Tax Returns, Audits and Consultations

Tax Return Preparation

  • Individual Returns
  • Corporate Returns
  • Partnership Returns
  • Non-Profit Returns
  • Estimated Tax Projections
  • Quarterly Estimated Tax Vouchers
  • Tax Planning & Consulting
  • Personal Property Tax Filings
  • Business License Filings

We will prepare your federal, state and local tax returns, and can also help you figure out how to reduce the taxes you must pay, making year-round tax planning & bookkeeping more important.

Audits, Reviews & Compilations

Audits

An audit provides the highest level of assurance on an organization’s financial statements. An audit provides assurance that an organization’s financial statements are free of material misstatement and are fairly presented based upon the application of generally accepted accounting principles.

An audit includes:

  • Confirmation with outside parties
  • Testing selected transactions by examining supporting documents
  • Completing physical inspections and observations
  • Considering and evaluating the internal control system of the organization

Reviews

A review provides limited assurance on an organization’s financial statements. During a review, inquiries and analytical procedures present a reasonable basis for expressing limited assurance that no material modifications to the financial statements are necessary; they are in conformity with generally accepted accounting principles. This “does it make sense” analysis is useful when the organization needs some assurance about their financial statements, but not the higher level of assurance provided by an audit.

Compilations

A compilation provides no assurance on an organization’s financial statements. The CPA takes financial data provided by the organization and puts them in a financial statement format that complies with generally accepted accounting principles. There are no testing or analytical procedures performed during a compilation.

IRS Representation

  • IRS and State Notices
  • IRS and State tax return audits/reviews

-We can help you with any IRS notices you receive. Let us handle the stress of the situation & ease your fears. Many of the notices can be taken care of with an appropriate letter and/or telephone call to the taxing authority after getting signed power of attorney to deal with such matter. We have the experience to deal with these matters effectively. We can help in areas such as Penalty relief, Adjustment of assessment, Claim for refunds, Collection matters and Examinations, to name a few.

30 Minute Consultation

When you are looking to hire an Accountant, CPA or E.A. for your company (or make a change from your current Accountant to a different one), we want you to be able to talk to and interview us so you can see if we:

  • Can provide the accounting services you need help with today
  • Are a good personality or chemistry fit for you and your business.

This is why we offer a free 30 minute consultation. It’s both our opportunities to see if we are a good match for each other. Normally we would like to see your last 2 years of tax returns to get a thorough understanding of your needs. You may call us directly at 301-797-6609 or fill out the link on the website and one of our team will be in touch with you.