Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Billable Hours

Posted by taxguru on June 16, 2006

 

I’m pretty sure the following question has to do with how many professionals, including some accountants, bill based on a 50 minute hour.  I have always included a note on our bills that we use 60 minute hours, which we keep track of using actual stop-watches while working on clients’ projects.

Subject: What is .1
 
Hi Kerry,
 
What is .1 when talking about billable hours. 
 
Thanks,


My Reply:

.1 is 6 minutes; one-tenth of an hour.

Kerry Kerstetter

Follow-Up:

Thank you so much! 

 

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