For Small Businesses

What our Clients are saying

I’ve been a customer of Steve Kallam for over 10 years! If you know me well, you are aware of my loyalty to people who are doing me and the community right. Steve and his entire operation can deliver a complete service package on personal, commercial, and or corporate level!! PNL, payroll, taxes and more. Make them your first choice. You won’t regret it! – you have my ‘approved’ stamp on it.

Shani Yourman

Establish Greater Profitability and Business EffICIENCY!

Your business’ profitability and operational efficiency are at the center of your business’ success!

Our experience, resources, and attention to detail make our accounting services second-to-none. As an experienced accounting team, we look forward to the opportunity to help transform your business’ financials as we work with you to establish short- and long-term strategies for growth and profitability.

Working with us and enlisting our business services could make all the difference!

Whether you need help starting a business, cleaning up your bookkeeping, setting up QuickBooks, handling payroll, or you crave some much-needed business coaching or other strategic consulting, we have been doing this for years, and stay on top of all of the new regulations to help you take the most advantage possible. Legally, and ethically — and profitably.

We work with our clients in a relational way to help them experience the financial success they desire — whether the business is just an idea, relatively new, or a well-established entity. Whether small, large, or in need of some special attention, we have the experience you need so that you can focus on what your business does best.

 

Good News for Hampton Roads Businesses About

Just when we thought that the business-related news might slow down for Hampton Roads business owners...Not only are unemployment numbers improving (much to the surprise and delight of the stock markets), but ...Congress passed, and the President has signed a bill...

Why Price Reductions are Bad Positioning for (Almost) Any Business

Our hearts remain with those in Houston and, now, South Florida, who has been dealing with such a massive disruption of their lives -- and during a time of year that is already one of the busiest. The IRS has set up a "catch all" page for those cleaning up from...

Marketing Tips for Small Business Owners

As you may have heard, "Labor Day" originated during the time of 7-day workweeks of 12-hour days, in the late 1800's, as our country was in the throes of the Industrial Revolution. Times have certainly changed since then -- and our economy is no longer driven by the...

Steve Kallam’s Four Steps To Properly Handle Upset Customers

2020 has been ... something.Maybe, if we're all fortunate, the SpaceX launch will be the best thing to come out of this season.Because there is simply pain all around right now. I said this in another place, but it's overwhelming, as someone who has to communicate to...

Should Your Hampton Roads Business Consider Returning The PPP Loan?

There has been a lot of recent talk about the PPP money, who got it, who didn't, and even if some companies should pay it back.I have some thoughts on this but ultimately, you will have to make this decision.It's an easy decision if you desperately needed it. And if...

For The Sake of Your Hampton Roads Business, Don’t Navigate This Extended Tax Season Alone

...don't navigate this season alone.The more we learn about the nuances of PPP forgiveness, EIDL regulations, the Employee Retention credit (an alternative, payroll-tax-specific way to save cash for your Hampton Roads business) ... well, the more that we discover that...

A Guide to Paycheck Protection Program Loans for Hampton Roads Businesses

At Virginia Accounting Services, we have been working closely with our business owner clients (and many new business owners who have been reaching out) to cut through the noise and online misinformation about these loans.Some of this misinformation is innocent, simply...

The Pareto Principle And Your Company’s Work Cycle

Slogging through the summer, and with the weather still hot, it can be really tempting to sort of press cruise control for the month of August until Labor Day hits us, and *then* really put that nose to the grindstone. But could it be that a rhythm of working a little...

How Your Hampton Roads Company Can Do More With Less Time

If you didn't get a chance to do this before, would you shoot me back a quick note through the email button at the top of the page? I'd like to hear from you...How are things going for your Hampton Roads business right now?I'd like to get just a few sentences about...

What Your Hampton Roads Business Should Do If They Received PPP Funding

I promise that one day I'll write to you and my Hampton Roads area readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche -- it all fits right now.But here is a...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!