Peter G.
Masullo, CPA has always been a pioneer in the advocacy of taxpayer
rights.
Competence, integrity and fairness are the cornerstones of our business
philosophy. We put our policies in writing long before we were required to do so
by the Department of Consumer Affairs. In addition to the taxpayer rights
enumerated by NY State & NY City, all clients of Peter G. Masullo, CPA have the following additional
rights, regardless of which continent they live on:
FEES All taxpayers and potential clients have the right
to know how much they will be paying us before they agree to pay it. For this reason, virtually all fees are
agreed upon, in advance. There are some occasions, due to the complex nature of
the job or other factors beyond our control, where it is impossible to set a fee
in advance. In these cases, an hourly rate will be set in advance and we will
provide our best estimate of the total cost, before we start.
Peter Masullo's current hourly rate is $200. This rate is adjusted, up or down,
depending on factors such as income level and the complexities involved in the
job.
If we prepared your tax returns last year and there are no major changes, your
fee will be the same, subject to an inflationary increase based on the Consumer
Price Index.
Fees are due at or prior to completion of the work. A monthly finance charge of
1% is billed on overdue balances.
We are glad to make house calls for the elderly or infirmed. We don't charge for
travel time if you live within a mile of our NY office.
AUDIT
REPRESENTATION
Peter G. Masullo is a CPA/Attorney, and can provide complete representation
through all phases of almost any type of tax controversy, including the US Tax
Court. We also provide representation before NY State, NY
City, and most other
tax jurisdictions. Our fees for representation in connection with a return that we prepared
will be billed at 50% of our regular rates, provided your income is less than
$500,000 per year.
PROMPT
SERVICE
We
will pay any penalty caused by our lateness with regard to any tax deadline.
TAX
PENALTY REFUND POLICY
We will also pay any penalty caused by our error in the preparation of your tax
returns. In addition we will review and respond to any correspondence generated as a
result of our error, free of charge.
This does not include any penalty resulting from your late payment of any tax or
failure to pay sufficient estimated tax. Likewise, this does not include any
penalty for failure to pay a sufficient amount of tax with any extension
request. We will do the best we can to estimate your tax liability if you need
an extension. However, we cannot be expected to bare responsibility for
penalties when we are using estimated and/or incomplete information.
Interest is a charge for the use of money and is not covered under this refund
policy.
