Tax Services

TAX SERVICES

Hood, CPA & Associates has years of experience in tax preparation for businesses. From state and local tax planning, to filing federal tax returns, we find ways to maximize business tax credits by tailoring our approach to suit the individual tax planning needs of our clients.

We're always here to assist clients with business startups, business acquisitions and sales, or to consult on other accounting matters that affect LLC tax, partnerships, S and C corporation tax. 


We have extensive experience in business formation, sales and acquisitions, R&D tax credits, tax planning, tax return amendments, IRS tax resolution, and business valuation.


Additionally, our accountants aid clients with income tax services such as income tax preparation and tax return services. Hood CPA & Associates strives to provide the best tax services as possible.


If you've ever wondered, what is my business worth? We can help you determine the answer!

Tax Planning in Chattanooga, TN

We work with startups to select the right entity for their business. We have a thorough understanding of R&D tax credits, no-profit tax, and estate and trust tax. We can go through a company's financials to find areas that might not be accounted for under its current tax structure.

By staying current on ever-changing tax codes, our team ensures that clients receive all eligible tax credits. We also utilize an incredibly useful tax plan calculator to provide the very best tax preparation services to our clients.

Whether filing a tax return amendment to recommending tax accounting method changes, Hood, CPA & Associates helps clients with all their tax planning needs.

 Hood, CPA & Associates believes in taking a proactive approach to tax services.

Business Tax Preparation

As your personal business accountant, we will prepare your federal, state and local tax returns and also be proactive for your business. We will assist and identify any areas that your business or current tax structure might not be accounted for.

  • R & D tax credits
  • Tax accounting method changes
  • Consult on tax matters for partnerships / LLCs, S and C Corporations
  • Consult on tax matters for Estate and Trust tax returns 
  • Tax credit maximization
  • Tax consulting for a sale of a business
  • Tax consulting for an acquisition of a business
  • Assist in start-up businesses
  • Assist in entity selection of a start-up business
  • Tax Return Amendments

Individual Income Tax Preparation

Our income tax preparation services will help plan your individual income tax return.

  • 1040 Federal and State
  • Estimated Tax Vouchers
  • Tax Return Amendments



Tax Planning Services

We will assist in opportunities that will minimize both your current and future tax liabilities.

  • Business Tax Planning and Compliance
  • Trust and Estate Tax Planning and Compliance
  • Individual Tax Planning
  • IRS Notice Resolution
  • Tax Preparation Services

IRS Tax Resolution 

We will assist in any tax notice you receive from the IRS.

  • Assist in preparation and filing of prior year returns
  • Assist with IRS or State audits
  • Assist in negotiating tax settlements
  • Assist in tax liens and IRS levies
  • Clearly and concisely explain your options regarding any received notices

For any tax service inquiries, please fill in the following contact form:

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