At Peden Accounting Services, we tailor our services to meet your specific needs and offer transparent pricing.

Tax Preparation & Planning Services for the Salon Industry

Salon Owners

salon person in a barber shop chair the hairdresser serves the client in the barber shop

Peden Accounting Services understands the unique financial needs and challenges faced by salon owners. Our specialized tax and accounting services are tailored to meet the requirements of your salon, whether you focus on hair, spa services, nails, or general esthetics.

With our expertise in the beauty industry, we offer comprehensive solutions for tax planning and tax preparation. Discover how our niche services can benefit salon owners like you.

Tax Planning:

Tax planning can be tough, especially for salon owners who don’t actually employ the stylists who work in their buildings. If stylists rent chairs from you, you might find yourself confused at tax time. Proper tax planning throughout the year can mitigate frustration.

Our experienced tax professionals proactively analyze your salon's financial situation, no matter what business model you use, and develop personalized strategies to reduce your tax burden. We help you identify potential deductions, credits, and incentives specific to the salon industry, enabling you to keep more of your hard-earned money every year.

Tax Preparation:

Peden Accounting Services offers expert tax preparation services for both Virginia and federal taxes. Complex tax code changes are no match for us as we work hard to save you money that can be reinvested in your salon business.

Why Choose Us?

Salon owners need dedicated tax and accounting professionals who understand the ever-changing world of beauty. Salon trends can change on a dime, and you need to be prepared.

Whether you need a loan to do a major aesthetic overhaul to your space or you need to hire an expert for a new “of-the-moment” service, we’re here to make sure you have the cash you need.

Industry Knowledge:

Our specialized services are developed based on our deep understanding of the salon industry. We are familiar with the specific tax regulations, deductions, and credits that apply to these types of businesses, including what supplies are tax-deductible. This expertise ensures that we can identify opportunities to save you money while avoiding common errors.

Time and Resource Savings:

Salon owners often wear multiple hats, managing both the business and client services. Outsourcing your tax and accounting needs to professionals allows you to focus on your core competencies while leaving the financial aspects to us. By leveraging our specialized services, you save valuable time and resources that can be better invested in growing your salon.

Compliance and Risk Mitigation:

Most salon owners don’t have a finance background, which can make the tax landscape feel daunting. After all, non-compliance can result in IRS penalties and audits. Fortunately, our tax and accounting services for salon owners ensure that you stay in full compliance with tax regulations, minimizing the risk of errors or omissions that could lead to financial and legal consequences.

At Peden Accounting Services, we know that your salon is as unique as you are. We’re here to provide you with a customized suite of tax and accounting services that will allow you to focus on what really matters – changing lives one client at a time.

We proudly serve Manassas, Virginia and the surrounding area.