Monica Buchanan CFO MDBuchanan & Associates, LLC

Monica Buchanan, CEO

About Monica Buchanan

Monica Buchanan is a United States Army Service-Connected Disabled Veteran. She is a proud military wife, mother of five adult children, and has lived in North Carolina longer than she spent in her native state, South Carolina. Since the young age of eight years old, Monica has been interested in Free Enterprise and entrepreneurship. 

Among her various degrees and certifications, earning her MBA, in 2010, was a turning point in her career. While she has been focused on business since her youth, she decided that she wanted to develop guidelines and planning processes to help more self-employed business owners achieve their goals and transition to becoming small business owners. Her MBA was the catalyst that prompted Monica to obtain a Doctorate in Business Administration. 

MDBuchanan & Associates, LLC was established by its President and CEO, Mrs. Monica Buchanan, in 2001. Monica is a Business Developer, Accounting Professional, an Individual and Expert Business Income Tax Preparer also known as an Enrolled Agent, and an “Entrepreneur at heart”. Mrs. Buchanan currently owns and operates an accounting firm, income tax preparation services company, online retail store, and a home health care agency. She thought it wise to focus on one aspect of MDBuchanan & Associates dba Nations Taxation since it is tax time. 

MDBuchanan & Associates recognizes that most tax preparation companies don’t maximize returns or minimize liability. Monica’s experience working as a supervisor for one of the best-known tax preparation companies taught her to spend time with each client- based on the client’s needs (not the company’s needs) to ensure that the outcome of the return is the best it can be! 

MDBuchanan & Associates offers free review services to all clients, reviewing the previous year’s prepared tax returns or IRS CP Notices received. We have a 100% success rate for getting our clients additional monies from the previous year’s tax returns completed by other tax preparation companies by filing amendments on our client’s behalf.

There is always a patient and professional Accountant and an Enrolled Agent available at MDBuchanan & Associates, LLC that will never put you on a timetable or charge you for reviewing your accounting, tax preparation or IRS problems, such as liens or wage garnishments.  Monica Buchanan and her team of multidisciplinary professionals specialize in preparing taxes for entire families. Our motto has stood tall for more than two decades: “We maximize refunds and minimize tax liabilities!”

We provide virtual income tax preparation via our website at MDBandAssoc.com. Check us out! The consultation is FREE! Monica’s question to you is not, “What do you have to lose?”. Instead, she asks, “What do you want to gain?”. 

We assist in tracking your finances, throughout the year, to maximize your return and make tax season a breeze!

Our priority lies in assisting business-to-business, business-to-customer, and non-profit organizations using excellent communication skills, written and verbal, which are essential in helping clients identify new sales leads, pitch products and services, and maintain fruitful relationships with existing customers

Services

We are registered as an IRS E-file provider. With more than 25 years experience preparing business, federal, and state income tax returns, we are very knowledgeable about IRS forms and tax laws. We pride ourselves on being the best in the industry! We take our job of getting you the largest refund or least tax liability professionally and seriously! We work with each client on a one-on-one basis and will spend as much time as necessary to ensure you receive THE MAXIMUM benefit in accounting and income tax preparation. Do you need prior year returns reviewed? We will do so at no charge to you. Have you grown tired of receiving notices from the IRS? Contact us. We will work with you to set up payments with the IRS, settle for pennies on the dollar, or amend the income tax returns.

As a certified QuickBooks Pro Advisor, MDBuchanan & Associates is capable of handling all of your QuickBooks needs. Whether you are using QuickBooks Online, Desktop Pro or Enterprise, we are more than capable of getting your company established using QuickBooks; fix accounting errors; maintain your QuickBooks account; provide monthly, quarterly, semi-annual or annual reviews of your QuickBooks accounting system; or design QuickBooks services to suit your company’s needs. We work with individuals and companies to ensure that the business is using the appropriate version of QuickBooks and take the time to help clients understand how to maintain their accounting system.

Certified in Professional Bookkeeping, Professional Accounting, and Professional Income Tax Preparation, our bookkeepers and accountants are well-trained and capable of handling all of your accounting needs. The bookkeepers have reviewed and created all financial statements and have worked with businesses- small to large. Verifying and tracking transactions is what they do best! Expense reports, Accounts Payable, Accounts Receivables, purchase orders, payroll, and more, is our specialty! These bookkeepers are well-versed in the art of bookkeeping and work under the supervision of Monica Buchanan- an accountant and enrolled agent. If you have questions or need professional accounting and bookkeeping services, MDBuchanan & Associates, LLC can handle all of your accounting and bookkeeping needs.

About Us

MDBuchanan & Associates, LLC prioritizes assisting business-to-business, business-to-customer, and non-profit organizations using excellent communication skills, written and verbal, which are essential in helping clients identify new sales leads, pitch products and services, and maintain fruitful relationships with existing customers. The staff is highly methodical and organized with a proven track record of helping individuals and businesses create, enhance, and finalize businesses. We are instrumental in motivating and developing teams in delivering top quality products, services, and customer care while facilitating structural changes in the most proficient manner. We work well under pressure and work hard to meet all deadlines.

The staff is orderly and organized with a proven track record of helping individuals and businesses create, enhance, and finalize businesses. We are instrumental in motivating and developing teams in delivering top-quality products, services, and customer care while facilitating structural changes in the most proficient manner. We work well under pressure and work hard to meet all deadlines. All staff has remarkable abilities in researching organizations and individuals online to identify new leads and potential new markets; the needs of other companies and learning who makes decisions; contacting potential clients to establish rapport; set up meetings; plan and oversee new marketing initiatives, attend conferences, meetings, and industry events. Our team has excellent problem solving abilities and administrative and organizational abilities with close attention to detail. Our in-house IT Department showcases excellent IT skills and knowledge of CRM, Microsoft Office Suite, Adobe, and many more.

MDBuchanan & Associates can handle any and all of your business and accounting needs. Every contract is individually tailored to the needs of the client. The professional staff at MDBuchanan & Associates accepts responsibility for all areas relating to financial reporting while developing and maintaining accounting principles, practices and procedures to ensure accurate and timely filing and financial statement completion. Staff accountants are supervised by CFO, Monica Buchanan, who ensures that work is properly allocated, prepared with the utmost integrity, and completed in a timely and accurate manner. Our staff has strong interpersonal communication skills while addressing tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation and the support of budget and forecast activities.