Business & Personal Tax Preparation for Small Businesses

Managing a business while keeping up with tax responsibilities can be challenging.

 

Royal Tax & Accounting provides business and personal tax preparation for contractors, landscapers, construction companies, service businesses, and other small businesses throughout Virginia, Maryland, and the DC metro area.

 

We help individuals and business owners organize their tax information, prepare applicable federal and state tax returns, and understand their tax filing responsibilities.

 

 

 

Business Tax Preparation

 

Business owners have different tax requirements depending on how their business is structured.

 

We prepare applicable tax returns and tax filings for:

 

  • LLCs
  • S-Corporations
  • C-Corporations
  • Partnerships
  • Sole proprietorships
  • Small businesses
  • Service businesses
  • Contractors and construction businesses

 

If you operate a contracting, landscaping, construction or other service business, keeping your business income and expenses organized throughout the year can make tax preparation easier.

 

If you use our bookkeeping services, we can work from your organized financial records when preparing your business tax return. We can also prepare applicable tax returns when you maintain your own books or use another bookkeeping service.

 

 

 

Personal Tax Preparation

 

Business owners often have both business and personal tax responsibilities.

 

We prepare individual tax returns and can help you organize the information needed for your personal filing, including income, deductions and other applicable tax information.

 

For business owners, we can also consider how your business activities and business tax filing relate to your individual tax return.

 

 

 

LLC & S-Corporation Tax Returns

 

Choosing and maintaining the right business structure can have important tax consequences.

 

We prepare applicable tax returns for LLCs and S-Corporations and can help business owners understand the tax filing requirements associated with their business structure.

 

Whether you operate a small contracting company, landscaping business, construction company or another service business, accurate financial records are an important part of preparing your business tax return.

 

 

 

Tax Services We Provide

 

Our tax preparation services include:

 

  • Personal tax returns
  • Business tax returns
  • LLC tax returns
  • S-Corporation tax returns
  • C-Corporation tax returns
  • Partnership tax returns
  • Tax filing extensions
  • Multi-state tax returns
  • Prior-year tax returns
  • Amended tax returns
  • Business and personal tax planning

 

 

 

Tax Preparation for Contractors & Service Businesses

 

Contractors, landscapers, construction companies and other service businesses can have many different sources of income and business expenses.

 

Keeping track of those transactions throughout the year can make tax preparation much easier.

 

We help business owners organize the financial information needed for tax preparation and identify the records and documentation that may be relevant to their tax situation.

 

Tax deductions and tax treatment depend on your business structure, activities, and individual circumstances. We also offer specialized tax preparation and bookkeeping services for construction businesses, independent contractors, landscapers, and HVAC businesses.

Learn more about our Landscaping Business Tax Services,  Contractor & Construction Tax Services & HVAC & Heating/Air Conditioning Tax Services.

 

 

 

How Our Tax Preparation Process Works

 

Step 1 — Provide Your Information

 

We collect the tax documents and financial information needed for your return.

 

This may include:

 

  • W-2s
  • 1099s
  • Previous tax returns
  • Business income information
  • Business expense information
  • Bank information
  • Other applicable tax documents

 

Step 2 — Send Your Documents

 

You can provide your documents through our secure portal or email.

 

We review the information and contact you if additional documentation or clarification is needed.

 

Step 3 — We Prepare Your Return

 

Once we have the necessary information, we prepare your applicable federal and state tax returns (LLC and S-Corp tax returns).

 

We review the return with you before it is electronically filed.

 

 

 

Local Tax Service for Virginia, Maryland & the DC Metro Area

 

Royal Tax & Accounting serves individuals and businesses throughout Virginia, Maryland and the DC metro area.

 

Our focus is helping local business owners stay organized with their tax, bookkeeping and accounting responsibilities.

 

If you are a contractor, landscaper, construction company, service business, small business owner, LLC or S-Corp, we can help you with your applicable business and personal tax needs.

 

Wondering whether your LLC should elect S-corporation tax treatment? Explore our LLC to S-Corporation Conversion Services to understand the election process, potential tax implications, and filing requirements.

 

Ready to discuss your tax needs? Contact Royal Tax & Accounting to schedule a consultation about your business or personal tax return.