Chesapeake Tax & Accounting, LLC

Our Services

If it affects you financially – either individually or in business - we can help. Our firm offers a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, high quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description.

Tax Planning & Preparation Tax Services
IRS Representation Accounting Services
Consulting Services Buying & Selling a Business
Business Succession Planning Business Valuations

 

Tax Planning & Preparation

Tax planning and preparation form a winning combination for our successful individual and business clients with the constant changes in tax proposals, legislation and regulation. Whether you are an individual with basic needs, or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.

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Tax Services

We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:

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IRS Representation

During our many years of experience dealing with numerous taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.

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Accounting Services

Providing financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis, and enable you to achieve even greater goals. Our firm provides a full range of cost effective accounting services including the following:

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Consulting Services

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following is just a few of the areas in which we provide consulting services:

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Buying & Selling a Business /Mergers & Acquisitions

Structuring any transaction or agreement properly is a critical step in the process of buying, selling, expanding or contracting a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.

Finding the right business partner for your company can be a difficult task too. We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations.

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Business Succession Planning

Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.

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Business Valuations /Banking Relations

Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. And financing your business is critical to its future success. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest, and work with you side-by-side to get the financing with the greatest advantage to your financial interest.

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