What Do Accountants Charge for Small Businesses?

If you’re fed up with trying to do your own books, you’re not alone. For many small business owners, accounting is definitely not their area of expertise. They know they’re probably making mistakes and missing opportunities that a pro would spot right away, but they don’t know if accounting services will save more than they cost.

Small business accountant fees vary depending on a number of factors, including expertise levels, types of services offered, technology integration, and industries or niches served. For example, a bookkeeper that does routine data entry charges less than a CPA (Certified Public Accountant) who’s highly qualified to advise on business strategy or tax planning.

Hourly Rates

“How much does an accountant cost?”

Traditionally, bookkeepers have charged an hourly rate; the more time they spend on your books, the more you have to pay. Typical rates are:

  • Bookkeeper — $30 to $90 per hour
  • CPA — $150 to $450 per hour

Per Engagement Fees

“How much do accountants charge to do taxes?”

You may only need an accountant for an occasional project such as tax preparation.

  • Tax return (unincorporated) — $200 to $500
  • Tax return (incorporated) — $800 to $1,800
  • Financial statement — $1,000 to $2,500
  • Audit — $2,000 to $5,000

Monthly Flat Fees

“What are the most affordable small business accountant fees?”

A very popular option with small businesses is an accounting service that charges a fixed amount every month. It’s easy to budget for; and it can cost less than half what you would pay an hourly accountant for the same amount of service. 

That’s why Xendoo offers this pricing structure to our clients. 

See Xendoo’s price plans here.

Before You Hire an Online Accountant

Research the firms you’re considering to make sure they meet your needs and quality standards. Some things to consider:

  • Credentials. Unlike professions such as law or medicine, anyone can call themselves an accountant. Don’t just trust in a CPA certificate; check into certifications, education, training, and years in practice.
  • Service level. How often and how easy will it be to communicate with your accountant? Do you prefer to contact via telephone, email, an app, or all of the above? How fast do you want a response — within 24 hours or sometime next week?
  • Processor vs. advisor. A processor type of accounting firm mainly provides data entry and reconciliation services. An advisor can help you analyze your financials to spot trends, challenges, and opportunities for improvement.
  • Specialization. Ideally, the firm you choose will have experience in your industry and the size of your business. In-depth knowledge of the challenges you face adds value and insight to their services.

Are Accountants Worth the Money?

With so many business accounting software choices now available, you may assume that letting your computer do everything will be cheaper than the cost of accounting services. And you may be right. But there are some things that still need an expert human being — who can save you significant money, time and hassle.

For example:

  • Tax savings advice, such as when to make capital purchases, what you can deduct and how to reduce taxes on capital gains
  • Answer your questions about financial reports, cash flow, depreciation and other accounting processes
  • Identify opportunities to improve profit margin and business growth
  • Help set up systems for business accounting and teach you best practices
  • Keep you legal, prevent missed deadlines and noncompliance penalties


If you’re already DIYing your business accounting with QuickBooks, check out this article:

When SMB Owners Use QuickBooks: 6 DIY Mistakes to Avoid

And you’ll be happy to know that Xendoo now integrates with QuickBooks, making your life easier than ever!

Xendoo specializes in providing expert accounting and bookkeeping services to small businesses. Because this is our niche, we can deliver tried-and-true expertise. And because we know small businesses need affordable pricing, we’ve leveraged state-of-the-art technology to reduce costs while maintaining gold standard quality.

If you’d like to learn more about our pricing and what you get for your money, please contact us today.



This post is intended to be used for informational purposes only and does not constitute as legal, business, or tax advice. Please consult your attorney, business advisor, or tax advisor with respect to matters referenced in our content. Xendoo assumes no liability for any actions taken in reliance upon the information contained herein.


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