Accounting and Bookkeeping Services in Virginia

1-800Accountant, America’s leading virtual accounting firm for small businesses, streamlines all your complex bookkeeping and accounting tasks with integrated services designed to enhance and propel your small business's growth in Virginia.

400% ROI*
From small business services on average
25 Hours*
Saved during tax preparation
1 Million+*
Consultations delivered

Our Accounting Services for Virginia Small Businesses

Business Tax Preparation: Have your taxes prepared and filed by a CPA who specializes in your industry. Entrust the complexities of Virginia tax preparation to our CPAs, who have more than 17 years of experience on average, so you can enjoy peace of mind about your business tax situation and save thousands annually.

Bookkeeping: Reinforce your financial stability and oversee your cash flow with meticulous, error-free bookkeeping done for you that saves time and offers critical data-driven insights. This comprehensive work equips you with the ideal tools for data analysis with easy-to-understand reporting, enabling your accountant to create indispensable financial models.

Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps minimize your business tax liability in Virginia throughout the year while ensuring compliance.

Payroll: Save hours each pay period with our efficient payroll service handled for you with regular tax submissions to the state, giving you the freedom to concentrate on other business initiatives.

Business Formation: Benefit from formally establishing your business in Virginia with our complimentary incorporation service. You only cover the state fees, and we manage the rest. This puts you on a path to hiring employees, opening a business bank account, and achieving an optimized business tax structure for maximum savings.

Our Accounting Services for Virginia Small Businesses
Virginia Corporate Tax Rates, Brackets, Due Dates, and Renewals

Virginia Corporate Tax Rates and Brackets

Corporate Tax RateCorporate Tax Bracket
6.0%$0

When Do You Have to File Business Tax Returns in Virginia?

Partnerships Due Date - Annual ReturnsC-Corp Tax Due Date - Annual ReturnsS-Corp Tax Due Date - Annual Returns
The 15th day of the fourth month after fiscal year endThe 15th day of the fourth month after fiscal year endThe 15th day o f the fourth month after fiscal year end

LLC Renewal Dates and Fees in Virginia

How Often Do You Have to Renew Your LLC?LLC Formation Filing FeeLLC Yearly/Biennial Filing Fee
Annually$100$50

Virginia - Individual Tax Rates, Brackets, Exemptions, and Deductions

Single Filers - Virginia Tax Rates and Brackets

Single Filer RatesSingle Filer Brackets
2.00%$0
3.00%$3,000
5.00%$5,000
5.75%$17,000

Single Filers - Virginia Exemptions and Deductions

Standard Deduction (Single)Personal Exemption (Single)
$8,000$930

Married Filing Jointly - Virginia Tax Rates and Brackets

Married Filing Jointly RatesMarried Filing Jointly Brackets
2.00%$0
3.00%$3,000
5.00%$5,000
5.75%$17,000

Married Filing Jointly - Virginia Exemptions and Deductions

Standard Deduction (Couple)Personal Exemption (Couple)
$16,000$1,860

What to Look for in Virginia Accounting and Bookkeeping Services

When deciding on an accountant or bookkeeper for your Virginia small business, you should take these attributes into account:

Knowledge of Virginia's Diverse Economic Sectors: Choose a professional with expertise in key Virginia industries such as technology, defense, and agriculture, ensuring they understand the financial nuances of your industry.

Familiarity with State Tax Regulations: To optimize your financial strategy, look for prospects well-versed in Virginia's specific tax laws, including state income and sales tax provisions.

Understanding of Local Business Incentives: Select a professional who is knowledgeable about Virginia's business incentives and grants, especially those related to technology startups and green energy initiatives.

Experience with Virginia's Regulatory Environment: Opt for an accountant who can navigate the complex regulatory requirements specific to Virginia, including business licensing and environmental compliance.

Strong Local Network: Ensure the tax professional is familiar with the Virginia business community, including local banks and economic development agencies, to provide additional resources and support for your business.

Serving Small Businesses Throughout the Entire State of Virginia

Including businesses in:
  • Virginia Beach
  • Norfolk
  • Burlington
  • Alexandria
  • Richmond
  • Roanoke
  • Lynchburg
  • Charlottesville

“I’ve been fortunate to have great accountants who care, get back to me very timely, and believe they do a great job getting the most money back they are able to.”

Testimonials Stars

Sal

December 30, 2023, Trustpilot

Actual customer testimonial. Photo is illustrative only.

A man wearing glasses in a circle on a green background.

Talk to a business tax expert today for all your tax needs in Virginia.

Get big savings for your small business by working with the professionals at 1-800Accountant. All it takes is a quick call - usually 30 minutes or less - to get started!

*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.

*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.

*Historical first-party data.