Tax Preparation Services in Woodbridge, VA

The basics: ID for everyone on the return, last year's federal and Virginia returns, W-2s and 1099s, proof of estimated payments and records for any deductions or credits you plan to claim. If you own a business, add a profit and loss statement, expense records, payroll reports, asset purchases and your bookkeeping file. Foreign income, accounts or companies? Bring those statements so we can check FBAR and other reporting.

January, when the W-2s and 1099s start showing up. Starting early gives you time to track down missing forms, fix reporting problems and see whether you'll owe before the deadline is on top of you. If you have business income, several entities, foreign reporting or old years still unfiled, start even sooner. Those returns take more digging.

Yes. Enrolled Agents are licensed by the U.S. Treasury to prepare individual and business returns, and they also hold unlimited practice rights before the IRS. So the person preparing your return can also handle an audit, a collection case or an appeal later. That's especially handy if you already have an open notice or years that were never filed.

Yes, and we do it often. We confirm which years the IRS shows as missing, rebuild income and deductions from your records and IRS transcripts, and file in an order that fits whatever comes next, whether that's paying the balance, a payment plan or penalty relief. Getting the returns in is usually the first real step toward tax resolution.

It depends on what's involved: how many forms, how clean the records are, and whether there are past years or IRS issues to address. A household with a rental, a side business and stock sales takes more time than a single W-2. Business returns, international reporting and catch up filings take more again. We'll agree on scope and price before any work starts.

Yes. Most of our business clients are established small and midsize companies that want the return prepared by someone who understands the books behind it. We review income and expenses, handle entity level filings and flag planning issues for next year. Government contractors get the added benefit of GovCon accounting experience, and growing firms can bring us in as a fractional CFO.

Don't panic, and don't ignore it. Many notices, like a CP2000, simply flag income the IRS thinks is missing or a math difference, and some are just wrong. Note the response deadline. We compare the notice to your return and records, draft the reply and, with your authorization on Form 2848, deal with the IRS directly.

Absolutely. Plenty of Woodbridge clients prefer to share documents securely and meet by phone or video rather than sit in traffic on I-95. We serve Virginia, Maryland, Washington DC and clients abroad. You'll get a clear checklist, scheduled calls and quick follow up on anything missing, and the work is done in house by our own staff in the U.S.