Tax Preparation Services

This is for you if: You receive a W-2 from an employer and have no self-employment income, rental property, or investment sales. You may also have interest income, student loan interest, or education credits.

We prepare your full federal and state Form 1040 with the standard deduction, review every applicable credit, Earned Income Credit, Child Tax Credit, education credits, and apply all OBBBA 2025 provisions including the $6,000 senior bonus deduction (phases out for MAGI above $75,000 single / $150,000 joint), the new deduction for qualified tip income (up to $25,000, effective 2025-2028), and the new deduction for qualified overtime pay (up to $12,500 single / $25,000 joint, effective 2025-2028). E-filing and IRS confirmation included.

This is for you if: You own a home, made significant charitable donations, paid high medical expenses, or paid substantial state and local taxes, and you want to know whether itemizing beats the standard deduction.

We prepare your full Form 1040 and Schedule A, then run a side-by-side standard vs. itemized deduction analysis using the OBBBA's expanded SALT cap ($40,000 for AGI under $500,000). You claim whichever approach saves you more. Mortgage interest, property taxes, charitable contributions, and qualifying medical expenses are all reviewed. Federal and state returns included.

This is for you if: Your only or primary income is from self-employment, you run your own business full time, work as a freelancer, independent contractor, or gig worker, and you do not have a separate W-2 job. (If you have both, see the Bundle below.)

We prepare your Form 1040 with Schedule C, calculating every allowable deduction: business expenses, home office (Form 8829), vehicle mileage, equipment, software, professional fees, and phone/internet. Self-employment tax is computed on Schedule SE, and we apply the permanent 20% Qualified Business Income (QBI) deduction under Section 199A automatically. Federal and one state return included.

This is for you if: You have a W-2 job and a side business, freelance income, or single-member LLC. Both income streams must be reported on the same return, and the interaction between them affects your tax bracket, SE tax, and QBI eligibility.

We prepare your complete Form 1040 with Schedule C, reconciling your W-2 and self-employment income together. We calculate self-employment tax (Schedule SE), optimize the 20% QBI deduction, apply all earned income credits, and ensure your side business deductions are fully captured. This is the right tier for federal employees with consulting work, nurses with Etsy shops, or any dual-income household. Federal and one state return included.

This is for you if: Your tax-exempt organization has gross receipts under $50,000. Filing the 990-N annually is required to maintain exempt status, missing three consecutive years triggers automatic revocation by the IRS.

We verify your organization qualifies for the e-Postcard, prepare the filing, and e-file directly with the IRS. Your exempt status is protected and your compliance record stays clean. Preparation and e-filing confirmation included.

This is for you if: Your organization is tax-exempt under Section 501(c) with gross receipts under $200,000 and total assets under $500,000. The 990-EZ requires full financial disclosure and is substantially more involved than the 990-N e-Postcard.

We prepare the complete Form 990-EZ with all required schedules, conduct a compliance review, and e-file directly with the IRS. Your tax-exempt status is protected, your board is satisfied, and your compliance record stays clean. Preparation, review, and e-filing confirmation included.

This is for you if: You are starting a business and want a properly formed LLC, not a DIY filing that misses critical steps or leaves tax elections unaddressed.

We handle your state Articles of Organization filing, obtain your Employer Identification Number (EIN) directly from the IRS, and advise on your initial tax classification election. Your LLC is legally registered, tax-ready, and positioned to claim the permanent 20% Qualified Business Income deduction under OBBBA from day one. Personal asset protection and business credibility from the start.

Note: Virginia state filing fee ($100) and any registered agent fees are separate and payable directly to the Commonwealth, not included in the preparation fee.

This is for you if: Your self-employment income is significant, your deductions are complex, or you have depreciable assets, multiple income streams from the same business, or prior-year carryforward items that need to be tracked.

We handle everything in the standard Schedule C tier plus Section 179 expensing elections, bonus depreciation analysis, depreciation schedules across multiple asset classes (Form 4562), estimated quarterly tax planning for the following year, and SE tax minimization strategies. If your books are clean and delivered, we turn this around efficiently. If they are not, the catch-up rate applies separately. Federal and one state return included.

This is for you if: You own one or more residential or commercial rental properties and need to report rental income, claim depreciation, and navigate passive activity loss rules correctly.

We prepare Schedule E with full depreciation schedules (Form 4562), apply passive activity loss rules and determine carryforward amounts, allocate mortgage interest and property expenses accurately, and maximize allowable deductions on each property. Getting depreciation wrong costs you money every year, we make sure it is calculated correctly from the first filing. Covers up to two properties; each additional property is $95. Federal and one state return included.

This is for you if: Your business is structured as an S-Corporation or multi-member partnership and requires a separate entity tax return distinct from your personal Form 1040.

We prepare Form 1120-S (S-Corp) or Form 1065 (Partnership) and issue Schedule K-1s to each shareholder or partner. S-Corp engagements include reasonable compensation analysis, one of the most frequently scrutinized items in S-Corp IRS examinations, plus shareholder basis tracking and distribution planning. All returns are prepared using Drake Tax professional software. Pricing is based on the number of owners, states, and transaction volume. Contact us for a fixed-fee quote before engagement begins, no surprises.

This is for you if: You lived in more than one state, worked remotely for an employer based in another state, or earned income across state lines during the tax year.

Each additional state return includes income allocation and apportionment analysis, a credit for taxes paid to other states to avoid double taxation, and a residency review to determine part-year vs. full-year filing requirements. This add-on applies to any base package and is especially relevant for remote workers, active-duty military, federal employees who relocated, and frequent interstate contractors. Priced per additional state beyond the one included in your base package.