Wallace & Associates CPA

Wallace & Associates CPAs LLC is a full-service CPA firm that has been providing affordable and personalized accounting and tax services to individuals, businesses, trusts, and estates in the Purcellville, VA area for many years. Our experienced team of professionals is dedicated to helping our clients achieve their financial goals by offering a wide range of services, including personal financial planning, retirement planning, estate planning, small business accounting, payroll, part-time CFO services, forensic accounting, cash flow management, bank financing, business valuation, strategic business planning, succession planning, new business formation, non-profit organization services, internal controls, tax preparation, tax planning, tax problem resolution, IRS audit representation, and QuickBooks services.

Our Values

At Wallace & Associates CPAs LLC, we value integrity, professionalism, and the relationships we build with our clients. We believe in providing personalized service and taking the time to understand our clients' unique needs and goals. We are committed to exceeding our clients' expectations by delivering high-quality, efficient, and affordable services.

Services for Individuals

We offer a range of services for individuals, including personal financial planning, retirement planning, estate planning, tax preparation, tax planning, and tax problem resolution. Our goal is to help our individual clients minimize their tax liability, plan for their financial future, and achieve their financial goals.

Personal Financial Planning

Our personal financial planning services are designed to help our clients make informed decisions about their financial future. We work with our clients to create a personalized financial plan that takes into account their income, expenses, assets, and liabilities. We help our clients set financial goals, such as saving for retirement, buying a home, or paying for their children's education, and we provide them with the guidance and tools they need to achieve those goals.

Retirement Planning

Our retirement planning services are designed to help our clients prepare for their retirement years. We work with our clients to create a retirement plan that takes into account their expected income, expenses, and lifestyle during retirement. We help our clients choose the right retirement plans, such as 401(k)s, IRAs, or Roth IRAs, and we provide them with the guidance and tools they need to maximize their retirement savings.

Estate Planning

Our estate planning services are designed to help our clients protect their assets and provide for their loved ones after they are gone. We work with our clients to create an estate plan that takes into account their wishes, assets, and family situation. We help our clients choose the right estate planning tools, such as wills, trusts, or powers of attorney, and we provide them with the guidance and tools they need to ensure that their assets are distributed according to their wishes.

Services for Businesses

We offer a range of services for businesses, including small business accounting, payroll, part-time CFO services, forensic accounting, cash flow management, bank financing, business valuation, strategic business planning, succession planning, new business formation, non-profit organization services, internal controls, tax preparation, tax planning, and tax problem resolution. Our goal is to help our business clients minimize their tax liability, manage their cash flow, and achieve their financial goals.

Small Business Accounting

Our small business accounting services are designed to help our clients manage their financial records and stay compliant with tax laws and regulations. We provide our clients with accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. We also provide them with the guidance and tools they need to make informed financial decisions.

Payroll

Our payroll services are designed to help our clients manage their payroll processes and ensure that their employees are paid accurately and on time. We provide our clients with a range of payroll services, including payroll processing, tax filing, and employee payments. We also provide them with the guidance and tools they need to stay compliant with tax laws and regulations.

Part-Time CFO Services

Our part-time CFO services are designed to help our clients get the financial expertise they need without the cost of a full-time CFO. We provide our clients with a range of financial management services, including financial planning, budgeting, forecasting, and financial reporting. We work with our clients to create a customized financial plan that meets their unique needs and goals.

Forensic Accounting

Our forensic accounting services are designed to help our clients uncover financial fraud and misconduct. We provide our clients with a range of forensic accounting services, including fraud investigation, financial analysis, and expert witness testimony. We work with our clients to uncover financial fraud and provide them with the guidance and tools they need to