Business Details
Trusted Accounting and Tax Services in Annapolis, MD
At L & M Tax Group, we specialize in navigating the complexities of modern tax laws to deliver precise and strategic financial solutions. Our team of seasoned professionals brings decades of combined experience in accounting, tax preparation, and business advisory services, ensuring clients maximize deductions while maintaining compliance. We prioritize personalized service, offering tailored guidance for individuals and small businesses to optimize financial health.Our commitment to continuous education in evolving tax regulations allows us to implement proactive strategies that minimize liabilities and enhance after-tax income. With a focus on transparency and client empowerment, we provide meticulous bookkeeping, QuickBooks expertise, and IRS representation, backed by a proven track record of client satisfaction and industry recognition in Annapolis, MD.
Services
Tax Preparation
Tax Planning
Expatriate Tax Services
QuickBooks Setup
IRS Representation
Small Business Accounting
Payroll Tax Services
Bank Financing
Cash Flow Management
Elder Care Planning
Highlights and features
- We offer free initial consultations to tailor solutions for your unique needs.
- Our team holds specialized expertise in expatriate tax compliance and IRS negotiations.
- We provide comprehensive QuickBooks setup and ongoing accounting support.
- Decades of combined experience in minimizing tax liabilities through strategic planning.
- Proven track record of client satisfaction with personalized, detail-oriented service.
What people say
Best tax refund
Exceeds expectations year after year
Skilled and dedicated
Proven professional team
Highly recommend services
Services
Tax Preparation
Our tax preparation service ensures accurate and optimized returns for individuals and businesses. We identify overlooked deductions, verify calculations, and file electronically for faster refunds. Clients receive personalized guidance to adjust withholding and implement strategies that reduce future liabilities while maintaining compliance with evolving tax codes.
IRS Representation
We resolve IRS disputes including liens, levies, and payment plans. Our team negotiates penalty abatements, establishes feasible repayment terms, and ensures compliance documentation. With deep knowledge of IRS procedures, we protect client interests during audits and collection actions while minimizing financial impact.
QuickBooks Services
From setup to ongoing support, we optimize QuickBooks for small business financial management. Services include system configuration, data cleanup, and training to maintain accurate records. This enables clients to track cash flow, generate reports, and streamline tax preparation while reducing bookkeeping errors.
Tax Planning
Our proactive tax planning identifies strategies to legally minimize liabilities across income, estate, and investment categories. We analyze income deferral opportunities, entity structuring, and tax-exempt investments to maximize after-tax wealth. Annual reviews ensure strategies adapt to changing regulations and client financial goals.
Expatriate Tax Services
We manage U.S. tax obligations for expatriates, including foreign income exclusions, FBAR filings, and treaty benefits. Services cover federal and state returns, penalty abatement for late filers, and consultation on residency implications. Secure online document transfer simplifies compliance for clients living abroad.
People
Elena Leontyeva
Vice President, Founder
Elena Leontyeva combines 15+ years of tax expertise with personalized client service. As founder, she oversees strategic planning and ensures compliance excellence while maintaining direct client relationships.
Mariana Giddens
Staff Accountant and Tax Preparer
Mariana Giddens provides meticulous tax preparation and accounting support. Her attention to detail ensures accurate filings and tailored financial guidance for individual and business clients.
Vartanush Mesropova
Tax Preparer
Vartanush Mesropova specializes in comprehensive tax return preparation. She helps clients maximize deductions while ensuring compliance with federal and state regulations through thorough documentation review.
Liubov Leonteva
Staff Accountant
Liubov Leonteva manages accounting operations and financial reporting. Her expertise in small business bookkeeping ensures accurate records and supports strategic decision-making for clients.
Questions
What tax services do you offer for expatriates?
We prepare U.S. and state tax returns, handle FBAR filings, and provide compliance guidance for expatriates, including foreign income exclusions and penalty abatement.
Can you help with IRS tax debt issues?
Yes, we negotiate IRS payment plans, resolve liens/levies, and seek penalty abatements while ensuring compliance with tax code requirements.
Do you offer QuickBooks support for small businesses?
We provide QuickBooks setup, data cleanup, and ongoing accounting support to streamline financial management and tax preparation.
What areas do you serve?
While based in Annapolis, MD, we serve clients nationwide through secure online document transfer and virtual consultations.
