OUR FEES

Our Fees for filing US taxes in Israel:

Please note prices do not include VAT.

Personal Tax Returns

Our base fee of ₪1,150 includes the preparation of the following forms and schedules:

  • Form 1040 (individual tax return)
  • Up to two Salaries
  • Up to two bank and brokerage transactions
  • Child Tax Credits
  • Form 1116 (foreign Tax Credit)
  • Form 2555 (foreign earned income exclusion)
  • Schedule A (Itemized deductions)
  • Up to two K-1s

Additional forms and schedules

Each additional salary₪70
Each additional bank or brokerage transaction₪70
Each additional K-1₪70
Business income₪190
Rental Property₪190
Form 8833 (Treaty-Based Position)₪190
Form 8863 (Refundable tuition credit)₪190
Form 8814 (kiddie tax)₪190
Form 8621 (PFIC reporting)₪600 per Account
Form 4797 (Sale of business and property)₪500
Form 8379 (Injured Spouse Claim)₪300
MFS Tax Return (Married Filing Separate additional tax return)₪300

Other Fees

State Tax Return₪390
Dual Status Tax ReturnStarting from ₪1,700
Form 5472₪935
Form 1040x Amended Tax Return₪1,400
Tax planning or/ and Consultations₪650 per hour
Facilitating tax payments (each time)₪130

Delinquent Filing- Streamlined Procedure

Our flat fee of ₪4,500 includes:

  • 3 US Federal Income Tax Returns
  • 6 FBARs
  • Statement of Non-Willful Conduct

FBAR Form 114

Up to 5 accounts₪360
6-10 accounts₪580
11-20 accounts₪740

FATCA Form 8938

Up to 5 accounts₪500
6-10 accounts₪830
11-20 accounts₪1,210
Form 5471 – Information return for US officers that needs to be filed by a citizen who is a director of, or shareholder in a foreign corporation.₪1,090
Section 962 Election₪770
Forms 3520/3520A – Returns to report transactions with foreign trusts, ownership of foreign trusts and receipts of large gifts from foreign persons.₪1,490
Form 8865 – Return for partners of certain foreign partnerships.₪1,050
Form 8858 – Information return for owners of foreign disregarded entities and
foreign branches.
₪1,050

Corporate Tax Returns

Form 1120 – Corporation Income Tax Return₪2,970 – ₪6,050
Form 1120s – Income Tax Return for an S Corporation₪2,970 – ₪4,290
Form 1120F – Income Tax Return of a Foreign Corporation₪2,970 – ₪6,050
Form 1065 – Return of Partnership income₪2,570 – ₪6,050
EIN and Form 2553, Election by a Small Business Corporation₪600
Form 1065 – Return of Partnership income₪720– ₪1,650
990EZ – Not-for-profit Tax ReturnFrom ₪2,570
990- Not-for-profit Tax ReturnFrom ₪3,230
Bookkeeping₪410 per hour
Audited Financial StatementsContact us for a price quote

7202,57

US Tax Returns for individuals/ single member LLC’s

Form 1040NR Non-Resident Federal Tax return, including up to two K-1s₪1,130
Each additional K-1₪70
Schedule E (Rental Property)₪190
Form 5472 for disregarded entities₪600
State Tax Return₪390
Each additional State Tax Return₪180

US Tax Returns for Partnership (Multi Member LLC’s)

Form 1065 – Federal Tax return of Partnership income₪1,090
State Tax Return of Partnership income₪300
Form 8805 and 8804₪180 per member
Form 8813 (Late penalties will be assessed if proper tax withholding was omitted)₪600
Form 1040NR Non-Resident Federal Tax return (includes Form 1040 and 2 K-1’s) X2₪1,190
Each additional 1040NR₪600
Each additional K-1₪60
Schedule E (Rental Property)₪165
State tax return X2₪450
Each additional State return₪180
Form W-7 ITIN Application₪500
Form W-7 ITIN Application alone when a tax return is not prepared by us₪275

IRS Audit Representation

Insurance Coverage plan for Audit and IRS Correspondence (Includes Tax court)₪300
IRS ID verification call₪530
TAS₪850
Uncollectables₪2,160
Tracking lost checks₪690
First time penalty abatement request₪580
Reasonable cause penalty abatement request₪720-₪1,420
Appealing timely fling of return₪690
Responding to IRS correspondence₪690
Audit₪2,380
Tax court₪1,730
Offer in compromise doubt as to liability/ audit reconsideration₪3,190

Our duty is to prepare the forms based on information provided to us by the client.

We take no responsibility as to the accuracy of the information reported on the forms.
Our tax preparation fees are due upon completion of our work regardless of tax filing outcome.
They do not include possible follow up work, such as future IRS communications or audits.
Such follow up work will be billed separately.
All fees are in US dollars.

Our dedicated tax experts are experienced with the preparation of all the US tax forms. We will evaluate your unique tax situation and advise which forms apply to you.,

Our Fees for filing Israeli Taxes

Following is a list of services provided including the estimated fee for each service (all prices are before Maam):

  1. Opening File:
a) Opening file for Osek Morshe /Osek Patur₪1,200
b) Opening file in Mas Hachnasa only₪1,000
c) Opening file without a Teudat Zehut₪550 per hour
  1. Bookkeeping:           
Monthly Bookkeeping – 450   ₪800 a month
Additional bookkeeping services₪250 per hour
  1. Salary Preparing:
Salary PreparingStarting at ₪350 a month for the first Tlush. ₪150 for every additional worker
  1. Reports:
a) Annual Personal 1301                         Minimum ₪2,000 depending on work involved
b) Hatzharat Hon if relevant₪1,200 – ₪2,500 depending on the amount of work/ assets involved
c) Certificates for bank or insurance etc                       Minimum ₪275 / ₪550 per hour.
d) Other tax servicesBilled at an hourly rate of ₪650/hour

Once an engagement letter is approved, the client will be obligated to pay for the time spent on their file even in the event that the related tax file is not opened, or the related tax return is not filed at our normal hourly rates of 550 NIS per hour. 

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