Notes · From the office
Short notes on tax, payroll and running a business in Virginia.
These are written by the people who prepare the returns, and each one answers a question clients ask us.
- Small-business tax2 min read
Quarterly estimated tax, who has to pay it and when
Who needs to make estimated tax payments to the IRS and Virginia Tax, when they're due, and how to avoid the underpayment penalty.
- Small-business tax3 min read
Sole proprietor or S-corp, and what changes for your taxes
How taxes work for a sole proprietor and for an S-corp owner in Virginia, what the S-corp election costs to run, and when we suggest looking at it.
- Personal taxes2 min read
What to bring to your tax appointment
The documents we ask for at a personal tax appointment in Midlothian, why each one matters, and what happens if something is missing.