Closely-Held Businesses

An audit for your organization can provide extremely valuable information about your business. Not only can you have a better understanding of your financial position, how your business operates, uses cash and assumes risk, but you can also pinpoint areas where you may be lacking in institutional control, operational efficiencies or regulatory compliance.

Benefits of regular audits can include improved interest rates, increased protection from risk and legal liabilities, and access to more capital.

  • Financial Statement
    • Audits
    • Reviews
    • Compilations
  • Tax Return Planning & Preparation
BSB_2023 Year End Tax Planning for Businesses

2023 Year End Tax Planning For Businesses

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It is important that businesses and business owners review your tax and financial plans at year end. While there has been minimal tax legislation passed, the potential for change is…
BSB_2023 Year End Tax Planning for Individuals

2023 Year End Tax Planning for Individuals

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As we wrap up 2023, it’s important to take a closer look at your tax and financial plans and discuss steps to reduce taxes and help you save for your…
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Latest Tax Changes from Virginia Department of Taxation’s September Special Session

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The Virginia Department of Taxation recently released their updated 2023 Legislative Summary, which details the state and local tax legislation enacted during the 2023 Special Session held on September 6,…

Virginia Switches to Rolling Conformity Beginning With Tax Year 2023

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On April 12, following a special one-day reconvene session of the Virginia General Assembly, Gov. Glenn Youngkin signed S.B. 1405 to change Virginia’s method of conformity with the Internal Revenue…