Okay, let’s calculate Meyer’s rate. As a CPA, he has a solid foundation in accounting and auditing. His skills in tax preparation and financial reporting are also valuable. Location is Framingham, Massachusetts, which is a moderate-cost-of-living area. According to the Bureau of Labor Statistics, the median annual salary for accountants in the Boston-Cambridge-Quincy, MA-NH metropolitan area is around $85,000. However, this figure includes salaries for all accountants, not just CPAs. For CPAs, the median salary is around $90,000. Considering Meyer’s level of experience and education, I would estimate his hourly rate to be around $75, which is slightly lower than the average for CPAs in the area. This is because he is not a senior partner at a large accounting firm, but rather an independent CPA with a smaller practice.