Tax Preparation Services

Tax season shouldn’t be a surprise.

Tax season shouldn’t be a source of panic. MD Accounting provides professional tax preparation services that prioritize accuracy and strict compliance. We work with individuals, families, and businesses of all sizes, ensuring your returns are filed correctly and on time. In an era of increasing IRS scrutiny, especially for high-cash businesses. The quality of your tax return is your first line of defense against audits and penalties.

We handle the full spectrum of business filings. For corporations, we manage Forms 1120 and 1120S and support complex issues like multi-state apportionment when you operate across state lines. For partnerships, we prepare Form 1065 and generate accurate K-1s for partners and investors so personal returns aren’t delayed. For sole proprietors and single-member LLCs, we maximize Schedule C deductions while keeping you within the bounds of the law.

We view the tax return as the final report card of the year’s accounting. When we also manage your monthly bookkeeping, the data going into the return is clean, and eliminating the common disconnect where a CPA has to guess what an expense was, leading to missed deductions or avoidable red flags.

What’s included

• Corporate Returns (1120/1120S): Full filing for C-Corps and S-Corps, including depreciation schedules and shareholder reporting.
• Partnership Returns (1065): Partnership allocations and accurate K-1s for partners and investors.
• LLC & Sole Proprietorships: Schedule C preparation capturing eligible business expenses to lower taxable income.
• Individual Returns (1040): Personal returns for business owners, viewing personal and business finances holistically.