Are you supposed to tip an accountant or CPA for doing your federal taxes?

Answer 1

It's your call. There is no rule that says you have too.

Answer 2

No. Because most likely, you wouldn't be tipping the person who prepared the return anyway. There are two tax partners in my office who are the client's contacts. However, I did at least half of the one partner's tax returns so far. So if you tip him, he probably didn't even do the work. And as a professional billed service, tips are not normal anyway. If you really felt compelled, you could give him/her some food to share with the office.

Answer 3

I'm assuming you mean an employee of an accounting firm or tax preparation office. I wouldn't take a tip if one of my clients offered it to me, because it might look like I'm taking a payoff to do something wrong or illegal. These folks get paid pretty well for the work they do, and that should be enough.

If you do want to do something special for someone, maybe a store gift card in a small amount tucked inside a greeting or thank-you card would be appropriate.

Answer 4

A CPA, no. He's a licensed professional and will charge you for the service. If you hire one of these housewives who hop in the H&R Block booth a few weeks a year and butcher your tax return, that's up to you.

Answer 5

Yes and no.......
If you felt he did a good job and had your back... Never Money...That's his job.
Proper etiquet woud be to go to a really cool Bakery get a special pie or cookies or something like that. Give him a bottle of asperin, some tums and some cool ground coffee. Call it his/her "Tax Time Survival Pack". He will get a kick out of it. Make sure there is enough for others at the office. Hungry Bear Cookies is a great place to go for this and it's cheap.....

Answer 6

No.

A "tip" is considered a "contingency fee" which is unethical per the American Standards Board of the American Institute of Certified Public Accountants.

Just pay him his preparation fee that he has billed to you. Knowing that you will be loyal to him in preparing your taxes in future years, is his reward.

Answer 7

No. They get paid a fee for doing this and unless I got a million dollar refund I wouldn't tip them.

Answer 8

possibly this might make you experience greater ideal: certainly, the IRS archives exhibits that for the period of 2007—the main contemporary archives obtainable—the precise a million p.c. of taxpayers paid 40.4 p.c. of the completed income taxes accrued by ability of the federal government. it truly is the utmost share in cutting-factor historical past. by contrast, the precise a million p.c. paid 24.8 p.c. of the income tax burden in 1987, the 300 and sixty 5 days following the 1986 tax reform act. Remarkably, the proportion of the tax burden borne by ability of the precise a million p.c. now exceeds the proportion paid by ability of the backside ninety 5 p.c. of taxpayers blended. In 2007, the backside ninety 5 p.c. paid 39.4 p.c. of the income tax burden. it truly is down from the fifty 8 p.c. of the completed income tax burden they paid 20 years in the past. to place this in attitude, the precise a million p.c. is created from basically a million.4 million taxpayers and that they pay a miles better share of the income tax burden now than the backside 134 million taxpayers blended. and: the conventional federal tax fee for those reporting a minimum of $343,927 in income has bigger from 22.5% in 2007 to 24.0% in 2009, whilst the conventional income for the precise a million% has declined from $a million.4 million to $a million million over the comparable era. and then on the very end it supplies the direct answer: "The very maximum income group—the precise one-10th of one p.c.—certainly has a decrease favourite smart income tax fee than something of the precise a million p.c. of returns by using fact those truly extreme-income returns are greater probable to have income from capital constructive aspects and dividends, that are commonly taxed at decrease expenditures," suggested Logan. "it truly is truly worth stating that contained while it comes to capital constructive aspects and dividends, even nevertheless, income derived from those substances has already been taxed as quickly as by ability of the corporate income tax, which isn't coated interior the present learn, which ability the conventional smart tax fee numbers could be extremely deceptive."

Answer 9

in my opinion...hell no. i get charged a fortune for having it done.

Answer 10

no..they already charge you a fee..
that's services rendered..