Accounting Accuracy LLC

Accounting Accuracy LLC IT'S TAX SEASON! WE'RE OFFERING 25$ OFF FOR TAX PREPARATION REFERRALS.

About Accounting Accuracy

After working for a university and in the private sector for several years, Donnie Oliver noticed the common theme of disorganization in small business accounting and the stress and hardship it was causing business owners and managers. That encouraged Donnie to start Accounting Accuracy, a full-service accounting, bookkeeping and tax preparation firm located in Richmond,

VA. We provide our customers services that range from bookkeeping and tax preparation to QuickBooks classes and recordkeeping instruction. We also help new businesses get off to a successful start by helping them make the right decisions about how to incorporate their company. In addition to servicing businesses, we also help individuals with personal income tax preparation and filing.

05/13/2026

At Accounting Accuracy, my team and I are always here to help. This has always been ,and will always remain, a judgment-free zone.

Whether you have questions about taxes, bookkeeping, or financial services, we’re here to guide you every step of the way.

Call us today at 804-562-4232 or get started online at Accounting Accuracy (https://accountingaccuracyllc.com/?utm_source=chatgpt.com)

Contact us today!

03/24/2026

We’re in the thick of tax season! 📊

If you need help with your taxes or have questions, don’t hesitate to reach out—we’re here to make the process as smooth as possible for you.

You can contact us directly at 804-562-4232, or visit our website to learn more and get started: https://accountingaccuracyllc.com/

Looking forward to helping you this season!

03/21/2024

Do you operate your business as an S or a C corporation? Do you drive a vehicle titled in your personal name for corporate business? Beware. The Tax Cuts and Jobs Act (TCJA) changed the rules for tax years 2018-2025. Before the TCJA, you had to pay attention to the use of your personal vehicle for c...

12/19/2023

IR-2023-244: IRS helps taxpayers by providing penalty relief on nearly 5 million 2020 and 2021 tax returns; restart of collection notices in 2024 marks end of pandemic-related pause Internal Revenue Service (IRS) sent this bulletin at 12/19/2023 04:35 PM EST News Essentials The Newsroom Topics IRS R...

Great news for those who may have received penalties during the pandemic! Feel free to contact us at Accounting Accuracy...
12/19/2023

Great news for those who may have received penalties during the pandemic! Feel free to contact us at Accounting Accuracy, LLC if you have questions.

IR-2023-244: IRS helps taxpayers by providing penalty relief on nearly 5 million 2020 and 2021 tax returns; restart of collection notices in 2024 marks end of pandemic-related pause Internal Revenue Service (IRS) sent this bulletin at 12/19/2023 04:35 PM EST News Essentials The Newsroom Topics IRS R...

10/02/2023

Court Denies Clothing Donations to Goodwill and the Salvation Army

Reasonable compensation refers to the amount of compensation paid to an employee or owner that is considered reasonable ...
03/29/2023

Reasonable compensation refers to the amount of compensation paid to an employee or owner that is considered reasonable and appropriate for the services they provide, given their role, responsibilities, and the market value of their services.

Reasonable compensation refers to the amount of compensation paid to an employee or owner that is considered reasonable and appropriate for the services they provide, given their role, responsibilities, and the market value of their services. For employees, reasonable compensation is typically deter...

Many of my clients in real estate ask me this: What is active participation as a real estate investor?
03/28/2023

Many of my clients in real estate ask me this: What is active participation as a real estate investor?

Active participation as a real estate investor typically involves taking an active role in the day-to-day management of a real estate investment property or portfolio. This can include activities such as: 1. Property Acquisition: Searching for, evaluating, and acquiring investment properties. 2. Pro...

Legal requirements of an S Corp.
03/23/2023

Legal requirements of an S Corp.

A S corporation must meet the following legal requirements: Be a domestic corporation Have only allowable shareholders, including individuals, certain trusts, and estates and Not more than 100 shareholders Have only one class of stock Not be an investment company Not be an international sales corpor...

Here's a question many Airbnb owners have asked me: How is my Airbnb taxed?
03/21/2023

Here's a question many Airbnb owners have asked me: How is my Airbnb taxed?

Airbnb rental income is considered taxable income and must be reported on your tax return. Here's a brief overview of the tax implications for Airbnb rentals: Federal income tax: Airbnb rental income is subject to federal income tax and must be reported on your federal tax return. State and local ta...

Address

2306 W. Main Street
Richmond, VA
23220

Telephone

+18045624232

Website

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