HOW TO ADD RAAP

1. Determine the level of your tax return.
   Log in to your Client Portal to review your tax return and determine which policy and fee pertains to it:
   
   The Express Lane & Basic 1040 Only Tax Returns - 125
   W-2 income only, standard deductions, and no dependents or complex credits.
   

   Mid-Level 1040 Returns - 625
   Includes W2 incomes of less than $160,000, personal schedules, dependents, retirement incomes, credits, interest incomes, dividend incomes, and personal stocks with proceeds of less than $100,000 (excluding employee stocks). All other incomes outside this scope, see ‘Complex Tax Returns’ rates.
   

   Complex Tax Returns - 1025
   Includes all components from Mid-Level 1040 Returns, W2 incomes greater than $160,000, profits, AMT, crypto, personal stocks of $100,000 or greater, RSUs, ESPPs, ISOs, K1s, and/or rental properties. Businesses of any kind are not included in Complex Tax Returns RAAP due to a higher level of scrutinized process from the IRS/FTB on proper bookkeeping and tax ready trial balances, requiring the ‘Business & Corporate Tax Returns’ Policy.
   

   Business & Corporate Tax Returns - Starts at 1825
   Active businesses, corporations, and partnerships. Speak to one of our team members prior to adding RAAP.
   

   Startups & Non-Active Business Tax Returns - 725
   Newly-formed entities and businesses with minimal or no activity during the year.
   

   Tax Returns Filed by Another Firm - Starts at 1525
   If you're switching to Richard Colins after working with another professional tax team. We will still cover the discovery process and assist your audit as long as the date of the initial IRS/FTB letter was issued after RAAP was added. Speak to one of our team members prior to adding RAAP.
   
   

2. Pay the amount associated with your type of tax return as listed above.
   Note: Payments for the incorrect complexity level are void of policy rules and may be refunded upon request. If you are unsure reach out to our team.

   • Payment Methods
     Accepting Venmo or Zelle payments only

     1. ZELLE
        colin@richardcolins.com
        Name: Colin Ma
        Memo: See ‘Payment Memo’ example

     2. VENMO
        Username: @richardcolins
        Search businesses: Richard Colins Inc.
        Memo: See ‘Payment Memo Example’

• Payment Memo: "RAAP - Tax Year - Full Name of the taxpayer the policy will cover"
  Example: RAAP – 2024 – John Smith
  

3. Confirmation

• Once your payment is received, you are all set!

• Our team will update your profile with the Audit Assurance Policy.
  

QUESTIONS?
Email us at guestservices@richardcolins.com with subject “RAAP - Tax Year - Full Name of the taxpayer the policy will cover” and one of our team members will reach out to assist you.