Providing Expert Tax And Accounting Help Since 2007
TRUSTED TAX AND ACCOUNTING EXPERTS WHO DELIVER RESULTS
Expert tax preparation and accounting services for individuals and businesses ready to thrive
Welcome
Why Choose Us?
Services
Expert Accounting Services At An Affordable Cost
MTS Accounting provides expert business tax preparation, planning, and compliance services tailored to your company’s needs.
Busy Schedule?
Drop-Off Services Are Available!
States Served
Personalized Solutions
Personalized Solutions
Experts that address your unique financial needs and objectives.
Years of Experience
Professional Support
Professional Support
Our accounting experts bring nearly two decades of experience in business tax services.
About Us
Lexington’s Trusted Accounting & Tax Experts
Helping businesses and individuals achieve financial clarity through trusted tax, bookkeeping, and advisory solutions.
Our Services
Our Services
Our Services
Comprehensive Accounting & Tax Services for Individuals and Businesses
MTS Accounting offers a full suite of professional financial services to help clients stay compliant, reduce tax liabilities, and strengthen long-term financial performance. Learn more about each service by clicking the relevant link below.
Tax Preparation
Tax Preparation
Tax Preparation
Accounting Services
Accounting Services
Accounting Services
Temporary CFO Services
Temporary CFO Services
Temporary CFO Services
IRS Assistance
IRS Assistance
IRS Assistance
Debt Relief Services
Debt Relief Services
Debt Relief Services
Business Tax Planning
Business Tax Planning
Business Tax Planning
Tight On Time?
Tight On Time?
Drop Off Your Documents When It's Convenient To You
We recognize that your time is valuable. To make the process more convenient for you, we offer an alternative to waiting at the office. Simply drop off your information or submit it securely online, and we will contact you to address any questions. Once all details are finalized, we will reach out to with your numbers for approval. If everything meets your expectations, you can visit us at your convenience to sign and complete your payment.
Additional Services
Need Help With Other Common Tax Issues?
Our professionals offer a diverse range of services that may not be listed. Please feel free to reach out with any questions about specific services.
Notary Services
ITIN - Certified Acceptance Agents
Budget Assistance
Business Licensing
Personal Financials
Workers' Compensation Audits
Regulatory Guidance
Business Formation
Payroll Processing
Business Projections and Analysis
Business Financials
Translation Services
Out-of-State Filings
Notary Services
ITIN - Certified Acceptance Agents
Budget Assistance
Business Licensing
Personal Financials
Workers' Compensation Audits
Regulatory Guidance
Business Formation
Payroll Processing
Business Projections and Analysis
Business Financials
Translation Services
Out-of-State Filings
Notary Services
ITIN - Certified Acceptance Agents
Budget Assistance
Business Licensing
Personal Financials
Workers' Compensation Audits
Regulatory Guidance
Business Formation
Payroll Processing
Business Projections and Analysis
Business Financials
Translation Services
Out-of-State Filings
Testimonials
Hear More From Our Clients
Hear from real clients who trust MTS Accounting for accurate bookkeeping, tax preparation, and financial management services.
MTS did a fantastic job and communicated well throughout the whole process. Glad that I have a trusted service for years to come
Geoff Byrd
Google Review
MTS did a fantastic job and communicated well throughout the whole process. Glad that I have a trusted service for years to come
Geoff Byrd
Google Review
I was completing my taxes through turbo tax and got a very disappointing estimate. I started looking around for alternative options for getting my taxes filed when I was recommended to Michelle's tax services. When I say I was absolutely astonished by how wonderful the staff were and how incredibly helpful they were with me. At first, I was sceptical since I could not find any reviews or much information on the LLC despite what the website stated and what my friends said. Though I am here to assure you, they are real and were a huge help. They helped me receive the refund I deserved after paying into taxes all year with no stress on my part! I would highly recommend anyone looking to file taxes in Lexington, KY to come here!!
Austin Asbury
Google Review
I was completing my taxes through turbo tax and got a very disappointing estimate. I started looking around for alternative options for getting my taxes filed when I was recommended to Michelle's tax services. When I say I was absolutely astonished by how wonderful the staff were and how incredibly helpful they were with me. At first, I was sceptical since I could not find any reviews or much information on the LLC despite what the website stated and what my friends said. Though I am here to assure you, they are real and were a huge help. They helped me receive the refund I deserved after paying into taxes all year with no stress on my part! I would highly recommend anyone looking to file taxes in Lexington, KY to come here!!
