For assets other than goodwill or indefinite-lived intangibles, an impairment charge is recognized whenever an asset's recoverable amount (the higher of its fair value less costs to sell, and its value in use) exceeds its carrying amount.
In its annual survey of Tax Return Preparation Fee Averages, the National Society of Accountants reports the following average fees its members charged to prepare 2014 tax returns: 1  1040 with state return with no itemized deductions: $159. 2  1040 with Schedule A (itemized deductions) and state return: $273. The average additional fee charged if you don't provide your information at least two weeks before a filing deadline is about $93. 2  The average additional fee for expediting a tax return is $88. 3  And the average fee for filing for an extension is $42.
Of course, your tax preparation fees will also vary based on what type of forms you will be filing. If youâre simply filing a 1040 Schedule C form, then the national average for tax preparation fees for that tax document is just over $200. However, if you own your own business, your tax preparation fees will be considerably higher. For example, if you participate in a partnership business, youâll need to fill out form 1065, and the average tax service fee for that form is $550. If you run a corporation, the tax preparation fee for the 1120 form is close to $700.