Tax Preparation & Planning

    Tax Preparation & Planning Services

    Our CPAs prepare individual, S-Corp, LLC, partnership, and C-Corp returns while proactively identifying deductions and credits you may be missing. We handle multi-state filings, quarterly estimates, and year-end planning so you can focus on growing your business.

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    Free initial consultation · No obligation

    • Best for business owners, partnerships and multi-state filers
    • Licensed CPA firm
    • Fees quoted upfront, in writing

    Who prepares business and individual tax returns?

    Your Virtual CPA is a licensed CPA firm that prepares S corporation, partnership, C corporation and individual returns, including multi-state filings, and plans taxes during the year. We focus on businesses, nonprofits and the owners behind them. Request a free consultation to talk through your returns.

    What's Included

    Individual tax returns (Form 1040)
    S-Corp returns (Form 1120-S)
    C-Corp returns (Form 1120)
    Partnership returns (Form 1065)
    LLC tax elections and filings
    Schedule C for sole proprietors
    Quarterly estimated tax payments
    Multi-state tax return preparation
    Year-end tax planning strategies
    Entity structure optimization
    State and local tax (SALT) planning

    Who This Is For

    Solopreneurs & Freelancers

    You earn self-employment income and need help maximizing deductions, estimating quarterly payments, and staying compliant with Schedule C or single-member LLC filings.

    S-Corp & LLC Owners

    Your business has grown beyond a side hustle. You need reasonable compensation analysis, distribution planning, and coordinated business and personal returns.

    Multi-State Businesses

    You have employees, customers, or nexus in multiple states and need a CPA who understands apportionment, varying filing requirements, and state-specific credits.

    Businesses Behind on Filings

    You have one or more years of unfiled returns and need a firm that can prepare back-year filings efficiently while helping you get current and avoid penalties.

    Our Process

    1

    Initial Tax Conversation

    We review your prior returns, current situation, and goals. You walk away with a clear understanding of your tax obligations, potential savings opportunities, and an exact quote for our services.

    2

    Document Collection & Organizer

    We send you a customized tax organizer so nothing gets missed. Our team reviews your documents as they come in and follows up on anything that looks incomplete or inconsistent.

    3

    Preparation & Review

    Your return is prepared by an experienced staff accountant and reviewed by a CPA. We contact you before filing to walk through key numbers, explain any tax-saving elections, and answer questions.

    4

    Filing & Ongoing Support

    We e-file your returns and provide quarterly estimated payment vouchers. Throughout the year, we are available for tax questions, entity planning discussions, and mid-year projections to avoid surprises.

    Why Choose Your Virtual CPA

    Licensed CPAs with experience across industries
    Fees quoted upfront, in writing, before work begins
    Proactive tax planning included, not just compliance
    Electronic document exchange and e-signatures
    Year-round availability for questions between filings
    Experience with S-Corp elections, entity restructuring, and multi-state nexus

    Frequently Asked Questions

    Your fee depends on the complexity of your situation, including the number of states, rental properties, and business entities involved. We quote it in writing after a short call, before any work begins.

    An S-Corp election can save you significant self-employment tax if your net income consistently exceeds $50,000 to $60,000 per year. However, it also requires running payroll, filing a separate business return, and maintaining reasonable compensation. We analyze your specific numbers during our consultation to determine whether the tax savings outweigh the additional compliance costs.

    For individuals, we need all W-2s, 1099s, mortgage interest statements (1098), property tax records, health insurance forms (1095-A/B/C), and records of deductible expenses. For businesses, we also need a profit and loss statement, balance sheet, and depreciation schedules. Our tax organizer walks you through everything specific to your situation.

    Yes. We prepare the state returns you need, including DC, Virginia and Maryland, for the states where you live, work or own property. If you live in one state and work in another, have rental property in a different state, or run a business with customers or employees across state lines, we ensure proper allocation and apportionment while claiming all available credits for taxes paid to other states.

    Related Services

    Bookkeeping & Accounting

    Clean books make tax season painless. Monthly reconciliation and financial statements prepared for your return.

    IRS Tax Resolution

    Owe back taxes or received an IRS notice? We negotiate installment agreements, offers in compromise, and penalty abatement.

    Virtual CFO Services

    Go beyond compliance with strategic forecasting, cash flow planning, and tax-optimized growth strategies.

    Serving clients nationwide

    Virtual CPA services for clients anywhere in the U.S. Local tax guides:

    Washington DCMarylandVirginia

    Ready to talk it through?

    Schedule a short call to discuss your tax preparation & planning needs.

    Send a messageFree consultation