Austin Asbury
Google Review
I recently had the pleasure with working with MTS, and I could not be more please with the process from start to finish. Every employee in the office is very knowledgeable, friendly, and incredibly helpful. As someone who experiences tax anxiety every year, MTS takes this panic away. They made everything manageable and stress free. They are reasonably priced and go above and beyond for every customer that walks through the door. I couldn't recommend MTS enough. I have already booked an appointment for next year!
Zachary Watson
Google Review
I recently had the pleasure with working with MTS, and I could not be more please with the process from start to finish. Every employee in the office is very knowledgeable, friendly, and incredibly helpful. As someone who experiences tax anxiety every year, MTS takes this panic away. They made everything manageable and stress free. They are reasonably priced and go above and beyond for every customer that walks through the door. I couldn't recommend MTS enough. I have already booked an appointment for next year!
Zachary Watson
Google Review
have had my taxes done for the last 2 years here and it has been a great experience! Very fast and everyone you speak with is so nice! Will never go anywhere else!
Jaclyn Leadingham
Google Review
have had my taxes done for the last 2 years here and it has been a great experience! Very fast and everyone you speak with is so nice! Will never go anywhere else!
Jaclyn Leadingham
Google Review
Exceptional service for a great price. Very responsive and answered all questions/concerns. 10/10 would recommend.
Taylor Higgs
Google Review
Exceptional service for a great price. Very responsive and answered all questions/concerns. 10/10 would recommend.
Taylor Higgs
Google Review
I recently had the pleasure with working with MTS, and I could not be more please with the process from start to finish. Every employee in the office is very knowledgeable, friendly, and incredibly helpful. As someone who experiences tax anxiety every year, MTS takes this panic away. They made everything manageable and stress free. They are reasonably priced and go above and beyond for every customer that walks through the door. I couldn't recommend MTS enough. I have already booked an appointment for next year!
Zachary Watson
Google Review
have had my taxes done for the last 2 years here and it has been a great experience! Very fast and everyone you speak with is so nice! Will never go anywhere else!
Jaclyn Leadingham
Google Review
I was completing my taxes through turbo tax and got a very disappointing estimate. I started looking around for alternative options for getting my taxes filed when I was recommended to Michelle's tax services. When I say I was absolutely astonished by how wonderful the staff were and how incredibly helpful they were with me. At first, I was sceptical since I could not find any reviews or much information on the LLC despite what the website stated and what my friends said. Though I am here to assure you, they are real and were a huge help. They helped me receive the refund I deserved after paying into taxes all year with no stress on my part! I would highly recommend anyone looking to file taxes in Lexington, KY to come here!!
Austin Asbury
Google Review
Exceptional service for a great price. Very responsive and answered all questions/concerns. 10/10 would recommend.
Taylor Higgs
Google Review
MTS did a fantastic job and communicated well throughout the whole process. Glad that I have a trusted service for years to come
Geoff Byrd
Google Review
FAQ
Your Guide to Quick Solutions
We are always happy to help. If you have additional questions please contact us using the link below.
When are taxes due?
- Individual federal income tax returns are generally due April 15 each year. If this date falls on a weekend or holiday, the due date shifts to the next business day.
- Extensions are available
o Tax extensions can be filed to extend the filing deadline to October 15, but the tax payment deadline remains April 15. Form 4868 is used for individuals, and Form 7004 for businesses.
What documents do I need to file my taxes?
Common documents include:
o W-2 (wage statement)
o 1099 forms (freelance, interest, dividends, etc.)
o Receipts for deductions
o Last year’s tax return
o Proof of identity (e.g., Social Security number or ITIN)
o Routing & account number for refunds and/or tax payments (usually found on a voided check)
How can I pay my federal and state tax obligations?
Federal Taxes can be paid via https://www.irs.gov/payments
Information on other jurisdictions can be found at https://www.irs.gov/businesses/small-businesses-self-employed/state- government-websites
What records should I keep for business tax purposes?
Keep records like:
o Receipts and invoices
o Bank and credit card statements
o Mileage logs
o Payroll records
o Tax returns for at least 3–7 years
What is Form W-9?
A Form W-9, Request for Taxpayer Identification Number and Certification, is an official IRS form used by U.S. persons (including individuals, independent contractors, freelancers, sole proprietors, partnerships, corporations, and other entities) to provide their accurate Taxpayer Identification Number (TIN) and other certification information to entities who are required to report payments made to them to the IRS.
