Tax Preparation invoice template
Tax Preparation invoice template is for CPAs, enrolled agents, and tax preparers billing clients for individual and business tax return preparation, planning, and related services. It should itemize by return type (e.g. 1040, 1120-S), add-ons (state, schedules), or hourly work. Clear invoices support engagement letters and reduce fee disputes.
Tax Preparation invoice template Sample
Tax Preparation invoice template
123 Business Street, City, Country
Phone: (123) 456-7890
Email: contact@company.com
Tax Preparation invoice template
Bill To:
Client Name
Client Address
Client City, Country
Phone: (987) 654-3210
Email: client@example.com
Invoice #: 12345
Date: 2024-10-10
Due Date: 2024-11-10
| Item | Description | Qty | Price | Total |
|---|---|---|---|---|
| Federal return | Form 1040 preparation | 1 | $275.00 | $275.00 |
| State return | State tax filing | 1 | $95.00 | $95.00 |
| Subtotal | $370.00 | |||
| Tax (10%) | $37.00 | |||
| Total Due | $407.00 | |||
An invoice should include your business or name, the customer’s details, the date and invoice number, and a line-by-line breakdown of what was provided. Including payment terms—such as due on receipt, Net 15, or Net 30—helps you get paid on time and keeps records clear for taxes.
Supporting resources
| Resource | Type | Description |
|---|---|---|
| CPA tax prep fees (2024–2025) | Benchmark | Simple 1040: $200–$350; itemized: $280–$400; Schedule C: $400–$600; S-Corp + personal: $1,200–$3,500; partnership: $1,500–$3,000. Base 1040 avg ~$236 (2025). |
| Billing methods | Industry guide | Hourly $103–$250+; per-form $50–$1,000+; fixed monthly $100–$2,500+. State returns often $50–$150 each; complex work 25%+ premium. |
| Invoice checklist | Checklist | Client name, tax year, return type(s), form-by-form or hourly breakdown, state add-ons, total; payment terms and due date. |
Frequently Asked Questions
- How much do CPAs charge for tax preparation?
- Varies by complexity: simple 1040 $200–$350, self-employed $400–$600, S-Corp $1,200–$3,500. Hourly rates often $103–$250; state returns add $50–$150 each.
- What should a tax preparation invoice include?
- Client and preparer details, tax year, description of returns (e.g. Form 1040 with Schedules A, C), fee per return or hourly breakdown, state fees, total, and payment terms.
- When should I send the invoice?
- Some bill before filing (e.g. 50% upfront), others after; others bill when returns are delivered. State your policy in the engagement letter and on the invoice.