Welcome to Cardinal Tax!
Welcome to Cardinal Tax, your trusted partner for tax and accounting services in Towson, MD, and beyond. With over 15 years of experience in the industry, I bring a wealth of knowledge and expertise to help individuals and businesses navigate the complexities of tax laws and financial management.
As a Certified Public Accountant (CPA), I am dedicated to providing top-notch services that meet the highest professional standards. Whether you need assistance with tax preparation, tax planning, bookkeeping, payroll, or compliance, I am here to guide you every step of the way.
I understand the importance of staying up-to-date with the latest IRS regulations and tax codes. I work diligently to ensure that my clients benefit from accurate and timely advice, helping them minimize tax liabilities and maximize financial efficiency.
My commitment to excellence extends beyond numbers and spreadsheets. I believe in building long-lasting relationships with my clients based on trust, integrity, and personalized attention. Your financial success is my priority, and I am here to provide tailored solutions that align with your unique goals and objectives.
Thank you for considering Cardinal Tax for your tax and accounting needs. I look forward to the opportunity to work with you and contribute to your financial prosperity.
Personal Tax
Services Offered
- Form 1040 & Sch. A (Residential State)
- Form 1040 Schedules 1-6 (each)
- Schedule B
- Schedule C
- Schedule D
- Form 8949 (up to 6 transactions)
- Schedule E – 1st Property
- Schedule E – Additional Properties
- Schedule F
- Schedule J
- Schedule SE
- W-2s (>4, each)
- K-1 Income with Basis Schedule (each)
- Installment Sales (Sale Year/Subsequent Year)
- Form 2441 (Child Care)
- Form 4562 (Depreciation Current)
- Depreciation Schedule (per asset)
- Form 4952 (Investment Interest)
- Form 5329 (Retirement Penalty)
- Form 6251 (AMT)
- Form 8960 (NII Surtax)
- Form 8962 (Healthcare Credit)
- Form 8965 (Healthcare Penalty)
- College Credits
- Estimated Tax Forms
Planning
- Rental property tax planning and deductions (mortgage interest, property taxes, depreciation)
- 1031 Exchange guidance for tax-deferred property exchanges
- Passive activity loss rules optimization (material participation, grouping activities)
- Cost segregation studies for accelerated depreciation benefits
- Opportunity Zone investment tax benefits and compliance
- Real estate investment trust (REIT) tax planning and compliance
- Tax implications of property sales (capital gains tax planning, installment sales)
- State and local tax considerations for real estate investments
- Partnership and LLC tax planning for real estate ventures
- Tax-efficient financing strategies for real estate acquisitions and developments
Business Tax
Services Offered
- Form 1120 C Corp
- Form 1120S S Corp
- Form 1065 LLC
- Form 709 Gift Tax
- Form 706 Estate Tax
- Form 1041 Trust
- Form 990 Not for Profit
- Form 941
- Form 940
- SUTA
- State Withholding
- W-2s/1099s (each)
- Newly Formed Business
- Like-Kind Exchanges
- Special Tax Elections
- Business Entity Tax Conversions
- Tax Research / Second Opinions
Planning
- Entity selection and structure planning (Sole Proprietorship, LLC, S-Corp, C-Corp)
- Tax-efficient compensation strategies for owners and employees
- Deduction maximization (Section 179, bonus depreciation, startup expenses)
- Accounting method optimization (cash vs. accrual, inventory valuation)
- Tax credits identification and utilization (Research and Development Tax Credit, Work Opportunity Tax Credit)
- Retirement planning and contribution optimization (SEP-IRA, SIMPLE IRA, 401(k))
- State and local tax planning and compliance
- Succession planning and exit strategy optimization
- IRS audit support and representation
Accounting Services
Services Offered
- Bookkeeping and recordkeeping
- Financial statement preparation (balance sheet, income statement, cash flow statement)
- Budgeting and forecasting
- Tax preparation and planning
- Payroll processing and compliance
- Accounts payable and receivable management
- Bank reconciliations
- Financial analysis and reporting
- Internal audit and controls review
- Inventory management
- Business valuation services
- Cost accounting and cost analysis
- Management consulting and advisory services
- Software implementation and training (e.g., QuickBooks, Xero)
- Compilation and review of financial statements
- Estate and trust accounting
- Compliance with regulatory requirements (GAAP, tax laws, etc.)
- Financial planning and wealth management advice
- Merger and acquisition support
- Forensic accounting and fraud investigation
- Outsourced CFO/Controller services
- Specialized industry-specific accounting services (e.g., healthcare accounting, construction accounting)