Russ and Associates Accounting Services

Tax preparation service in New Albany, OH (show on map)

5.0

★★★★★

3 reviews

Russ & Associates offers comprehensive accounting and tax services, including tax preparation, planning, payroll, and business consulting for personal and professional clients.

Call (614) 471-1040

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About

Russ & Associates Accounting and Tax Specialists offer a range of services including tax preparation, planning, payroll, business consulting, entity selection advice, financial analysis, and IRS audit representation. They emphasize a low-pressure approach and personalized client service, with expertise in handling complex tax and financial matters for individuals and businesses.

Low-pressure approach

Personalized client service

Comprehensive tax and accounting solutions

Business consulting expertise

Services

Tax Preparation & Planning

Comprehensive tax preparation and strategic tax planning services for individuals and businesses.

Federal and state tax return preparation Tax planning for future financial decisions IRS audit representation

Management Advisory Services

Business consulting and advisory services to improve operational efficiency and strategic decision-making.

Business planning and strategy Mergers and acquisitions support Financial analysis and forecasting

Bookkeeping and Write-Up Services

Comprehensive bookkeeping and financial write-up services for businesses of all sizes.

Accurate financial record-keeping Timely financial reporting Scalable solutions for growing businesses

Business Entity Selection and Asset Protection

Guidance on choosing the appropriate business entity and protecting assets.

Exploration of entity types (LLC, LLP, corporation, etc.) Analysis of financial and tax implications Strategies for asset protection

Buy/Sell Transaction Support

Comprehensive support for business buyouts and sales, including valuation and due diligence.

Business valuation services Buyer and seller vetting Due diligence support

Financial Analysis and Forecasting

Advanced financial analysis to support management decision-making and strategic planning.

Proactive financial modeling Scenario analysis Decision support tools

Credentials & Certifications

Accounting and Tax Specialists

Since 2026

Reviews

Rating

★★★★★

Reviews

"I strongly recommend Russ and associates."

Frequently Asked Questions

Do my dependent children have to file their own tax returns? +

If you have dependent children, they may need to file their own tax returns if they earned income beyond the personal exemption amount.

What are the common myths about tax credits? +

Tax credits can reduce your tax bill dollar-for-dollar, but many people misunderstand how to maximize them. Common myths include thinking credits are only for certain income levels or that they are less valuable than deductions.

What are the common myths about capital gains taxes? +

Capital gains taxes are often misunderstood, with myths including that they apply to all investment income or that they are only for high earners. In reality, capital gains tax rates depend on the holding period and income level.

How can I prepare for tax filing season? +

To prepare for tax filing season, organize all financial documents, review deductions and credits, and consider setting aside funds for potential tax liabilities.

What are the costly mistakes people make with unearned income? +

Common costly mistakes with unearned income include failing to report all sources, incorrect classification of income, and overlooking tax implications of foreign financial accounts.