Tax Services

When it comes to the world of taxes, preparation and planning go a LONG way. We have the expertise and knowledge you are looking for in a tax professional and can help you navigate your options.

We’re happy to help you with any of these services:

Tax Preparation

Stop missing out on potential deductions that could be saving you big money!

Tax Planning

Real strategies and solutions to help you minimize your IRS liability.

Happy Thanksgiving 2019 from Virginia Accounting Services to you and yours

Re: 1099-MISC late filingBusiness owners and Rental Property Clients, please be aware that a form 1099-MISC must be filed with the IRS and given to any non-employees to whom you paid at least $600 or more during the tax year. The only exception applies to...

A Note on the Coronavirus for Hampton Roads Families

As COVID-19 snakes its way through the world, what's becoming clear to me is that ... well, not much is clear.From death rates (relying upon shaky data from totalitarian regimes), to spread rates, to proper precautions -- you can find an article from a...

The New Stimulus Bill Has Huge Impacts For Hampton Roads Businesses

Some huge news is happening for Hampton Roads business owners, that I'm sure you've heard rumors about, so I wanted to reach out to you quickly with some first-blush details.I also wanted to offer this:If you have business associates or friends who need help ensuring...

Five Ways To Get Small Business Help Right Now For Your Hampton Roads Business

I'd like to simplify things for you today.There is so. much. noise. right now about how to survive (even thrive) in the midst of this very difficult season."Pivot" they say.And yes, if you are running a business, these times call for a bit of a shift. Only a very...

How to Stop Wasting Time in your Hampton Roads Business

With all of the talk of quarantines, panic, and medical opinions flying faster than sports takes, there are so many unique, emotional temptations for us to give into these days.First, there's the fear. Clearly, I'm a tax accountant -- not a doctor -- so my advice here...

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...

COVID-19 Updates For Hampton Roads Business Owners

How are you holding up? If you haven't yet done so, please do shoot me a quick note to let me know how your Hampton Roads business is managing.Depending on the situation, I have lots of ways to help ... some of which I'll give you details about today.I will continue...

A Few More Common Marketing Mistakes Made By Businesses

Seeing what has happened in our nation's fourth-largest city has been a sobering reminder of the fragility of life, and business. It's helpful to be reminded that threats and disasters can (and do) strike from directions that you might least expect. And while this is...

Hey Hampton Roads Business Owners, Do You Understand The Value of Time?

How are you and your Hampton Roads business hanging in there these days? I'd be interested in what kind of revenue you're managing (unless you've already given us visibility into your books -- I can see for myself).Shoot me an email, and let me know. I might have some...

Three Keys To Shorter Meetings For Your Business

Last week I wrote about working less and testing the 80/20 hypothesis for your Hampton Roads Area business work cycle. I'd love to know if you had a chance to consider putting this into practice, send us an email using the email icon at the top right-hand corner of...

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!