
Monica Buchanan, CEO
About Monica Buchanan
Monica Hutto Buchanan is a United States Army Service-Connected Disabled Veteran, proud military wife, and mother of five adult children. Originally from South Carolina and now a long-time North Carolina resident, Monica has been passionate about free enterprise and entrepreneurship since the age of eight.
In 2010, earning her MBA became a turning point in her career. Building on decades of business experience, she set out to create proven planning processes to help self-employed individuals transition into thriving small business owners. Her academic journey continued as she completed all coursework toward her Doctorate in Business Administration, deepening her expertise in strategic business development and leadership.
Monica is the President and CEO of MDBuchanan & Associates, LLC, which she founded in 2001. She is an accomplished Business Developer, Accounting Professional, and IRS Enrolled Agent specializing in both individual and business income tax preparation. Under her leadership, MDBuchanan & Associates has become known for its personalized, client-first approach — ensuring each tax return is optimized for maximum refunds and minimum liabilities.
Her firm offers free reviews of prior-year tax returns and IRS notices, boasting a 100% success rate in securing additional refunds for clients through amended filings when prior preparers missed opportunities. Monica and her multidisciplinary team provide patient, professional service without rushing clients, assisting with everything from tax preparation to IRS problems such as liens and wage garnishments.
For more than two decades, her motto has stood strong: “We maximize refunds and minimize tax liabilities.” MDBuchanan & Associates offers convenient virtual tax preparation services via MDBandAssoc.com, with free consultations available. Monica’s challenge to every client is simple: “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.