Herndon CPA is your small business accounting tax and forensic investigation firm.  More than an accounting professional, we own our own small capital and labor intensive business (a direct-to-consumer dairy – Pleasant Meadow Creamery), so we understand the business of business.  With this vital experience, we can help you in ways not many other accountants can.

As a small business owner, you are probably very busy doing what you do best.  You are an expert in what you do.  On top of that, you have the demands of your family and your life.  Keeping your books, paying your employees, and complying with the myriad of tax laws and other laws can eat your time and sap your productivity.

We are here to help.  Since this is what we love doing, and it is our expertise, we can be a cost-effective, time freeing alternative to help you focus on what you do best.

Forensic Investigation

If you find yourself in a lawsuit, an employee dispute, a probable theft situation, or any other incident that requires careful investigation of accounting information, analysis, and reporting, we can help.

Furthermore, we can provide expert witness services.

Bookkeeping and Accounting

Whether you are a start-up business, a growing business, or a mature corporation, Herndon CPA has the expertise to help you.  Through prompt and timely service, along with an intimate knowledge of rules and regulations, we can keep you ahead of government deadlines, maintain order in your internal financial systems, and reduce the headaches that come with owning a business.

Let Herndon CPA do your monthly bookkeeping and payroll at a fraction of the cost of what would be a full-time or part time employee for your business.

Our talented team is experienced with all the major accounting software programs.  We perform vital accounting functions, such as accounts payable/receivable, payroll, general ledger accounting, bank reconciliations, financial statement preparation and financial analysis.

When you retain our services, we make it a priority to learn your goals and operations. Based on our experience, we can easily identify opportunities for more effective tax planning, improved internal controls, and other areas that will make your business more profitable.

Payroll

Whether you have one employee or many, we can run your payroll.  This includes tax deposits, quarterly reports, and other areas of compliance.  This gets your employees paid while you can focus on what you do best – running your business.

Tax Return Preparation and Planning

Herndon CPA is committed to helping you minimize your tax burden and maximize your business profitability and success.

Business entity types include partnerships, S corps, C corps, non-profits, and sole proprietorships.

We especially want to help you plan your tax strategies, not just prepare your returns.  We want to take best advantage of both federal and state tax code to ensure your success and prosperity.

Business Formation

Many business owners formed LLCs or some other entity as a result of using Google, or asking a friend.  You may or may not have made a good choice.

We can help you decide what business entity type is right for you, both from a legal and a taxation standpoint, and then we can help you form or re-form your business.

Business Disposition

Eventually, you may want to sell your business, or transition it to the next generation.  We can help with that by determining your basis in the business, and determining a fair market value for your business either for a sale or a generational transfer.

IRS problem solving

Eventually, you may find something has not gone quite right with a filing in your past or a strategy that was taken.  Perhaps you have been selected for audit.  We are here to help you solve your IRS problems, including acting as your representative before the IRS.

We can help to straighten IRS record problems, amend prior tax returns, abate penalties, lift tax liens, and help you move forward in your business without these problems causing you worry and concern.

State tax

It isn’t just the federal government that must be reckoned.  Frequently states can cause even greater compliance headaches than the IRS.  We specialize in working with the state taxing authorities in numerous states.  Let us help you resolve issues with these agencies and help you stay in compliance.

Contact us to find out how we may help you with your small business accounting tax and forensic investigation needs.