At Timothy Dorss CPA, LLC, our team specializes in payroll, bookkeeping, accounting, year-end financial planning, budgeting, financial statement preparation, tax preparation, and tax planning for small businesses and their owners. We have advanced certifications from QuickBooks in both QuickBooks Online and QuickBooks Desktop versions, as well as QuickBooks Enterprise and Point of Sales (POS).
We also welcome individuals and families for individual tax return preparation and tax planning.
We are located in Charlottesville, VA, but can serve you anywhere in the USA! We have solutions to work collaboratively with you remotely through video chat on multiple platforms. We can work collaboratively with you via QuickBooks online or through a web-hosted version of QuickBooks. Pictures of your receipts and documents can be uploaded to us from your phone via our secure portal. We offer truly 100% paper-less, environmentally-friendly tax preparation and accounting options!
“We are customers since 2011. Tim has been been helping us with services ranging from tax compliance for our small business, personal tax documents as well as international estate planning. We are very pleased with Tim’s professionalism, knowledge and ethical standards. He has quick and practical solutions for even the most complicated federal/state tax planning questions. Our tax preparation experiences (advice, planning and actual preparation) with Tim have been very positive and always rewarding. We feel we are in good hands and we highly recommend Timothy Dorss CPA LLC!”
Bill and Esther Williams (Medseas LLC)
Why Choose Us
What sets our team apart is our experience and our passion to share that knowledge in non-technical language!
Small Business Owners
We have been small business owners for over 10 years (multiple independent locations). We’ve started from scratch, had those sleepless nights, and worked those crazy long hours. We’ve made mistakes and now have a wealth of learning experience at your disposal. Having been on the other side of the business owner/CPA divide, we know how to translate CPA-speak into plain English. We really know your time is precious. You want solutions and results. You want questions answered promptly and email messages returned quickly. We get it!
Real Estate Investors
We own rental property and assist in managing family-member rental properties. We know tenant screening, paperless payment systems, tax deductions and depreciation, and the tax and cash flow analysis when you acquire or sell your investment properties.
Payroll Manager Experience
Both at our own small businesses with a combined total of over 100 employees for almost a dozen years, as well as at a multi-national publicly-held company with multi-state payroll, we've managed and processed a lot of payroll and payroll tax returns. Concentrate on what you do best, while we handle the payroll! It’s not as expensive as you think. If you prefer to do payroll on your own, we can assist with set-up and with quarterly and annual tax filings.
Industry and Not-for-Profit Accounting Experience
We have years of experience on both sides of the audit and review process. We know the stress and time demands of an audit on your business and have worked with auditors and audit firms. We’ve prepared GAAP financial statements with full footnote disclosures, and have prepared numerous IRS forms 990 and 990-T. If your company or not-for-profit will be undergoing an audit or review with another CPA firm, we can assist you preparing working papers and helping you with internal controls. We can also assist you with your not-for-profit or small business review or compilation needs.
Part of our industry experience has been on the franchisor side of the business. We have also provided audit services for franchisors as part of our CPA-firm experience. And we definitely have provided payroll, bookkeeping, and tax preparation services for franchisees! We understand the numerous compliance requirements franchisees have to their franchisors!
Diverse Industry Experience
We have spent numerous years at CPA firms serving a wide variety of clients from small sole-proprietors to large multi-faceted C-corporations, schools, and not-for-profits. We have a breadth of industry experience.
We Have Kids
We’ve been through the college financial aid process and filling out the FAFSA. We know the education credits and deductions, the child tax credits, child care credits, and earned income credits.
Business Start-Up Experience
We can assist you and have resources to help you from the very beginning of concept formation to launch. First-hand experience on more than a few occasions.
Not many professionals know Quicken, but it is a widely-used software application. We know Quicken personal financial software and have used it for over 2 decades! We can assist you in setting up your small business and/or rental properties in Quicken as well!
We’ve educated several of our children from kindergarten through 12th grade. We are teachers at heart and want to help you understand the often-times confusing accounting terminology. We want to help you understand your tax situation and the meaning behind your financial statements. In plain English. We formed our CPA firm specifically for this reason – a highly personal, individualized approach to small businesses and their owners.
Upfront, Agreed-upon Pricing
Have you signed an engagement letter with your CPA or attorney and agreed to pay them by the billable hour for amount of time they put into your work? AND THEN you received a bill that blew your mind? At Timothy Dorss CPA, LLC, we agree with you upfront regarding pricing, so there are no surprises when the work is done. Everyone is happy.