Virginia · VA

Find CPAs & accounting professionals in Richmond

Richmond CPAs serve Fortune 500 headquarters, banking and insurance, tobacco-to-tech manufacturers, and Virginia's state-capital legal and government economy.

Richmond directory

Verified professionals serving Richmond

As verified CPAs, accountants, and firms claim profiles, they will appear here. Be among the first listed in Richmond.

Local hiring guide

Common CPA services in Richmond

The work Richmond residents and small businesses most often hire a CPA to handle.

  • Annual business and individual tax preparation
  • Tax planning and quarterly estimates
  • Bookkeeping and monthly close
  • Entity selection and formation (LLC, S-corp, C-corp)
  • Payroll setup and filings
  • IRS notice response and audit representation
  • Financial statement preparation (compilation / review)

Industries

Small-business industries shaping Richmond

The local economy your Richmond CPA should already know how to serve.

Banking, insurance & financial services

Manufacturing & advanced materials

Healthcare & life sciences

Government & legal services

Real estate & development

Decision guide

When to hire a CPA vs. a bookkeeper

A bookkeeper records the past. A CPA shapes the future — taxes, structure, strategy.

Hire a bookkeeper when…

  • You need day-to-day transaction categorization and bank reconciliations
  • You want monthly financials but no tax filings or planning
  • Revenue is under ~$500K and your structure is simple (sole prop / single-member LLC)
  • You already have a CPA for taxes and just need clean books

Hire a CPA when…

  • You're filing business taxes (S-corp, C-corp, partnership)
  • You need tax planning, entity restructuring, or multi-state filings
  • You received an IRS or state tax notice or are facing an audit
  • You're raising capital, selling a business, or doing equity comp planning
  • Your books are a mess and you need cleanup plus a long-term advisor

Before you sign

Questions to ask any Richmond CPA before hiring

Use this checklist on your first call. Strong CPAs welcome these questions.

  1. Are you a licensed CPA in this state? What's your license number?
  2. What industries do you specialize in, and how many clients like me do you serve?
  3. Who actually does the work — you, a staff accountant, or an offshore team?
  4. How do you bill — hourly, fixed-fee, or monthly retainer? What's typical for my size?
  5. What software do you use (QuickBooks, Xero, NetSuite), and do I get access to my files?
  6. How do you handle IRS notices or audits if they come up later?
  7. What's your response-time expectation during and outside of tax season?
  8. Can you provide references from clients in my industry?

Stay compliant

Tax deadlines and Virginia notes

Federal deadlines plus the state and local filings that catch most filers off guard.

May 1

Virginia individual income tax return (Form 760) due — Virginia's filing deadline is later than the federal April 15 date.

Apr 15

Virginia corporate income tax return (Form 500) and federal individual / C-corp returns due.

Mar 1

City of Richmond BPOL (business license) tax return and renewal due to the Department of Finance.

Jan 31

W-2s and 1099-NEC due to recipients and the IRS.

Mar 15

S-corp (1120-S) and partnership (1065) returns or 6-month extension.

Apr 15

Individual (1040) and C-corp (1120) returns; Q1 estimated taxes due.

Jun 16

Q2 estimated taxes due.

Sep 15

Q3 estimates; extended S-corp and partnership returns due.

Oct 15

Extended individual and C-corp returns due.

Informational only — not tax advice. Confirm current deadlines with your CPA or the relevant authority.

Nearby

Nearby cities to Richmond

Major metros our directory also serves.

FAQ

Frequently asked questions about CPAs in Richmond

How much does a CPA cost in Richmond?

Richmond CPAs typically charge $200–$425/hour, $350–$1,300 for individual returns, and $1,300–$5,500+ for business returns. Banking, insurance, and manufacturing specialists charge a premium for ASC 740 provisions, cost segregation, and multi-state nexus work.

Why does Virginia have a May 1 filing deadline?

Virginia statutorily sets the individual income tax return due date at May 1 (not the federal April 15). Most Richmond CPAs still target April 15 to align with the federal return, but the extra two weeks gives breathing room for late K-1s without filing an extension.

What is the Richmond BPOL tax?

The Business, Professional and Occupational License (BPOL) tax is a gross-receipts license fee levied by the City of Richmond and most Virginia localities. Rates vary by business classification (typically $0.20–$0.58 per $100 of gross receipts) and the return is due March 1 each year.

Does Virginia have a pass-through entity tax election?

Yes — Virginia's elective PTET allows partnerships and S-corps to pay a 5.75% entity-level tax on Virginia-source income, which is federally deductible and credited back to owners, preserving the federal SALT-cap workaround.