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Focused on Your Success – Income Tax Services

You deserve access to the same CPA services and tax planning techniques available to large companies and wealthy individuals.  Maximizing your income means minimizing your income tax liabilities.  Let our team of CPAs and accountants help you stay focused on your success by letting us focus on your income tax situation.

Our business income tax services include:

  • Income tax preparation

     C corporations  S corporations
     Partnerships  Limited liability companies (LLCs)

  • Selection and set up of the best business entity for your small business

     C corporations  S corporations
     Partnerships  Limited liability companies (LLCs)

  • Income tax planning and projections through out the year
  • End of year tax minimizing strategies
  • Pension planning and setup
  • Virginia, Maryland, and District of Columbia (DC) personal property tax returns 
  • BPOL tax return preparation 

     Fairfax and Fairfax County  Prince William County  Loudoun County
     Arlington County  Fauquier County  Northern Virginia cities

  • Business valuation for buy-sell agreements and estate tax planning
  • Review of fixed asset records to minimize state and local property taxes 
  • Advice on buying versus leasing equipment and real estate
  • Advice on changing tax and book accounting methods
    • Cash versus accrual
    • Completed contract versus percentage of completion (work in progress calculation)
  • Preparation of payroll tax returns
  • Free electronic filing
  • Specializing in tax services for the following industries:
    • Professional services (doctors and other healthcare professionals, attorneys)
    • Computer services
    • Construction contractors
    • Government contractors
  • Multi-state income tax returns
  • Assistance in selecting a qualified bookkeeper or internal accountant
  • Employee benefits and health insurance consulting
  • Setting up owner and officer compensation plans
  • Deferred compensation plans

Our individual tax services include the following:

  • Individual income tax preparation
  • Income tax planning and projections
  • Tax saving strategies throughout the year
  • Estate and trust income tax returns
  • Specializing in multi-state returns
    • Virginia
    • Maryland
    • District of Columbia (DC)
    • if a state has an income tax, we have experience with that state
  • Amended tax returns and net operating loss carry backs
  • Review of previous year tax returns
  • Free electronic filing
  • Representation before the IRS and state tax departments
  • Response to IRS and state letters of inquiry
  • On-line 24 / 7 access to your prior year tax returns in our Client Center
  • Small unincorporated businesses
  • Selection of the best business entity for you
  • Advice on the tax effects of real estate transactions
    • Rental properties
    • Short sales and foreclosures
  • Managing capital gains taxes on security sales
    • Stocks
    • Bonds
    • Mutual funds
  • Tax credits and shelters
  • Oil and gas partnerships
  • Individual Retirement Accounts (IRAs and Roth IRAs)
  • Health Savings Accounts (HSAs) and Health Reimbursement Arrangements (HRAs)
  • Education planning (Section 529 accounts)
  • Alternative Minimum Tax (AMT) consulting
    • Minimum tax credit planning
    • Employee stock options
      • Nonqualified stock options
      • Incentive stock options
  • Tax planning before year end (as often as necessary)
  • Initial tax return meeting (optional for returning clients)
  • Tax organizers available on request (optional)
  • Initial tax return preparation by our CPAs and accountants
  • Our questions and your answers
  • Preparation, discussion, and revision of draft tax returns (we value your input)
  • Completion of final tax returns and final meeting (optional)

You can control your tax liability with our help by:

  • Planning for your tax liability throughout the year
  • Matching tax savings strategies to your personal financial goals
  • Minimizing audit risk by understanding how the IRS reviews tax returns
  • Reviewing your tax return drafts for more input on your tax returns
  • Analyzing the "what ifs" - making the maximum pension contributions versus making no pension contributions