Norman, OK
Norman tax consultant for small business and personal returns
Personal returns, S corps, rentals and IRS letters for Norman and the towns around it. You see the fee in writing before any work starts.
- Fee in writing before we start
- Oklahoma return included with every federal return
- Upload papers from your phone or drop off
What a tax preparer costs in Norman
A personal tax return in the Norman area usually costs $137 to $454, and the local average sits near $242. Where you land depends on what is on the return. A W2 job and the standard deduction sit at the bottom of that range. Itemized deductions, a stock sale or a second state push it up. If you are self employed, plan on another $123 to $135 for the Schedule C, more if the records need sorting first. A small business return for an S corp, partnership or multi member LLC typically runs $625 to $1,125, including the Oklahoma return and the owner K1s. Answering an IRS letter starts small and climbs only when the problem does.
Personal returns are due April 15 and S corp returns March 15, so sending papers in February keeps you out of the rush and keeps the price steady. Whatever your return needs, the fee goes in writing before any work starts. The office is in Norman. Most clients are here or in the Cleveland County towns around it, and the ones down in McClain and Grady counties mostly upload their papers instead of driving.
Tax and accounting work we take on
Most of our clients are Norman households with something more than a single W2. A professor with a book contract, a nurse at Norman Regional who also owns a rental on the east side, or a contractor who incorporated two years ago and has never been sure the payroll was set up right. That is the work we like, because a careful preparer can save real money on it.
Personal tax preparation
Federal Form 1040 and Oklahoma Form 511, with every schedule that applies. Rentals on Schedule E, side income on Schedule C, stock sales, education credits for OU students and their parents, and retirement income with the Oklahoma pension exclusion.
Small business and S corp returns
S corp returns on Form 1120S, partnership returns on Form 1065, and the Oklahoma 512S or 514 that goes with each. We also look at whether your LLC should be taxed as an S corp at all, what a reasonable salary is for you, how your quarterly estimates should be set, and whether the Oklahoma pass through entity election is worth making this year.
IRS and Oklahoma Tax Commission letters
A CP2000 saying income was missed, a balance due notice, a penalty you think is unfair, or a few years that never got filed. We read the letter, tell you what it will take to answer it, and handle the reply.
Our approach to your return
Every return follows the same five steps, whether it is a student with one W2 or an S corp with six employees.
- You call or send the form below. We ask what changed since last year and look at last year's return.
- We send the fee in writing. Nothing starts until you say yes to the number.
- You upload your papers from your phone or drop them off in Norman. We send one list of anything missing, not five.
- We prepare the federal and Oklahoma returns, then call you to go over the result line by line, including what to change for next year.
- You sign electronically and we file. You get a copy of everything, and we keep it on file for later years.
That call in step four is where most of the value sits. A return is a record of last year. The call is about next year: whether to raise your estimated payments, whether the business is ready for an S corp, whether a rental should be sold this year or next.
Typical prices in Norman
| Service | Typical price |
|---|---|
| Personal return (Form 1040 plus Oklahoma 511) | $137 to $454 |
| Schedule C add on (1099 or side business income) | add $123 to $135 |
| S corp or partnership return (1120S or 1065 plus Oklahoma) | $625 to $1,125 |
| Full IRS case (unfiled years, payment plan, penalties) | from $2,500 |
These are the going rates for the Norman area. The $2,500 line is for a full IRS case. A single letter is a smaller job, priced on its own after we read it. Your quote is in writing after we see last year's return. The full cost guide explains what moves each price up or down.
A small tax firm, here in Norman
A small firm means the person who prepares your return is the person who answers when a letter shows up in August. You do not start over with someone new every spring, and nobody has to relearn that you own a duplex on Lindsey Street or that your husband switched jobs in March.
Norman has a mix that makes tax work interesting. The University of Oklahoma brings faculty with consulting income and graduate students on stipends. The National Weather Center brings federal employees. Cleveland County has roughly 24,000 businesses with no employees, according to the Census Bureau, which means a lot of people filing a Schedule C for the first time. And a big share of Norman homes are rentals, so plenty of residents are small landlords, whether they planned it or not.
Before you hire anyone, the IRS suggests checking that a preparer has a PTIN and asking about their credentials. Its guide to choosing a tax professional is worth five minutes. Only CPAs, enrolled agents and attorneys can represent you in front of the IRS on an audit or a collection case.
Dates Norman filers should know
- The last estimated payment for the prior year is due January 15.
- Employers and businesses send W2s and 1099s by January 31.
- S corp and partnership returns are due March 15. Form 7004 filed by then moves them to September 15.
- Personal returns and first quarter estimates are due April 15. Oklahoma gives an e-filed Form 511 until April 20, as long as any payment goes in electronically too.
- The second and third quarter estimates fall on June 15 and September 15.
- A personal return on extension has until October 15.
The Oklahoma Tax Commission posts state forms and any disaster extensions, which Oklahoma has received after some spring storm seasons.
Towns we work with
Most clients live in Norman, but we work with people across Cleveland County and into McClain and Grady counties. Every town page has notes on the returns we see most there.
Questions Norman clients ask
How much does it cost to get taxes done in Norman?
A personal return in the Norman area typically runs $137 to $454, with the average near $242. Self employed income adds about $123 to $135, and a small business return runs $625 to $1,125. You get your fee in writing before we start.
Do you do small business and S corp returns?
Yes. We prepare Form 1120S for S corps, Form 1065 for partnerships and multi member LLCs, and the Oklahoma business return that goes with each, plus the owner K1s.
Can you help with a letter from the IRS?
Yes. Send us a photo of the letter. We tell you what it means, what it will cost to answer, and the deadline on it. CPAs and enrolled agents can speak to the IRS for you with a signed Form 2848.
Do I have to come into the office?
No. Most clients upload their papers from a phone or drop them off once. We call with questions and send the return for an electronic signature.
Is the Oklahoma return included?
Yes. Every federal return we prepare includes the Oklahoma return in the same fee, Form 511 for residents, Form 512S for an S corp or Form 514 for a partnership.
When should I send my papers?
As soon as your W2s and 1099s arrive in late January. S corp and partnership returns are due March 15, personal returns April 15, and the spring rush fills up fast.
Ask for a written fee
Tell us what you need and we will call you back with questions and a fee in writing. If it is easier, call (405) 217-0120.