Accounting





Businesses

 We offer a hands-on approach so that you understand what we’re doing with your accounting and taxes and we understand your business. If your are just starting out we can help you figure out what steps to take and educate you so you know not just your business, but business in general. We will work with you to help you figure out how to set up your business, decide if incorporating is best for you, set up your accounting system, and will train you in using your accounting software. We also offer a complete range of bookkeeping services depending on how much or how little will fit your needs.  Prior to the end of the year we will sit down together and do some tax planning.  We help you to maximize profits and minimize taxes so you can keep what you earn. 

Associations

We work with associations to manage your accounting records and provide help with budgeting and financial reporting, filing of Federal, state, a local tax returns.  We offer a complete range of bookkeeping services to with monthly financial reporting.  We assist you in preparing budgets so you can determine if you are within your projections. 

We can prepare your application for tax-exempt status with the Internal Revenue Service.

If you own real estate we can show you how to avoid the gross receipts tax on your rental income.



Contact John J. Wallace with any questions or comments about this site at 
or (703) 992-9650