Tax Planning

TAX PLANNING STRATEGIES


Quality Tax Planning


Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax-saving strategies to maximize your after-tax income.

GET STARTED

TAX PLANNING STRATEGIES


Quality Tax Planning


Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax-saving strategies to maximize your after-tax income.

GET STARTED

Free Initial Tax Analysis


  • We review prior tax returns, current financials, and your interview responses.
  • We spot mistakes and missed opportunities in your current "way"

Step 1

15 Minutes

Time to meet, discuss taxes, and their business

Step 2

$12,000 +

Average Tax Plan Savings Per Year

$12,000 +

Average Tax Plan Savings Per Year

Discuss the Cost of Missed Tax Opportunities


  • You find out how much you spend in unnecessary tax dollars every year.

Decide if Proactive Tax Planning is Worthwhile


  • You will receive a planning project fee quote.
  • If tax saving potential is significant, we move forward with planning.
  • If tax saving potential is low, there is no need for planning.

Step 3

Over 400% Return

Average return on investment (ROI)

on the tax planning fee

Step 4

Less Than 90 Days

Average days to recover a tax planning investment

Less Than 90 Days

Average days to recover a

tax planning investment

Hold Planning Session(s) to Review the Plan


  • You hear every recommendation we can find for you.
  • We discuss the pros and cons of each idea, and the potential tax savings.
  • We select which ideas to keep, and which to pass on.

Implement the Plan!


  • Putting the plan into action is where the savings come from!
  • Immediate tax savings from quick implementation of short term ideas.
  • Longer term ideas are monitored until ready to implement.

Step 5

Action

The key is planning - implementing

ideas lock in tax savings


We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars.

Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.


What we Offer

Stay up to date with  tax changes.

Avoid surprises and mistakes.


Subscribe for weekly updates and tips that make your finances simpler.

GET WEEKLY TAX TIPS
By Tax Resolution Accounting 08 Aug, 2022
Summer is coming to a close and the back-to-school advertising blitz is underway. Hidden in some of those school expenses are tax deductions you can take advantage of. Here are some ways you can save.
Tax liability
By Tax Resolution Accounting 04 Aug, 2022
With much higher standard deduction amounts, those who do not itemize think there are no longer ways to reduce your taxes. Since mid-year is a good time to review great tax reduction ideas, here are some reductions to consider that will help lower your tax liability.
By Tax Resolution Accounting 25 Jul, 2022
Take a look at the new Health Saving Account limits to help you plan now for 2023 contributions.

Tax Resolution Accounting is here to help you

Tax Resolution Accounting is a tax resolution & accounting firm employing licensed representatives authorized to practice before the Internal Revenue Service. If you are looking for a tax resolution, tax preparation, or bookkeeping services, our firm can help you while making sure to provide that best client care possible. We care about you and look forward to working with you

One-stop shop for tax services

Tax Resolution Accounting provides clients with outstanding results-driven tax resolution services. We have experienced tax representatives that have worked with individual taxpayers and small business owners to successfully resolve their IRS and State tax liability problems. Tax Resolution Accounting provides peace of mind, top-notch client care, & integrity when working with clients to get them the best solution to their tax debt problems.

GET RELIEF

One-stop shop for tax services

Tax Resolution Accounting provides clients with outstanding results-driven tax resolution services. We have experienced tax representatives that have worked with individual taxpayers and small business owners to successfully resolve their IRS and State tax liability problems. Tax Resolution Accounting provides peace of mind, top-notch client care, & integrity when working with clients to get them the best solution to their tax debt problems.

GET RELIEF

We've got it all covered

Tax Resolution Accounting is here to help you with any tax or accounting problems you may have.

With our expertise and know-how, we'll help you save money, reduce stress, and focus on your real priorities. 

  • ITIN
  • Tax Questions

    Got a question? We’re here to help.

    • Can you tell me more about your company?

      Tax Resolution Accounting, a professional and friendly accounting firm located in Lynchburg. We offer professional tax resolution,  business and personal tax preparation, accounting services , bookkeeping, and more to clients all across the state of Virginia. No firm in Virginia offers you better service for all of your tax prep, business and personal financial service needs than Tax Resolution Acccounting, no one!

      Tax Resolution Accounting provides a personal approach to tax preparation services. Doing your taxes is not only a hassle, it can be downright nerve wracking. Do you have a complicated income? A ton of assets to list? Or do you simply—and reasonably!—feel overwhelmed at the thought of filling out a mountain of tax paperwork? We have a proven track record of successfully serving small businesses, individuals, and non-profit groups for years. We also provide many specialized business services. Tax Resolution Accounting offers tax preparation and filing services at the highest standard of quality to give you the best possible outcome on your return and keep you in good standing with the IRS. Our accountants, IRS Enrolled Agents, and Tax Attorneys offer one-on-one guidance to help you through your tax preparation and more! Tax Resolution Accounting has the expertise you’re looking for whether you’re filing taxes, running your business, or protecting you from aggressive State or Federal Tax Auditors. 


    • What Is Tax Resolution?

      Tax resolution is the process of working with the IRS and tax professionals to find a solution to your tax problems. The IRS might have an issue with your tax return or tax situation for a few reasons. If you have a complicated tax return, for example, the IRS might audit you to verify you are reporting the appropriate amount of income and claiming legitimate deductions. In some cases, the IRS might believe you have underreported your income, and it might want to take a closer look at your tax situation.

    • Why do I need an experienced tax professional or CPA?

      A CPA is the professional you need when taxes and business financials are concerned. A CPA will ensure that your taxes are filed correctly and on time, so you don’t have to worry about it. There are so many technicalities involved with tax preparation that it can be easy to miss something important or fill in information incorrectly. When you hire a CPA, those mistakes won’t be made, because we are specially trained to look for these mistakes and not make them. You can rest assured that your forms will be filled out correctly.

      But having someone to files your taxes isn’t the only reason to hire a CPA. They are eligible to represent you before the IRS in the case of an audit. Additionally, a CPA acts as your trusted advisor when making business and individual financial goals. The professionals at Tax Resolution Accounting help you plan for your financial success. Call us at 434-338-7149 to be connected with our office so we can discuss how our team can serve you.


    • How will Tax Resolution Accounting help my business?

      Having a CPA, such as those at Tax Resolution Accounting, is essential for businesses of all types, from the newest small business to the largest corporation. Even if your business didn’t make a profit or took a loss, you are still required to file your taxes. Your CPA will request that you get your paperwork as organized as you can. Gather receipts and information and have it organized by expense categories. Summarize records and double check your invoices and expense totals. If you have employees, have their payroll information gathered together. Depending on your business size or level of complication of your return, your CPA will outline the things you need to present to them in order for your taxes to be filed. Regardless of the records you need to bring, we will help you have things organized so that when it comes to filing your taxes, you won’t have to lift a finger.

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