The IRS has updated automatic consent procedures for taxpayers to change their method of accounting to comply with final regulations under Code Secs. 263A, 448, 460 and 471 issued on January 5, ...
The IRS has informed that taxpayers who are not recovery startup businesses are not eligible for the employee retention credit for wages paid after September 30, 2021 due to the amendments by the Infr...
The IRS has released a new version of Form 8918, Material Advisor Disclosure Statement, to include 2D barcodes. After June 1, 2022, the IRS will accept only the latest version of Form 8918 (Rev. Nove...
The IRS has revised Form 1024, Application for Recognition of Exemption Under Section 501(a), and its instructions to allow electronic filing for the first time. This development is the part of an ong...
The IRS-Criminal Investigation (IRS-CI) has released its Fiscal Year 2021 Annual Report. The report details statistics, important partnerships and significant criminal enforcement actions from IRS-CI,...
A taxpayer’s claim for a refund of Virginia personal income tax for 2016 was properly denied because her tax return was filed beyond the statutory limitation period. Generally, an application for re...
Price & Associates, LLC is based in Northern Virginia, one of the most dynamic economies in the United States. Price & Associates, LLC provides assurance, accounting, consulting and tax services to start-up through middle market businesses, primarily government contractors, technology companies and employee benefit plans in the Washington, D.C. metropolitan area.
The firms founding partner has over 20 years of Big 4, regional and local accounting firm experience providing assurance, accounting, consulting and tax services to government contractors and technology companies through their full life cycle. We understand your challenges, and we provide solutions.
We believe in the value of establishing and maintaining long-term relationships. We are committed to understanding, in depth, your business and your goals. We take pride in giving you assurance that the personal involvement and advice you receive from us comes from years of experience, knowledge and financial acumen. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success.
We provide a variety of services including:
- Assurance (Financial Statement Audits, Reviews and Compilations)
- Financial reporting, consulting, and agreed upon procedures
- Government contractor consulting services
- Acting CFO, controller and accounting staff resourcing
- Accounting system setup, support and training
- Business startup services
- Financial modeling, budgets, and related analysis
- Income tax planning and preparation
- Merger and Acquisition consulting
Our continual investment of time and resources in professional continuing education, state-of-the-art computer technology and extensive business relationships is indicative of our commitment to excellence.
Please feel free to contact us with any questions or comments you may have - we would love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.