I filed and have not received my bill/charge or refund?
Electronically Filed Returns: Refunds or charges usually process within 21 days. Check the status using the IRS Where's My Refund tool (updates daily, 24 hours after e-filing acceptance) or by calling the IRS refund hotline (1-800-829-1954).
Paper Filed Returns: Refunds or charges typically take 6 to 8 weeks to process. Check the status using the Where's My Refund tool (available 4 weeks after mailing) or the refund hotline (wait 6 weeks after mailing). Amended Returns: Allow up to 3 weeks to show in the system and up to 16 weeks to process.
ITIN Requests or Renewal: Please allow additional time when your return includes ITIN renewal
*Please contact us if you feel your return has not been processed in the timeframes outlined above.
Do I file my business and personal taxes separately?
An LLC can choose how it's taxed. By default, single-member LLCs are treated like sole proprietorships, and multi-member LLCs are treated like partnerships. However, an LLC can elect to be taxed as a C Corporation or an S Corporation by filing Form 8832 or Form 2553, respectively. If an LLC makes such an election, its tax filing requirements align with the chosen corporate structure.
Separately: Only if your business is structured as a C Corporation or an S Corporation. These file taxes at the corporate level (Form 1120). LLCs can elect to be taxed as corporations.
Together (Pass-Through): If your business is a sole proprietorship, single-member LLC (by default), or partnership, business income and losses are reported on your personal return (Form 1040). Sole proprietorships and single-member LLCs use Schedule C. Partnerships (including multi-member LLCs taxed as partnerships) file Form 1065, issuing Schedule K-1s to partners for reporting on their personal returns.
What expenses can my business deduct?
Typical deductible expenses:
o Office rent
o Supplies and equipment
o Business meals (partial)
o Travel expenses
o Software subscriptions
o Payroll
What is an EIN and do I need one?
Employer Identification Number (EIN) is like an SSN for businesses. You generally need one if you hire employees, operate as a corporation or partnership, or file certain business tax returns.
What should I do if I get audited?
Stay calm. The IRS will notify you by mail.
Gather your documentation and respond timely.
At MTS Accounting, we stand by the quality of our work and our commitment to our clients. We will provide full support throughout the entire process.
When are taxes due?
- Individual federal income tax returns are generally due April 15 each year. If this date falls on a weekend or holiday, the due date shifts to the next business day.
- Extensions are available
o Tax extensions can be filed to extend the filing deadline to October 15, but the tax payment deadline remains April 15. Form 4868 is used for individuals, and Form 7004 for businesses.
What documents do I need to file my taxes?
Common documents include:
o W-2 (wage statement)
o 1099 forms (freelance, interest, dividends, etc.)
o Receipts for deductions
o Last year’s tax return
o Proof of identity (e.g., Social Security number or ITIN)
o Routing & account number for refunds and/or tax payments (usually found on a voided check)
How can I pay my federal and state tax obligations?
Federal Taxes can be paid via https://www.irs.gov/payments
Information on other jurisdictions can be found at https://www.irs.gov/businesses/small-businesses-self-employed/state- government-websites
What records should I keep for business tax purposes?
Keep records like:
o Receipts and invoices
o Bank and credit card statements
o Mileage logs
o Payroll records
o Tax returns for at least 3–7 years
What is Form W-9?
A Form W-9, Request for Taxpayer Identification Number and Certification, is an official IRS form used by U.S. persons (including individuals, independent contractors, freelancers, sole proprietors, partnerships, corporations, and other entities) to provide their accurate Taxpayer Identification Number (TIN) and other certification information to entities who are required to report payments made to them to the IRS.
I filed and have not received my bill/charge or refund?
Electronically Filed Returns: Refunds or charges usually process within 21 days. Check the status using the IRS Where's My Refund tool (updates daily, 24 hours after e-filing acceptance) or by calling the IRS refund hotline (1-800-829-1954).
Paper Filed Returns: Refunds or charges typically take 6 to 8 weeks to process. Check the status using the Where's My Refund tool (available 4 weeks after mailing) or the refund hotline (wait 6 weeks after mailing). Amended Returns: Allow up to 3 weeks to show in the system and up to 16 weeks to process.
ITIN Requests or Renewal: Please allow additional time when your return includes ITIN renewal
*Please contact us if you feel your return has not been processed in the timeframes outlined above.
