The average hourly rate for a small CPA firm is about $250-$300/hr in a major market.

For reference, the following info is for a $5,000,000/yr company:

Its about $25,000 per year if you want a small CPA firm to handle interim/year end reports, closing journal entries, state and federal tax returns.

Its about $60,000 per year if you want a small CPA firm to handle all bookkeeping, g/l maintenance, monthly reports and all other duties listed above. Full service.

This post was edited on 5/13/14 at 4:53 pm

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Posted by kennypowers816

New Orleans

Member since Jan 2010

2446 posts

Posted on 5/13/14 at 5:17 pm to BAMAisDIESEL09

quote:
The average hourly rate for a small CPA firm is about $250-$300/hr in a major market.

For reference, the following info is for a $5,000,000/yr company:

Its about $25,000 per year if you want a small CPA firm to handle interim/year end reports, closing journal entries, state and federal tax returns.

Its about $60,000 per year if you want a small CPA firm to handle all bookkeeping, g/l maintenance, monthly reports and all other duties listed above. Full service.

I'm not trying to be rude here but this seems a little off. At that rate ($275/hr) and total fees ($60K), that's only an avg of ~18hrs a month to do all of that. That seems pretty low to me. Either that or my math is off (I'm not a CPA after all).

With that being said, I would think those avg rates are a little high. I would think an avg rate for a firm would be somewhere around 175, but I could definitely be mistaken.

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