*** As of 9/23/2024 the Dai People unanimously changed the direction of the Kingdom of Dai to move from an economic development organization concept to a faith-based community organization concept. Changes to this website are being made to reflect this new direction. This website will cease to operate upon 01/15/2025. ***
Opened for business in early 2024, the Regent’s original accounting firm — Gen 9 Tax Accounting and Entrepreneurial Services — returned as Regency Tax & Bookkeeping Services Ltd. with partner offices across in the Western Slope and the San Luis Valley of Colorado. Unfortunately, it had limited success due to the recent economic downturn in the Western Slope of Colorado and expected clients opted to put off tax & bookkeeping services until conditions in the area improved.
This in addition to the high costs of doing business in Colorado prompted the Regent to order moving the principal office to West Texas and cancel plans to install additional offices in Santa Fe, Show Low, Roswell, and Beaumont… only the Silver City area and the Front Range areas are the only locations planned for future expansions as of this time. These future offices will require new partners in order to achieve this expansion. Tax partners with the EA licensure from the IRS or full-service bookkeeping partners with the CPB certification are encouraged to apply for partnership under the Regency brand.
***As of this time, the following price schema has been updated and will be effective after of April 7th, 2024***
- CFO, Tax & Business Consulting Services: $75.00 per hour (3.00 T)
- Small Business or Nonprofit Entity Selection Consultation
- Forms SS-4, 8832, 2553, 1023, and 1024 filings
- Tax Planning with Revenue, Expense, Capital Outlay, Budgeting, and Forecasting
- Cost & Cash Flow Management Analysis & Application
- Business Planning, Process, and Strategy
- Review and discussion of IRS letters received and responsive actions
- Individual Tax Preparation Services (Rates include up to two state returns)
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- Simple 1040 Tax Return (W-2, 1099-INT,1099-DIV, 1099-R, SSA-1099)
- Base Rate: $150.00 (6.00 T)
- Max 150 clients
- Complex 1040 Tax Returns with Sch (A, C, D, E, F, H)
- Additional $75.00 (3.00 T) (per schedule with Sch SE included including Qualifying Joint Ventures)
- Max 50 clients
- Dependent 1040 Tax Returns with Form (8867, 2441, 8863) and Sch (EIC, 8812)
- Minimum Flat Rate Per Insurance $600.00 (24.00 T)
- Max 50 clients
- Additional forms and schedules: $75.00 (3.oo T) per hour. Maximum charge of $1000.00 (40.00 T) per tax return
- Simple 1040 Tax Return (W-2, 1099-INT,1099-DIV, 1099-R, SSA-1099)
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- Business and NonProfit Tax Returns
- 990-N Tax Return
- Base Rate: $150.00 (6.00 T)
- Max 50 clients
- Small 1120 or 1120S (Under $250k rev/assets), Small 1065 (Under $250k/$1mil assets) or 990-EZ Tax Returns (under $200k rev/under $500k assets)
- Base Rate: $600.00 (24.00 T) plus $75.00 (1.00 T) per hour beyond four hours
- Max Charge: $1250.00 (50.00 T) per return (typical)
- Max 10 clients
- 990-N Tax Return
- Bookkeeping and Financial Accounting Services
- General Full Charge Bookkeeping Services
- Limited unaudited financial statements
- Payroll services available via Gusto.
- Hourly charge of $75.00 (3.00 T) for general bookkeeping services.
- Minimum monthly charge of $150.00 (6.ooT) for two hours including general bookkeeping and bank reconciliation services per business account. Additional accounts typically require an additional hour to process.
- Maximum 10 client capacity for monthly accounting service
- CPA Firm Support Services
- Occasionally CPA firms become overwhelmed and seek to farm out tax returns and bookkeeping work.
- Regency will perform such express tax preparation and bookkeeping work at a reduced rate to help our fellow accountants push through the workload but place the responsibility of ensuring accuracy upon the firm such as the performance of review work and any necessary minute adjustments before filing since they are more familiar with their clients and filed under their firm’s credentials.
- Services start at $50 (2.00 T) per hour on a 1099-NEC basis and price depends upon the complexity of the work requested.