Falls Church, VA Tax Planning

Tax planning is your opportunity to see ahead and take charge of your tax situation before the year ends. By understanding whether you owe taxes or are owed a refund in advance, you can make smart moves that maximize your deductions and minimize your liabilities. At Davidov & Associates, we help both individuals and small businesses in Falls Church, VA proactively plan their taxes, ensuring that every scenario is carefully evaluated and every opportunity for saving is explored.

Welcome to Falls Church, VA

 Welcome to Falls Church, VA

Our tax planning services cover single-year analysis, multi-year analysis, scenario building, W-4 optimization, and estimated tax calculations. We’ll start by learning about your tax situation, either in-person, by phone, or via e-mail. We then provide a comprehensive checklist to gather all relevant details. As we proceed, we’ll evaluate various strategies and potential events—like the sale or purchase of property, changes in dependents, or other life transitions—to find the most advantageous tax position for you. Throughout this process, you are always welcome to reach out with questions or for status updates.

Top three services our clients retain us for:

Individuals
  • Single-year analysis to optimize current-year deductions and credits
  • Scenario building for life events
  • W-4 optimization to ensure proper withholding and minimize surprises
Established Businesses
  • Multi-year analysis to strategically plan for future tax years
  • Scenario building for business decisions 
  • Estimated tax calculation to avoid underpayment penalties and manage cash flow
Newly Formed Businesses
  • Multi-year analysis to chart long-term growth strategies
  • Scenario building for expansion or restructuring plans
  • Estimated tax calculation to properly forecast and manage quarterly payments

Why Choose Us

  • We provide a “tax health check-up,” diagnosing your current tax standing and prescribing actions that reduce your liabilities.
  • Our approach ensures that any recommended moves result in benefits that exceed our fees—if not, we advise against those actions.
  • We consider both single-year and multi-year strategies, ensuring you gain maximum advantage over the long term.
  • We’re highly accessible—ask questions, share concerns, or seek updates at any point during the process.
  • We thoroughly review scenarios for significant life or business events, so you’re never caught off-guard by tax implications.
  • We back our services with a results-driven approach, giving you confidence that your tax planning invests in your financial well-being.

Ultimately, tax planning can deliver real financial gains—money that can fund education, home purchases, long-awaited vacations, or simply boost your savings. Don’t wait until it’s too late to make meaningful changes. Contact us today for a free assessment and quote, and let’s start designing a tax strategy that works to your advantage in Falls Church, VA and beyond.

What our clients say?

My wife and I reached out to Mike several years ago when we were faced with an unusually complex tax return involving a foreign income source. We found Mike to be incredibly professional and thorough throughout, from our initial meeting to review our situation, to his submission of a draft return for our review, to the final submission, including a professionally bound copy for our records. We were quite pleased and would be happy to recommend Mike to anyone in need of professional tax assistance.

J. Joseph, Washington, DC

I found Mike’s firm through LinkedIn. At the time, I was planning to hire an interim Controller and Senior Accountant to handle my Finance department. I asked Mike to find and screen candidates. Unlike many headhunters I talked with before, Mike got down to business and after a few weeks of sifting through many applications, he found two people that I later offered permanent jobs to. Mike’s goal was not to make a quick sale and run with dollars, but rather to deliver what I wanted only at a fraction of the cost recruiters would have charged me. If you ask me, Davidov & Associates is the most satisfying experience I have ever had in temporary finance staff screening.

Mary Ann Rogoszky, Washington, DC

Michael gets kudos from me on helping me set up accounting for my business. He quickly assessed the needs, presented me with the solution and convinced me that this was the best way to keep track of my money. Two years later, my business grew 70%, and part of the credit goes to Davidov & Associates. Besides, Mike is a great guy to talk and hang out with. We went on several skiing and fishing trips together.

Skip Schwenk, Miramar, FL

Our family never thought of using a boutique accounting firm to prepare our taxes. It seemed out of reach because of high hourly rates. So we did our taxes ourselves using TaxCut software. Not being tax gurus, we inevitably made mistakes, and we only found out when we received IRS request for more information. That alone was scary enough to send us searching for a specialist. We asked our friends and coworkers if they know anybody who is reputable and relatively inexpensive. My husband’s coworker mentioned Davidov & Associates in Alexandria VA. They helped him with his tax records and tax returns. I called and scheduled an appointment.

I was impressed by their attitude. Mike, who is their owner, talked to me like I was his close relative. He made me feel welcome, relaxed and not fear IRS anymore. Before long, my situation was successfully resolved, and no additional tax was levied. Ever since we have our taxes done only through Davidov & Associates.

Brenda Mattingly, Arlington, VA

If you want to get the refund you are entitled to, no penny less, give Mike a call. There are many tax preparers out there, but very few ones like Davidov & Associates, I know for sure.

Great personal service for a reasonable price. A deal in our current economic downturn.

Scott Lowell, Alexandria, VA

Before we were referred to Davidov CPA last spring, we had a larger accounting firm handling our accounting and taxes. It was a hit or miss. Technically, they did their job but they were never really interested in reducing our taxes as much as was legally possible. As we found out, our books were actually maintained by an outsourced group in India. While that certainly reduced the cost, our former CPA did not pass the savings on to us. We were also uncomfortable having our confidential data available to foreign workers.

Davidov CPA was unlike any other firm we have come across. Not only they worked with us to come up with a tax reduction plan that we stuck to all year, they also kept us in the loop on new tax law developments. Speaking of bookkeeping, they don’t outsource it overseas. It is all done by US-based professional bookkeepers. We can’t be happier and recommend others to at least check them out and compare to their current accountants. You may never know what you are missing until you compare.

Bill and Kristen Sperry, Lansdowne, VA

As a business owner, I am so happy I found Mike at Davidov & Associates. I never had time to organize my records and create a tax strategy to minimize taxes. I used to have a CPA who did my taxes for seven years, but last year my CPA outsourced the returns to some poorly trained preparers who were not even CPA. My refund came in $3,500 less than what I was entitled to, as Mike told me later. He also tipped me off that return was outsourced. Mike offered me a free amended return, and guess what, I asked him to handle my finances.

If you are looking through this website, you can trust me, you don’t have to shop around any further, give Mike a try, tell him Rodrigo referred you.

Rodrigo Arroyo, Falls Church, VA

have been using big national tax return preparation firms for a number of years. I recently realized that it was a waste of my money. Not only they made so many errors on my tax return, they also charged an arm and leg for it. Someone referred me to Davidov & Associates, and I thought I’d give them a shot. Their approach was very different. They treated me like an important customer deserving an unhurried review. As a result, I got the biggest refund for the last five years, and they also helped me file amended returns for three previous years.

If you are looking for a personal touch from experienced folks and want to keep the price tab within your budget, Davidov & Associates is a way to go.

Jay Lindsey, Fairfax, VA