Our tax services are built for small business owners and self-employed individuals.
Small business tax specialists who deliver savings and peace of mind
We provide maximum savings, accurate taxes, full peace of mind, and year-round support—all made simple.
Simplifying Small Business Taxes
We manage every detail, providing expert strategy and simple, stress-free filing.
Accurate Filing & Tax Savings
We offer personalized tax strategy and accurate filing to ensure your small business legally maximizes savings while gaining total peace of mind.
Your Dedicated Tax Experts
Get personalized support from our experienced tax professionals who specialize in managing complex small business taxes and regulations.
We Manage All Filing Details
Our expert team handles every step of the tax process, from paperwork to submission, freeing up your valuable time and eliminating hassle.
Year-Round Tax Support
Receive ongoing, year-round assistance from our specialists for any tax questions, audit concerns, or confusing IRS letters you receive locally.
Book a free 30‑minute consultation with one of our tax advisor to see how much you can save.
Get more convenience and savings by bundling tax prep with full accounting and financial services.
Tax Strategy Planning
We design legal tax-saving strategies for self-employed professionals like therapists and doctors.
More About Tax PlanningBookkeeping
Monthly bookkeeping provides organized finances and managed cash flow, guaranteeing a smooth, easy tax season.
More About Our BookkeepingPayroll Service
Our expert team handles all your small-business payroll, saving you significant time and strategically turning payroll into a tax-saving tool.
Find Out More About Our PayrollS-Corp Election
Get your S-Corp election done right with fast, accurate, and secure Form 2553 filing, even for late submissions.
Company Registration
An LLC isn’t always the best tax move. We help you pick the right company structure that fits your startup.
Streamlined small business tax filing process
On-time tax filing for small businesses and owners together. Clear and responsive process make the tax season stress-free.
Affordable service for everyone
Clear and fair pricing for your business size – Our fees pays itself in tax savings.
Maximize deductions
Our catch-up or monthly bookkeeping categorizes all your business expenses. We make sure you don't forget any tax deductions.
Tax credit discovery
With our tax experts in your corner, you will not miss any qualifying tax credits. Keep the money in your business.
Your All-in-One Accounting Firm for Tax, Licensing, and Compliance
Accurate 1099 and NEC/MISC Filing
We ensure full compliance by accurately reporting all required payments to independent contractors, rent, and other payments using the correct 1099 forms (NEC/MISC).
Full Audit Defense & Relief
Our specialists provide expert representation during IRS and sales tax audits, along with setting up installment payments and resolving back tax issues.
Research & Development Tax Credit
We help eligible small businesses identify and claim the valuable R&D tax credit to substantially lower their federal and state tax liabilities.
Accurate Business Property Tax
We handle the complex filing of your tangible business personal property tax return, ensuring accuracy and full compliance with state and county regulations.
Local Sales Tax Compliance
We manage all aspects of your sales tax, including identifying local responsibilities, registering accounts, and filing returns accurately and on time to ensure full compliance.
Local Business License Compliance
We simplify business operations by managing all necessary state and local licensing, renewals, and compliance requirements so you can focus on running your business.
LLC & Corp Annual Compliance
We ensure your LLC or Corporation maintains Good Standing with state commissions by managing all required annual reports and regulatory compliance filings.
FQA: Common Small Business Tax Questions & Answers:
What is the deadline for filing small business taxes in Fairfax, VA?
Answer: The primary deadlines depend on your structure. Most S-Corps and Partnerships file federally by March 15th, while Sole Proprietors and C-Corps typically file by April 15th. We help local businesses in Fairfax, VA meet all federal and Virginia state deadlines to avoid penalties.
How can my small business legally minimize its tax liability in Virginia?
Answer: The key to minimizing taxes is diligent tax strategy and accurate deduction tracking. This includes maximizing write-offs, choosing the optimal structure (like an S-Corp), and planning year-round. Our tax specialists focus on these strategies to ensure maximum savings for your Fairfax business.
As a sole proprietor, what is the best way to handle quarterly estimated taxes?
Answer: Sole proprietors (and independent contractors) must pay estimated quarterly taxes (Form 1040-ES) if they expect to owe over $1,000. We manage accurate cash flow forecasting and timely payment for local Fairfax self-employed professionals to help prevent underpayment penalties with the IRS and the VA Department of Taxation.
What expenses can I legally deduct as a small business owner in Northern Virginia?
Answer: You can deduct all ordinary and necessary business expenses. Common write-offs include office supplies, vehicle mileage, rent, and wages. We specialize in identifying often-missed deductions like the home office deduction and equipment under Section 179 for businesses in Fairfax County.
Should I elect S Corporation status to save on self-employment taxes?
Answer: Yes, often. S Corporation election can significantly reduce your self-employment tax burden by allowing you to pay yourself a reasonable salary while taking remaining profits as distributions. Our expert team provides S Corp strategy and filing specifically for Virginia small businesses.
What records do I need to keep to prepare my business tax return accurately?
Answer: You must keep detailed, organized records of all income and expense receipts, bank statements, and mileage logs for a minimum of three years. Our comprehensive bookkeeping services ensure Fairfax clients have complete documentation for guaranteed tax accuracy and peace of mind.
What is the difference between a 1099 independent contractor and a W-2 employee?
Answer: The distinction lies in control: W-2 employees are controlled by the employer, while 1099 contractors manage their own work and pay self-employment tax. Correct classification is vital, and we manage accurate 1099 filings for local Fairfax businesses to avoid penalties.
What should I do if I receive an official tax notice or IRS letter in Virginia?
Answer: Do not ignore it. Contact your tax professional immediately. We offer year-round support and full audit representation for businesses in the Fairfax Metro Area, handling all communication with the IRS or the VA Department of Taxation.
Can I deduct health insurance premiums as a self-employed individual?
Answer: Yes, if you are not eligible for an employer-subsidized plan, you can generally deduct 100% of your health insurance premiums as an Above-the-Line Deduction (Self-Employed Health Insurance Deduction) to lower your taxable income.
How can I ensure my small business stays compliant with all state and local taxes?
Answer: Compliance requires expert oversight of Virginia sales tax nexus, Fairfax County business license renewals, and accurate payroll filings. Our all-in-one firm ensures comprehensive compliance across all tax, licensing, and regulatory requirements for businesses operating in Northern Virginia.
Serving small businesses all over the US
NumberSquad is an online Small Business Accounting firm. We file small business taxes across the US and locally in DMV area.
Our office locations:
Fairfax, Virginia Office
10455 White Granite Dr
Suite 425
Oakton, VA 22124
(Main Office)