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6 preparers · Beverly, MA

Tax preparers in Beverly, Massachusetts

6 CPAs, EAs and tax preparers listed in Beverly from public records — public contact details, typical fees, and a free report on your tax letter or return.

Typical tax-prep fees in Massachusetts

Massachusetts average, not a firm's price

Form 1040 + state, standard deduction

$170

Form 1040 + state, itemized

$274

Add Schedule C (self-employed)

+$122

Partnership return (Form 1065)

$580

S corporation return (Form 1120-S)

$1,254

C corporation return (Form 1120)

$1,405

Average fees reported by Massachusetts practitioners in the National Society of Accountants 2020-2021 Income and Fees Survey, State Averages (published 2020). Survey averages, not adjusted for inflation. They are not the prices of any firm listed here. New England averages for the same two 1040 returns: $229 and $285. Source

Top picks in Beverly

How TaxScout ranks CPAs in Beverly

Every firm on this page is verified against public Massachusetts Board of Accountancy and IRS records. We order listings by credential verification, client review volume and rating, specialization match for your needs, and whether the firm is currently accepting new clients — claimed, actively managed profiles rank ahead of unclaimed directory entries. Ratings shown combine verified TaxScout reviews with public Google ratings. We never accept payment for ranking position.

Tax Services in Beverly, Massachusetts

Finding a CPA in Beverly, Massachusetts, requires navigating a professional landscape shaped by the city's diverse economic base. As a coastal community with a mix of historic residential neighborhoods, a growing tech and life sciences presence near the Cummings Center, and a robust retail sector along Cabot and Rantoul Streets, Beverly presents unique accounting needs. Residents and business owners often seek professionals who understand the nuances of local property assessments and the specific tax implications of working in the North Shore's professional services corridor. With a population that blends long-term residents with a transient workforce commuting to Boston, the demand for tax expertise is steady. Whether you are managing a small business in the downtown district or navigating personal income tax filings as a high-earner in the Montserrat or Prides Crossing areas, local CPAs offer the advantage of proximity and familiarity with the regional economic climate, ensuring that your financial strategy aligns with both state and local regulations.

Massachusetts Tax Climate

Massachusetts maintains a flat personal income tax rate of 5.0% for most income, though a 4% surtax applies to annual income exceeding $1 million. For Beverly residents, the tax landscape is influenced by the state's standard April 15th filing deadline, which aligns with federal requirements. Property taxes are a significant consideration in Beverly, as the city sets its own tax rate annually to fund municipal services and the school system, often impacting homeowners and commercial property investors alike. Additionally, Massachusetts imposes a 6.25% sales tax, with specific exemptions that local businesses must track carefully. Unlike some states, Massachusetts does not have a separate city-level income tax, but businesses must remain compliant with the state's Department of Revenue regarding corporate excise taxes and withholding requirements. Engaging a CPA familiar with the Massachusetts tax code is essential for navigating these obligations and identifying potential credits, such as the state's circuit breaker tax credit for seniors.

When to hire a CPA in Beverly

You should hire a CPA in Beverly when your financial situation moves beyond standard W-2 reporting. If you own a business in the Cummings Center, manage rental properties in the downtown area, or possess complex investment portfolios, the risk of miscalculating state-specific tax credits or failing to meet local compliance standards increases. A CPA provides value by interpreting Massachusetts-specific tax law changes and ensuring your filings reflect the latest state regulations. While DIY software is sufficient for simple returns, a local professional offers the strategic oversight necessary to manage tax liability effectively, especially when dealing with the complexities of the Massachusetts 4% surtax or local property tax implications for small business owners.

The Beverly market currently maintains a stable supply of accounting professionals, with a noticeable concentration of firms serving the North Shore's small business and life sciences sectors.

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CPAs in Beverly on the map

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CPAs in Beverly

6 listed

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Nearby cities in Massachusetts

Common questions

Does Beverly have a local city income tax?

No, Beverly does not impose a local income tax. Residents are only responsible for the 5.0% Massachusetts state income tax and federal income tax obligations.

How do I handle property taxes in Beverly?

Property taxes are managed by the City of Beverly Assessor's Office and are typically billed on a quarterly basis. A CPA can help you determine if your property taxes are deductible on your federal return under current SALT limitations.

Are there specific tax credits for North Shore businesses?

Massachusetts offers various economic development incentives, such as the Economic Development Incentive Program (EDIP), which may apply to certain businesses in Beverly. A local CPA can evaluate if your business qualifies for these state-level credits.

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