OUR FEES

Our Fees for filing US taxes in Israel:

Please note prices do not include VAT.

Personal Tax Returns

Our base fee of $285 includes the preparation of the following forms and schedules:

  • Form 1040 (individual tax return)
  • Up to two Salaries
  • Up to two bank and brokerage transactions
  • Child Tax Credits
  • Form 1116 (foreign Tax Credit)
  • Form 2555 (foreign earned income exclusion)
  • Schedule A (Itemized deductions)
  • Up to two K-1s

Additional forms and schedules

Each additional salary$15
Each additional bank or brokerage transaction     $15
Each additional K-1$15
Business income$45
Rental Property$45
Form 8833 (Treaty-Based Position)  $45
Form 8863 (Refundable tuition credit)           $45
Form 8814 (kiddie tax)$45
Form 8621 (PFIC reporting)  $150 per Account
Form 4797 (Sale of business and property)$125
Form 8379 (Injured Spouse Claim)$75
MFS Tax Return (Married Filing Separate additional tax return)$75

Other Fees

State Tax Return$95
Dual Status Tax ReturnStarting from $425
Form 5472     $225
Form 1040x Amended Tax Return    $350
Tax planning or/ and Consultations   $175 per hour
Facilitating tax payments (each time)$30

Delinquent Filing- Streamlined Procedure

Our flat fee of 1,475 includes:

  • 3 US Federal Income Tax Returns
  • 6 FBARs 
  • Statement of Non-Willful Conduct

FBAR Form 114

Up to 5 accounts$85
6-10 accounts$145
11-20 accounts$185

FATCA Form 8938

Up to 5 accounts$125
6-10 accounts$200
11-20 accounts$300

Form 5471 Information return for US officers that needs to be filed by a citizen who is a director of, or shareholder in a foreign corporation.

$275
Section 962 Election  $195
Forms 3520/3520A Returns to report transactions with foreign trusts, ownership of foreign trusts and receipts of large gifts from foreign persons.$375
Form 8865 Return for partners of certain foreign partnerships.    $250                  
Form 8858 Information return for owners of foreign disregarded entities and
foreign branches. 
$250             

Corporate Tax Returns

Form 1120 – Corporation Income Tax Return$750 – $1400
Form 1120s – Income Tax Return for an S Corporation$750 – $1000
Form 1120F – Income Tax Return of a Foreign Corporation$750 – $1500
Form 1065 – Return of Partnership income$650 – $1500
EIN and Form 2553, Election by a Small Business Corporation$150 
Form 1065 – Return of Partnership income$650 – $1500
990EZ – Not-for-profit Tax ReturnFrom $650
990- Not-for-profit Tax ReturnFrom $850
Bookkeeping$100 per hour
Audited Financial StatementsContact us for a price quote

Foreigners Investing in the US

US Tax Returns for individuals/ single member LLC’s

Form 1040NR Non-Resident Federal Tax return, including up to two K-1s  $285
Each additional K-1   $15
Schedule E (Rental Property)$45
Form 5472 for disregarded entities$150
State Tax Return$95
Each additional State Tax Return$45

US Tax Returns for Partnership (Multi Member LLC’s)

Form 1065 – Federal Tax return of Partnership income    $275
State Tax Return of Partnership income$75
Form 8805 and 8804$45 per member
Form 8813 (Late penalties will be assessed if proper tax withholding was omitted)$150
Form 1040NR Non-Resident Federal Tax return (includes Form 1040 and 2 K-1’s) X2$300
Each additional 1040NR$150
Each additional K-1$15
Schedule E (Rental Property)$45
State tax return X2     $125
Each additional State return  $45
Form W7 ITIN Application$125
Form W7 ITIN Application alone when a tax return is not prepared       by us$250

IRS Audit Representation

Insurance Coverage plan for Audit and IRS Correspondence (Includes Tax court)$75
IRS ID verification call$130
TAS$210
Uncollectables$540
Tracking lost checks$170
First time penalty abatement request$140
Reasonable cause penalty abatement request$180-$360
Appealing timely fling of return$170
Responding to IRS correspondence$170
Audit$600
Tax court$450
Offer in compromise doubt as to liability/ audit reconsideration$780

Our duty is to prepare the forms based on information provided to us by the client.

We take no responsibility as to the accuracy of the information reported on the forms.
Our tax preparation fees are due upon completion of our work regardless of tax filing outcome.
They do not include possible follow up work, such as future IRS communications or audits.
Such follow up work will be billed separately.
All fees are in US dollars.

Our dedicated tax experts are experienced with the preparation of all the US tax forms. We will evaluate your unique tax situation and advise which forms apply to you.

Our Fees for filing Israeli Taxes

Following is a list of services provided including the estimated fee for each service (all prices are before Maam):

  1. Opening File:
a) Opening file for Osek Morshe /Osek Patur1,200 NIS.
b) Opening file in Mas Hachnasa only1,000 NIS.
c) Opening file without a Teudat Zehut450 NIS per hour.
  1. Bookkeeping:           
Monthly Bookkeeping – 450   800 NIS a month.
Additional bookkeeping services150 NIS per hour.
  1. Salary Preparing:
Salary PreparingStarting at 350 NIS a month for the first tlush.100 NIS for every additional worker.
  1. Reports:
a) Annual Personal 1301                         Minimum 1,800 NIS – depending on work involved.
b) Hatzharat Hon if relevant1,200 – 2,500 NIS depending on the amount of work/ assets involved.
c) Certificates for bank or insurance etc                       Minimum 225 NIS / 450 NIS per hour.
d) Any other tax services we provide (for example consulting, Bituach Leumi or other dealings required by tax authorities)Will be charged at an hourly rate of 450 NIS.

Once an engagement letter is approved, the client will be obligated to pay for the time spent on their file even in the event that the related tax file is not opened, or the related tax return is not filed at our normal hourly rates of 450 NIS per hour.

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