Address

Steve Street
5270 Shawnee Rd. Suite 201/10, Alexandria, VA 22314
571-777-8920 Office

703-405-8826 Cell

571-970-1662 Fax


Get in touch

571-777-8920

steve@streetstaxandadmin.com


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Tax Services

We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:

  • Tax planning & return preparation
    – Individuals
    – Corporations
    – Partnerships
    – LLCs/LLPs
    – Estates, trusts & gift
    – Not-for-profit organizations
  • Taxing authority representation
  • Divorce and support issues
  • Tax effects of buying/selling a business


IRS Representation

During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.


Payroll Services

As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.


Tax Preparation

Our significant investment in computerized tax preparation and research software enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations.


International Taxation

STREET’S Tax has 20 plus years’ experience in dealing with the taxation of non-immigrant visa holders with all visa types, multinational individuals, US expatriates. STREET’S TAX is recognized and is listed by the IMF as one of the “go to” tax services for the Fund employees and staff. 


STREET’S Tax advises clients on the Foreign Account Tax Compliance Act (FATCA). STREETS TAX deals efficiently on all complications relating to the US foreign-earned income exclusion, foreign tax credits, and nonresident and dual-status tax compliance issues, as well as all potential double tax situations including US social security. 


Forms include:

  • FinCEN 114 – Report of Foreign Bank and Financial Accounts (FBAR)
  • Form 3520 – Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts
  • Form 8938 – Statement of Foreign Financial Assets
  • Form 5471 – Information Return of US Persons with Respect to Certain Foreign Corporations
  • Form 8621 – Information Return by a Shareholder of a Passive Foreign Investment Company or Qualifying Electing Fund; and
  • Form 8802 – Application for a United States Residency Certification
  • Form 8833 – Treaty-Based Return Position Disclosures
  • Form 8858 – Information Return of US Persons with Respect to Foreign Disregarded Entities
  • Form 8865 – Information Return of US Persons with Respect to Certain Foreign Partnerships

Accounting Services

Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:

  • General ledger & financial statement preparation
  • Bookkeeping (Monthly/Quarterly/Annual)
  • Accounting system setup for new businesses
  • Computerized payroll services
  • Business tax return preparation (Sales & Use/Business Property)
  • Personal financial statements
  • Litigation support


Reviews & Compilations

We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. We provide financial reporting on two levels of assurance:

  • Review – some analytical procedures conducted with limited assurance
  • Compilation – based upon client information provided and used primarily for internal use.


Bookkeeping/Write-Up

Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.


Consulting Services

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following is just a few of the areas in which we provide consulting services:

  • Accounting software selection and implementation
  • Type of entity selection
  • Business valuations
  • Buying/selling a business
  • Computer systems
  • Financial & retirement decisions
  • Estate, trust & gift planning


Accounting Software Selection & Implementation

With the number of computerized accounting software packages available for small businesses and individuals growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we are exposed to most programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs.

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