout the year with miscellaneous questions/requests.  

Although the Standard Corporate Package is well-suited for newly incorporated clients with relatively low transaction volumes and complexity, larger clinics or practices with multiple owners or partners often find that proprietors can generate greater revenue by managing the practice and delivering counseling services rather than handling bookkeeping responsibilities. To address this need, we have developed specialized bookkeeping packages for such enterprises, which are summarized below: