Tax Guru-Ker$tetter Letter
Friday, June 16, 2006
Billable Hours
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 .1Hi 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!