Salary and Expense Account. As of 2014, the president earns an annual salary of $400,000 per year, plus a $50,000 non-taxable expense account.The presidential salary had been $200,000 since 1969, but in 1999, Congress passed legislation doubling the salary to its current level before President George W. Bush took office.etirement Plan. In addition to an annual salary, U.S. presidents receive a retirement plan. After leaving office, the former president receives an annual pension that is equal to the current salary of a Cabinet member. As of 2011, the presidential pension is $196,700 per year.
Economic Service Charge (ESC) ESC is a is a levy imposed under the provision of the ESC Act No. 13 of 2006. The following are liable for ESC: Individuals, partnerships, companies(including BOI), body of persons & Corporations who has aggregate liable turnover for the quarter Rs. 10 mn or more.
Private firms and individual CPA's generally charge one of two ways either a flat rate, or an hourly rate. Hourly rates vary by city. The rates can be as low as $25 per hour, or as high as $300 per hour. Flat rate means you will pay one rate for the preparation of your taxes.For personal returns, which are more standardized, you can expect a total fee between $400 and $500 for your IRS 1040 return and associated forms.For business returns, some individual CPA's charge a sliding scale, based on receipts.For example, if your business has annual receipts of $500,000, they can charge a fee of $400. However, for a business with annual receipts of $1 million, they may charge $850 to file the return.lat rate means you will pay one rate for the preparation of your taxes. For personal returns, which are more standardized, you can expect a total fee between $400 and $500 for your IRS 1040 return and associated forms.