Business Details
Trusted Accounting & Tax Services in Columbia, MD
At Madison Financial & Tax Services, we have dedicated ourselves to providing professional income tax services for individuals and small businesses. Our commitment to clients extends beyond tax preparation, as we represent them in IRS audits, ensuring we remain current on evolving tax laws to deliver reliable solutions. We specialize in residential and commercial lending, guiding clients through debt consolidation, home refinancing, and business loans with expertise designed to streamline the process. Our team develops tailored financial strategies for both personal and business clients, offering support year-round, even outside traditional tax seasons.As a firm led by Don Shinn, an Enrolled Agent and licensed mortgage consultant with 30 years of experience, we combine integrity and knowledge to provide efficient mortgage planning and real estate wealth-building strategies. We prioritize transparency, ensuring clients receive clear guidance without hidden fees, and we value referrals as the highest compliment to our service quality.
Services
Tax Preparation
Mortgage Lending
Audit Representation
Real Estate Planning
Small Business Tax Services
E-Filing
Rental Property Tax
IRS Audit Support
Wealth Building Strategies
Document Preparation
Highlights and features
- We offer 30 years of experience in tax and mortgage services.
- Our team provides IRS audit representation at no extra charge.
- We specialize in real estate wealth-building strategies.
- E-filing is standard with no additional fees.
- Our lending expertise simplifies home and business financing.
Associations and certifications
- Enrolled Agent (EA)
Services
Tax Preparation
We prepare comprehensive tax returns for individuals and small businesses, ensuring compliance with federal and state regulations. Our process includes itemized deductions, audit-ready documentation, and strategies to maximize refunds. Clients receive personalized guidance to navigate complex tax scenarios efficiently.
Mortgage Lending
Our mortgage lending services assist with home purchases, refinancing, and debt consolidation. We offer tailored solutions for residential and commercial clients, simplifying loan applications through expert consultation and streamlined approvals for first-time buyers and seasoned investors.
Audit Representation
We provide free audit representation for returns we prepare, addressing IRS inquiries and notices. Our expertise ensures clients receive clear explanations and resolutions without additional fees, minimizing stress during audit processes.
Real Estate Planning
Our real estate strategies focus on wealth accumulation through property investments. We advise on mortgage planning, tax-efficient transactions, and long-term portfolio growth, leveraging 30 years of experience to optimize client financial outcomes.
Small Business Tax Services
We cater to small businesses with tax preparation, deduction optimization, and compliance support. Services include Schedule C filings, rental property reporting, and year-round financial planning to enhance business profitability and tax efficiency.
People
Don Shinn
Principal Owner
Don Shinn is an Enrolled Agent and licensed mortgage consultant with 30 years of experience in tax services and real estate wealth-building strategies. He specializes in simplifying complex financial processes for clients.
Questions
What documents are needed for tax preparation?
Bring W-2s, 1099s, mortgage interest statements, property tax bills, and deduction receipts. Use our worksheets to organize expenses without needing all physical receipts.
Do you offer remote tax services?
Yes. We provide phone, Zoom, or mail-in options for established clients. First-time clients must meet in person initially to ensure accurate documentation and personalized guidance.
How long does tax return processing take?
The IRS typically processes e-filed returns in 10 days to 3 weeks. State refunds usually take 1-2 weeks. Direct deposit expedites receipt compared to paper checks.
What payment methods do you accept?
We accept credit cards, cash, and personal checks. Fees cannot be deducted from tax refunds.
Are audit services included in tax preparation fees?
Yes. Free audit representation is provided for returns prepared by our firm. Third-party audit assistance is billed at $120 per hour.
