Welcome to my website! Thanks for clicking on my Craigslist ad.
My name is Gabe Lumby. I'm a CPA specializing in serving the unique tax situations of individuals and small businesses in the Springfield, MO area and surrounding communities.
With tax laws that change each and every year, you should trust someone with the experience and qualifications necessary to accurately prepare your tax return. I stay on top of the latest tax law changes to find every deduction and tax credit that you are entitled to!
I prepare tax returns for:
- Individuals (Form 1040)
- Proprietors (1040 w/ Sch C, E, or F)
- LLCs & Businesses (1120S, 1120, & 1065)
Should I hire you, do it myself, or go to the local tax prep chain?
Like many things in life, the answer depends on a few factors...
If you have a very simple, uncomplicated tax return (think W-2 with a standard deduction) and have the skills, time, and ability to use tax software, you might be best served by preparing your own return. You can usually prepare both your state and federal return for around $30-$40 bucks and be done in a few hours.
If you are just wanting to bring in all your documents and have someone with a few weeks of training prepare your return, one of the tax prep chains might work out fine. Some people have the mistaken notion that these chains cost less money than a CPA or EA. Many times we've found their fees to be higher than ours.
If you are looking for a CPA who will provide year-round client support, advice and tax planning unique to your situation, with the education and skill necessary to accurately prepare your return while finding every deduction and credit you're entitled to, I think you would be best served by using my services.
“Oustanding service, quick turnaround, and an overall great experience. I forgot to include a few stock transactions and Gabe fixed the issues without any problems. I’d recommend Gabe to anyone looking for help with their taxes. — Daly S.”
How does the tax preparation process work?
- I will email or send you a common list of documents needed for us to prepare the return.
- Gather your important tax documents & accounting records.
- Contact us to schedule a meeting.
- We meet to go over your tax information & records (virtual or in person).
- You leave the info with us, we then prepare the return.
- After the return has been prepared and reviewed, we send you Form 8879 authorizing us to electronically file the tax return.
- We send you a copy of your tax return for record keeping.
- We let you know of tax savings opportunities for you to take advantage of in the year to come.
Ok, all this sounds great, but how much are your services going to cost me?
Just like with purchasing any product or service, prices can vary drastically depending on the services desired, the complexity and time involved, and the correspondence between you and me.
The baseline fee for a 1040 tax return is $100. This amount will increase for itemized deductions, credits, and anything else that makes the return more complex. Our average 1040 fee is in the neighborhood of $200. Most of these returns have itemized deductions, interest and dividends, stock transactions, etc. A range from highest to lowest could be from $100 all the way up to a few thousand dollars.
For sole-proprietors (Sch C, E, or F)
The baseline fee for a 1040 with a small business included is $200. If you bring in your documents organized on an excel spreadsheet with nothing to clean up, your fee will be lower. If you bring in a shoe-box full of receipts, you will be billed for the bookkeeping work necessary plus the cost of preparing the tax return. The average fee for a sole proprietor return is around $400.
For businesses (1065, 1120S, 1120)
The baseline fee for a corporate or partnership return is $500. If you do your own bookkeeping, there is a good chance some cleanup work will be involved (this has been our experience) that will be billed in addition to your tax work. Please have your books in order and your accounts reconciled if you would like to minimize your fees. The range of fees for a corporate return can be from $500 all the way up to $5,000+.
If you think I might be a good fit to serve your tax preparation needs or if you'd like an exact quote on fees, please call or text me on my cell phone at 417-379-1076 to set up an initial meeting or fill out the Contact Form to let me know how we can help.