| What is an enrolled agent?
An enrolled agent is a person who has earned the privilege of
practicing, that is, representing taxpayers, before the Internal
Revenue Service. Enrolled agents (EAs), like attorneys and certified
public accountants (CPAs), are generally unrestricted as to which
taxpayers they can represent, what tax matters they can handle, and
which IRS offices they can practice before. |
Ephrain has completed the Master of Taxation
program August of 2002 at Old Dominion University. He is also required
to complete a minimum of 30 hours Continuing Professional Education
(CPE) per year.
He is an active member of The National Society
of Enrolled Agents, the Virginia Society of Enrolled Agents, and the
Hampton Roads Chapter of Enrolled Agents.
Our Specialties:
Tax Preparation
We
pride ourselves in finishing returns accurately and timely at a
reasonable price, all tax returns are prepared in- house using state
of-the-art software and high speed laser printers. We also realize that
we are working for you not the IRS. Your return is prepared taking full
advantage of all legal tax saving opportunities. The following returns
are professionally prepared:
Individual
Corporate
Partnership
Trust
Payroll tax
Sales tax
Property tax
Tax Planning
There
are several basic tax planning strategies that can be applied to both
individuals and businesses to save you money. These include shifting
income and deductions, tax deferral through qualified plans, tax
exclusion through proper investments, splitting income among family
members (such as hiring your kids to work in your business), and
structuring your affairs in order to obtain tax deductions for some
personal expenses. The best way to take advantage of these
opportunities is to consult with us before the end of the year. We will
review your current situation, offer tax savings suggestions, and
provide you with a report outlining your potential savings as a result
of our suggestions.
Tax Research
We offer
tax research to complex tax issues using the latest online services
such as RIA Research Institute of America. We also have the resources
available to investigate your complex tax issues with the goal of
legally maximizing your savings.
Representation Before IRS*
If
your returns are audited we offer several options. We can organize your
case and meet with the tax authorities on your behalf, or we can help
you organize your information so you can represent yourself. In most
cases we recommend full representation by us.
* Additional fees may apply
Computerized Accounting Systems
Providing
accounting solutions for small businesses is one of our specialties.
You can get more meaningful information and save time and money in the
process. First, you need to maximize the use of computer technology by
using software that is easy to learn and apply. Second, you need
professional assistance to help set up your books, train you and your
staff, and provide ongoing support. Your accounting data file can be
transferred to our computer via floppy or email, for review and
adjustment, then returned to your computer when complete.
We
support QuickBooks and QuickBooks Pro accounting software. These
programs provide fully integrated general ledger, accounts receivable,
account payable, online banking, inventory, job costing, estimating,
time tracking, extensive financial reporting and more. They are
suitable for small to medium size businesses, very easy to use, and
offer the best value in small business accounting packages today. Click
here to learn more about QuickBooks or buy QuickBooks products and
services at our exclusive discount prices.
Bookkeeping Services
For
those of you who do not want to spend time keeping your accounting
records, we can minimize your involvement by providing complete
bookkeeping services. These services are processed on our computer
system and tailored specifically to your needs. They can include:
Processing your cash receipts and disbursements
Bank reconciliations
Detailed general ledger
Depreciation schedules
Payroll processing
Sales tax preparation
Food & beverage tax preparation
Loan amortization schedules
Monthly financial statements
City business licenses
Business personal property filing
Click here for a complete list of services.
