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AccountingFreshbooksQuickBooksS Corporation

Accounting & Fees: Does this sound reasonable to anyone?13521

leeverdon private msg quote post Address this user
Good day all,

My accountant has just moved me over to an S Corporation. His monthly fee to do all the admin including payroll (just me) using QuickBooks etc will be $199 per month.

Does this sound reasonable to anyone? There are free accounting software packages out there like Wave Accounting but I'm wondering if it's worth the effort to save $199 a month.

Curious to hear how you all handle your accounting needs.

Thanks in advance.
Lee
Post 1 IP   flag post
WGAN Fan
Club Member
Queensland, Australia
Wingman private msg quote post Address this user
I pay about $300/year but I am a sole trader.
I pay sale taxes quarterly myself but my accountant does my tax return for me.
I am also using quickbooks. The sale tax is quite easy with them and I only need to do three clicks to submit my business activity statement.
Post 2 IP   flag post
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Club Member
Buffalo, New York
GETMYVR private msg quote post Address this user
Freshbooks is good
Post 3 IP   flag post
DanielleNewson private msg quote post Address this user
I use Sure Payroll (online) for my S Corp, it's very easy. You just input what you are paying yourself and they calculate the taxes due, pull the amount from your bank account and pay the taxes for you, per your direction. You can generate lots of reports, W2, 1099 etc. They are about $35 per month. I pay my CPA $500 to prepare my corporate taxes.
Good Luck!
Danielle
Post 4 IP   flag post
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