Businesses with unfiled tax returns are typically missing years of bookkeeping and accounting too. For those who do bookkeeping and accounting, how do you price this? I find that potential clients balk at paying for several years of bookkeeping work.
Gary, I think you pitch this as look, you need to first get into compliance, so the books need to get done and then the tax returns get done. Once you do that, now you can move onto resolution.
For those that balk my sort of standard line is that they can do their bookkeeping. Get you a P&L and they can save the money. They wont like that either but its technically their problem. For some reason clients like to think they met you so now its somehow your issue. It isn’t.
We typically charge an average of $200-$300/month for the backwork bookkeeping if it is a full and operating business. And if it is a start up or with little activity then it is a fixed fee of $750-$1,500/year.