Business Details
Trusted Accounting and Tax Services in Annapolis, MD
L & M Tax Group specializes in providing comprehensive accounting and tax services tailored to individuals and small businesses. With a focus on tax preparation, planning, and expatriate tax solutions, we help clients navigate complex tax laws while maximizing deductions and minimizing liabilities. Our team offers personalized support for IRS problem resolution, small business accounting, and financial planning.We prioritize accuracy, discretion, and client education, ensuring clients understand their financial position and compliance requirements. Our services extend to QuickBooks setup, bank financing, and cash flow management, supporting clients in achieving long-term financial stability.
Services
Tax Preparation
Tax Planning
Expatriate Tax Services
IRS Payment Plan
Small Business Accounting
QuickBooks Services
Personal Financial Planning
Elder Care
Bank Financing
Cash Flow Management
Highlights and features
- We specialize in expatriate tax services and IRS problem resolution.
- Our team provides personalized, one-on-one financial guidance.
- We offer secure online filing and document transfer solutions.
- We focus on maximizing deductions and minimizing tax liabilities.
- We provide free consultations to address client-specific needs.
What people say
Best tax refund
Exceeds expectations year after year
Skilled and dedicated
Professional team
Reliable service
Services
Tax Preparation
Our tax preparation service ensures accurate and timely filing of individual and business tax returns. We identify deductions and credits to minimize liabilities while ensuring compliance with evolving tax laws. Clients receive guidance on adjusting payroll withholding and avoiding common filing errors.
Tax Planning
We develop customized tax planning strategies to legally reduce liabilities for individuals and businesses. Our approach includes income deferral, deduction optimization, and estate planning to maximize after-tax income while maintaining compliance with federal and state regulations.
Expatriate Tax Services
Specialized support for U.S. citizens living abroad, including tax return preparation, FBAR reporting, and compliance with foreign account regulations. We help expatriates navigate complex cross-border tax obligations and minimize double taxation through treaty benefits.
IRS Payment Plan
We assist clients in establishing IRS payment plans to resolve back taxes owed. Our team negotiates penalty abatements and structures affordable payment terms while ensuring ongoing compliance with tax obligations.
Small Business Accounting
Comprehensive accounting services for small businesses, including bank reconciliation, financial statement preparation, and general ledger maintenance. We provide monthly or quarterly reporting to support informed decision-making and cash flow management.
People
Elena Leontyeva
Vice President, Founder
Elena Leontyeva founded L & M Tax Group with over 15 years of experience in accounting and tax services. She specializes in expatriate tax solutions and IRS compliance, providing strategic financial guidance to individuals and businesses.
Mariana Giddens
Staff Accountant and Tax Preparer
Mariana Giddens supports clients with tax preparation and accounting needs, ensuring accuracy and compliance. She brings expertise in small business accounting and personalized financial planning to deliver tailored solutions.
Vartanush Mesropova Tachkova
Tax Preparer
Vartanush Mesropova Tachkova specializes in tax return preparation and compliance. Her attention to detail ensures clients maximize deductions while adhering to federal and state tax regulations.
Liubov Leonteva
Staff Accountant
Liubov Leonteva provides accounting and tax services with a focus on small business needs. She assists with bookkeeping, financial reporting, and tax planning to support long-term client success.
Questions
What tax services do you offer for expatriates?
We provide expatriate tax return preparation, FBAR reporting, and compliance guidance for U.S. citizens living abroad.
Can you help with IRS tax debt issues?
Yes, we assist with IRS payment plans, penalty abatements, and back tax resolution.
Do you offer small business accounting services?
We provide bookkeeping, financial statements, and tax compliance for small businesses.
How can I securely send documents to your firm?
Use our encrypted SecureSend portal for safe file transfers.
What areas do you serve?
We primarily serve Annapolis, MD, with online services available nationwide.
Do you offer free tax consultations?
Yes, we provide free initial consultations to discuss your specific needs.
