Straightforward Answers from Your Trusted Richmond CPA Firm

Gain clarity on tax prep, business formation, bookkeeping, and more. Discover how CD Torrance and Associates delivers tailored support in Henrico, Richmond, and virtually anywhere you need us.

FAQs

Expert Answers to Your Accounting and Tax Service Questions

From personal tax filing to business compliance, our team offers reliable guidance you can trust—whether you visit us in Henrico or connect remotely.

  • Which regions do you serve for tax and accounting solutions?

    Our Henrico office at 9601 Gayton Rd, Suite 202, serves the entire Metro Richmond area, including Glen Allen, Midlothian, and Tuckahoe. We also offer virtual appointments for out-of-state and international clients seeking Virginia expertise.

  • Can I book a virtual meeting for tax prep or business advice?

    Yes, we provide secure virtual meetings for individuals and businesses in Virginia and beyond. This ensures you receive CPA-level support whether you’re in Richmond or handling tax matters from out of state or abroad.

  • Do you offer tax extension filing as a separate service?

    We file tax extensions only when we are also preparing your tax return. Standalone tax extensions are not available, ensuring compliance and continuity in our client relationships and service quality.

  • What are your fees for individual and business tax preparation?

    Individual tax returns start at $325, with most clients paying $400–$700 depending on complexity. For business services such as bookkeeping or payroll, please contact us for a customized quote tailored to your needs.

  • What types of businesses do you assist with tax and bookkeeping?

    We serve closely held businesses, startups, nonprofits, and LLCs. Our services include monthly or quarterly bookkeeping, payroll, business tax filing, and guidance on LLC-to-S-Corp conversions throughout Richmond.

  • Can you assist with setting up a new business or nonprofit in Virginia?

    Absolutely. We guide clients through forming LLCs and registering 501(c)(3) nonprofits, handling state and IRS requirements. Our process ensures compliance and helps you understand each step from setup to ongoing reporting.

  • What should I do if I receive an IRS letter or notice of banking errors?

    Bring any IRS letters or banking discrepancies to us promptly. We offer tax audit support and expert reconciliation to identify and resolve issues early, helping reduce the risk of penalties or further complications.

  • How does CD Torrance and Associates stand out from other CPAs?

    With over 20 years of experience, we blend CPA-level expertise with a personalized, education-focused approach. Clients value our year-round support, local knowledge, and commitment to making complex finances clear.

Still have questions? We're here to help — contact us today or give us a call!