Precision Tax + Accounting serves individuals, including wage earners, retirees, professionals, and self-employed persons, as well as small businesses such as solopreneurs and micro-enterprises across various industries. The firm supports clients locally in Maryland and nationwide through fully virtual services.
Clients can schedule appointments online via the firm's website using the integrated booking system. This allows for convenient selection of available times for virtual consultations without the need for in-person visits.
The firm offers tax preparation for individuals and small businesses, bookkeeping services including accounts payable/receivable and payroll processing, and accounting/financial reporting such as general ledger management and financial statement preparation.
Yes, the owner is a licensed tax preparer and QuickBooks Certified. The firm also holds memberships in professional organizations including the Maryland Society of Accounting and Tax Professionals (MSATP) and the American Institute of Professional Bookkeepers (AIPB).
All client interactions and document exchanges occur through a secure client portal with encrypted data transmission. The firm prioritizes data protection and privacy to safeguard sensitive financial information.
Yes, Precision Tax + Accounting operates fully online and serves clients nationwide. Remote services and virtual consultations enable clients from any U.S. location to access the firm's expertise.
Clients upload tax documents securely via the portal, after which the licensed preparer reviews the information, prepares the return tailored to the client's situation, and files it electronically. The firm also handles tax extensions and amended returns as needed.
The firm offers year-round financial support including bookkeeping, payroll, financial reporting, and ongoing tax planning to maintain accuracy and compliance beyond just seasonal tax filing.
Services include monthly bookkeeping, accounts payable and receivable management, bank reconciliations, payroll processing, expense tracking, and general ledger management to keep financial records accurate and up to date.
Financial statements, budget vs. actual reports, and compliance reporting provide clear insights into your business's financial health, enable tracking of performance against goals, and support strategic decision-making and regulatory compliance.
Precision Tax + Accounting accepts debit and credit card payments to provide convenient and secure transaction options for clients.
Yes, the firm provides a free initial review to discuss your financial needs, explain services, and identify potential benefits without any obligation.
The firm leverages over 15 years of experience with multi-state payroll and tax compliance to ensure accurate filings and adherence to the varying regulations across states for both individuals and small businesses.
Precision Tax + Accounting combines deep cross-industry experience, licensed and certified credentials, a fully virtual and secure service model, year-round financial support, and an emphasis on client education and clarity to deliver precise, accessible financial services.
Turnaround times vary depending on the complexity of your tax situation and the promptness of document submission, but the firm aims to complete individual or small business tax filings efficiently once all required documents are received.
Yes, the firm prepares amended tax returns to correct or update previously filed returns and handles tax extension filings to give clients additional time to file their returns.