James Financial Services

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James Financial Services is a leading tax, accounting and business advisory firm in Virginia Beach whose CPAs and EAs have been providing tax saving strategies, IRS compliance strategies and Business Success Planning since 1974.

As we move through the second half of the year, now is a good time to step back and revisit your tax strategy. A few pro...
08/27/2026

As we move through the second half of the year, now is a good time to step back and revisit your tax strategy. A few proactive decisions now can help reduce surprises later, improve cash flow, and put your business in a stronger position before year-end.

Swipe for a few practical tax strategies we can help small businesses take advantage of ahead of year-end.

Some of the best tax strategies are only useful if you act before year-end. Even a short review during the year can make a meaningful difference. So, if you would like to review your current tax strategy, projected payments, entity structure, or year-end opportunities, please reach out.

Our team would be happy to help you identify practical next steps and make sure you are taking advantage of the options available to you.

Managing your business finances can quickly become more complex than expected. While many business owners start by handl...
08/20/2026

Managing your business finances can quickly become more complex than expected. While many business owners start by handling things on their own, there often comes a point where professional support is necessary. Swipe through to learn more.

Recognizing these signs early can help you avoid setbacks and make more informed decisions as your business moves forward. If you are ready for expert financial support, contact us today to learn how we can help you stay on track and plan for what is next.

If you have a child heading to college, there are a number of tax considerations that may come into play — many of which...
08/19/2026

If you have a child heading to college, there are a number of tax considerations that may come into play — many of which overlap in ways that can be easy to miss.

So, with that in mind, our team wanted to share a quick breakdown of key considerations to help you stay informed. Swipe for more information.

When college expenses are involved, tax considerations rarely stand alone. Dependency status, credits, 529 plans, scholarships, and student income all interact. Reviewing these elements together can help you make more informed decisions and avoid surprises.

Our team is here to help guide you. Give us a call today, and we can get started.

Year-end tax planning often feels like something there will be time to deal with later, until later arrives all at once....
08/06/2026

Year-end tax planning often feels like something there will be time to deal with later, until later arrives all at once. Starting now can give your business more room to make smart decisions, avoid a last-minute rush, and take action while more options are still on the table.

One key end-of-year tax planning tip is to run a year-end tax projection. Before making any big moves, it helps to know where your income is likely to land. A year-end projection can help estimate taxable income and identify whether it makes sense to accelerate expenses, defer income where appropriate, increase retirement contributions, or adjust estimated tax payments.

Thoughtful year-end planning starts with understanding where you stand and which moves are worth making before the calendar turns. If you’re interested in running a year-end tax projection, contact our office. We are here to help your business.

Running a business in the summer means staying focused on growth, not getting buried in tax questions. So, while you’re ...
07/31/2026

Running a business in the summer means staying focused on growth, not getting buried in tax questions. So, while you’re planning, hiring, investing, and keeping things moving, we’re here to help you stay organized behind the scenes with year-round business tax support.

From tax planning to strategy and guidance, we are here to help you make confident decisions all year long and avoid tax time surprises at the end of the year.

Ready to get started? Don’t hesitate to give our team a call. We are dedicated to your success.

Even if you think your taxes are carefully completed, your business can get hit with unexpected tax bills, denied deduct...
07/29/2026

Even if you think your taxes are carefully completed, your business can get hit with unexpected tax bills, denied deductions, and IRS penalties. Tossing tax documents too soon makes it harder to challenge these risks.

Without records to substantiate your claimed income, expenses, or credits, you risk losing those deductions and credits during an audit, which can lead to owing back taxes plus interest and penalties.

Our team can help you get organized, set up a recordkeeping system, and stay ready for tax season and beyond. Let’s talk before you start cleaning out your files.

Key tax deadlines are approaching, and planning ahead can help you avoid late filing penalties, underpayment penalties, ...
07/24/2026

Key tax deadlines are approaching, and planning ahead can help you avoid late filing penalties, underpayment penalties, and last-minute filing stress.

If you make quarterly estimated tax payments or filed an extension for your 2025 return, several important deadlines fall in the second half of the year. Staying ahead of these dates can help you avoid unexpected tax bills and ensure your payments are accurate.

Contact our team today to schedule a complimentary consultation and keep your tax strategy on track for the months ahead.

Not every expense during a business trip is deductible, and that is where many businesses can run into trouble. Our team...
07/23/2026

Not every expense during a business trip is deductible, and that is where many businesses can run into trouble.

Our team is highlighting some common travel costs that usually do not qualify, so you can better separate business from personal expenses and keep your records clean. Swipe to learn more.

If you would like guidance on what should and should not be included, we would be glad to talk through it with you. Give us a call today, and we can get started.

A summer move can feel like a fresh start: new place, new routines, new responsibilities. And once tax season rolls arou...
07/21/2026

A summer move can feel like a fresh start: new place, new routines, new responsibilities. And once tax season rolls around, that move can also create a few new loose ends if you don’t keep track of the right details now.

So with that in mind, we wanted to share a few key areas to focus on if you’ve moved over the summer. Swipe for more information.

After a move, it’s a good idea to check in on your tax situation with a tax professional. I am here to help you determine if your responsibilities have changed and help you avoid a tax surprise next year. Just give me a call and we can find a time to connect.

Business travel can create valuable tax-saving opportunities but only when expenses are properly tied to a clear busines...
07/09/2026

Business travel can create valuable tax-saving opportunities but only when expenses are properly tied to a clear business purpose.

Our team is sharing a helpful overview of travel costs that may qualify, so businesses can plan ahead, stay organized, and avoid surprises at tax time. Swipe through to learn more.

If you have questions about tracking deductible travel expenses, we are always here to help. Give us a call today, and we can find a time to connect.

Address

421 South Witchduck Road
Virginia Beach, VA
23462

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 10am - 2pm

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