August 12, 2016 (Powerhomebiz.net) Geddes & Company, PC, a Fairfax accounting firm firm founded in 1990, provides accounting services to a wide-range of clients in the D.C. metropolitan area. The professional Fairfax accountant of the firm has recently updated the organizational website at https://www.geddescpa.com to include more informational blogs on business accounting and IRS arbitration and mediation. These blogs are designed to help inform business owners on what they need to do in certain accounting and tax situations.
Businesses have a lot to worry about when attempting to keep accurate books and when trying to best prepare for tax season. Geddes & Company’s website has been expanded to include a blog series for small business owners in the Fairfax, VA area. Some of these highlighted resources include blogs on:
– Bookkeeping for Small Business
– Cash Flow for Small Businesses
– Accounting Guide for Startup Businesses
– Tax Strategies to Help Small Businesses Save
– Accounting for Professional Services.
These informative blogs are beneficial because they provide a wealth of useful information for local business owners so they can keep growing and ultimately become more successful over time. Geddes & Company’s business accounting services include the following professional CPA services:
– Business Succession Planning
– C-Corporation Returns
– Depreciation and Amortization Schedules
– New Business Formation
– Partnership Returns
– Payroll Preparation
– Payroll Taxes
– S-Corporation Returns
– Small Business Accounting Services
– Strategic Business Planning
– IRS arbitration and mediation
Geddes & Company, PC can help handle IRS Mediation and Arbitration, the two programs the IRS offers for resolving tax disputes.
Most often, Voluntary Binding Arbitration applies to cases concerning the negotiations for the payment of back-taxes, disputes about valuations, and issues with claimed deductions and credits. A federal tax court presides over the arbitration proceedings.
The purpose of an IRS Mediation is to reconcile the tax issue at hand, allowing both parties to find a mutually agreeable outcome. For IRS mediation proceedings, a neutral mediator works to reconcile disputes between both parties, and the outcome is generated by compromise and discussion on the part of all parties involved. Mediation is a means to resolve tax disputes outside of court, however, it cannot be used to delay a trial proceeding.
Businesses or individuals can consult with the professional accountant by calling Geddes & Company, PC at 703-774-9541, or by sending a message online at https://www.geddescpa.com today to learn more. Consultations are offered via phone or at the firm’s office location at 9695 Main Street, Fairfax, VA 22031.
About Geddes & Company, PC :
Geddes & Company, P.C. has been serving residents and businesses of Northern Virginia for over 25 years. The firm’s reputation of excellence in the areas of personal tax services, business tax services and accounting matters continues to become stronger each year. For more details visit https://www.geddescpa.com.
Address : 9695 Main Street
United States – 22031
Phone Number : 703-477-3182