Trusted by 500+ families in the DMV area

Individual Tax Preparation

Professional tax preparation is more than data entry. It is about understanding your complete financial picture and ensuring every deduction, credit, and strategy works in your favor.

Who Needs Professional Tax Preparation?

If any of these describe you, DIY software is not enough

W-2 with Complex Compensation

Stock options, RSUs, deferred compensation, and executive benefits require specialized handling.

High-Income Professionals

Physicians, attorneys, and consultants with multiple income streams and deduction opportunities.

Business Owners

Side hustles, LLCs, S-Corps, and partnerships need integrated personal and business tax strategy.

Real Estate Investors

Rental properties, 1031 exchanges, and passive income reporting.

Crypto & Investment Income

Complex capital gains, wash sales, and digital asset reporting.

Multi-State Filers

Working across Virginia, Maryland, and DC with proper allocation.

Major Life Changes

Marriage, divorce, new baby, home purchase, or inheritance events.

What Our Tax Preparation Includes

Every engagement includes comprehensive preparation, review, and year-round support. No surprises, no hidden fees, and no rushed work.

Form 1040 preparation & filing

State returns (VA, MD, DC)

Schedule A itemized deductions

Schedule E rental income

Investment income (Schedule B & D)

Multi-state allocation

Self-employment (Schedule C)

Estimated tax planning

Prior year amendments

IRS notice response

Accuracy & Compliance You Can Trust

Our multi-step quality process ensures your return is accurate, compliant, and defensible

Multi-Level Review

Every return goes through preparer, reviewer, and partner sign-off before filing.

IRS Correspondence Support

We handle all IRS letters and inquiries on your behalf at no additional cost.

Audit Defense Included

If the IRS audits your return, we represent you and prepare all documentation.

Documentation Guidance

We tell you exactly what to keep and for how long to stay protected.

Proactive Error Prevention

Our quality system catches issues before they become IRS problems.

Real Estate & Investment Expertise

Specialized knowledge for property owners and active investors

Rental Income

Schedule E reporting & expense optimization

Short-Term Rentals

Airbnb, VRBO, and vacation property rules

Depreciation

Cost segregation & bonus depreciation strategies

Capital Gains

Sales, exchanges, and installment reporting

Investment Income

Brokerage, dividends, and K-1 reporting

Specialized Tax Situations

Multi-State Filing

Living in Virginia, working in DC, with clients in Maryland? We navigate the complexity.

Proper income allocation between states
Credit for taxes paid to other states
Domicile and residency determination
Reciprocity agreement optimization
Remote work implications

High-Income Considerations

Earning above $250k comes with additional taxes and phase-outs. We optimize accordingly.

Net Investment Income Tax (NIIT) planning
Alternative Minimum Tax (AMT) analysis
Medicare surtax calculations
Phase-out optimization strategies
Charitable giving optimization

"I received an IRS notice claiming I owed over $12,000 in additional taxes from a rental property sale two years prior. Shahbaz & Associates reviewed the original return, identified the computation error made by my previous preparer, and successfully corresponded with the IRS to resolve the issue."

M.K., Software Engineer

McLean, VA

Result

$12,000 tax liability eliminated

Frequently Asked Questions

Our individual tax preparation fees start at $500 for straightforward W-2 returns and scale based on complexity. Returns with rental properties, investments, or business income typically range from $1000-$1,500. We provide a fixed quote after reviewing your prior year return and current situation.

We recommend starting in early January. Most tax documents (W-2s, 1099s, 1098s) are required to be issued by January 31st. Having everything organized by mid-February allows us to prepare your return early and identify any planning opportunities for the current year.

We can file extension requests to give you additional time. However, we recommend waiting for all documents to ensure accuracy. If a document is delayed, we can often work with estimates and amend later if needed, though this may incur additional fees.

We regularly prepare amended returns for clients who discover missed deductions, receive corrected forms, or need to fix errors from other preparers. Amendments can be filed for the past three tax years. We will review your original return and advise on the best approach.

Serving the DMV Area

In-person meetings in Northern Virginia, virtual service nationwide

Virginia

Maryland

Washington DC

Fairfax

Arlington

Alexandria

McLean

Tysons

Bethesda

Rockville

Silver Spring

Why Choose Shahbaz & Associates?

CPA-Prepared Returns

Licensed CPAs prepare and review every return

Year-Round Support

We are available 12 months, not just tax season

Audit Protection

Full representation if the IRS comes knocking

Personal Relationship

Same advisor year after year who knows your situation

Ready to get started?

Schedule your free consultation and discover how much you could save with professional tax preparation.