Do I file my business and personal taxes separately?
An LLC can choose how it's taxed. By default, single-member LLCs are treated like sole proprietorships, and multi-member LLCs are treated like partnerships. However, an LLC can elect to be taxed as a C Corporation or an S Corporation by filing Form 8832 or Form 2553, respectively. If an LLC makes such an election, its tax filing requirements align with the chosen corporate structure.
Separately: Only if your business is structured as a C Corporation or an S Corporation. These file taxes at the corporate level (Form 1120). LLCs can elect to be taxed as corporations.
Together (Pass-Through): If your business is a sole proprietorship, single-member LLC (by default), or partnership, business income and losses are reported on your personal return (Form 1040). Sole proprietorships and single-member LLCs use Schedule C. Partnerships (including multi-member LLCs taxed as partnerships) file Form 1065, issuing Schedule K-1s to partners for reporting on their personal returns.
What expenses can my business deduct?
Typical deductible expenses:
o Office rent
o Supplies and equipment
o Business meals (partial)
o Travel expenses
o Software subscriptions
o Payroll
What is an EIN and do I need one?
Employer Identification Number (EIN) is like an SSN for businesses. You generally need one if you hire employees, operate as a corporation or partnership, or file certain business tax returns.
What should I do if I get audited?
Stay calm. The IRS will notify you by mail.
Gather your documentation and respond timely.
At MTS Accounting, we stand by the quality of our work and our commitment to our clients. We will provide full support throughout the entire process.
When are taxes due?
- Individual federal income tax returns are generally due April 15 each year. If this date falls on a weekend or holiday, the due date shifts to the next business day.
- Extensions are available
o Tax extensions can be filed to extend the filing deadline to October 15, but the tax payment deadline remains April 15. Form 4868 is used for individuals, and Form 7004 for businesses.
What documents do I need to file my taxes?
Common documents include:
o W-2 (wage statement)
o 1099 forms (freelance, interest, dividends, etc.)
o Receipts for deductions
o Last year’s tax return
o Proof of identity (e.g., Social Security number or ITIN)
o Routing & account number for refunds and/or tax payments (usually found on a voided check)
How can I pay my federal and state tax obligations?
Federal Taxes can be paid via https://www.irs.gov/payments
Information on other jurisdictions can be found at https://www.irs.gov/businesses/small-businesses-self-employed/state- government-websites
What records should I keep for business tax purposes?
Keep records like:
o Receipts and invoices
o Bank and credit card statements
o Mileage logs
o Payroll records
o Tax returns for at least 3–7 years
What is Form W-9?
A Form W-9, Request for Taxpayer Identification Number and Certification, is an official IRS form used by U.S. persons (including individuals, independent contractors, freelancers, sole proprietors, partnerships, corporations, and other entities) to provide their accurate Taxpayer Identification Number (TIN) and other certification information to entities who are required to report payments made to them to the IRS.
I filed and have not received my bill/charge or refund?
Electronically Filed Returns: Refunds or charges usually process within 21 days. Check the status using the IRS Where's My Refund tool (updates daily, 24 hours after e-filing acceptance) or by calling the IRS refund hotline (1-800-829-1954).
Paper Filed Returns: Refunds or charges typically take 6 to 8 weeks to process. Check the status using the Where's My Refund tool (available 4 weeks after mailing) or the refund hotline (wait 6 weeks after mailing). Amended Returns: Allow up to 3 weeks to show in the system and up to 16 weeks to process.
ITIN Requests or Renewal: Please allow additional time when your return includes ITIN renewal
*Please contact us if you feel your return has not been processed in the timeframes outlined above.
Do I file my business and personal taxes separately?
An LLC can choose how it's taxed. By default, single-member LLCs are treated like sole proprietorships, and multi-member LLCs are treated like partnerships. However, an LLC can elect to be taxed as a C Corporation or an S Corporation by filing Form 8832 or Form 2553, respectively. If an LLC makes such an election, its tax filing requirements align with the chosen corporate structure.
Separately: Only if your business is structured as a C Corporation or an S Corporation. These file taxes at the corporate level (Form 1120). LLCs can elect to be taxed as corporations.
Together (Pass-Through): If your business is a sole proprietorship, single-member LLC (by default), or partnership, business income and losses are reported on your personal return (Form 1040). Sole proprietorships and single-member LLCs use Schedule C. Partnerships (including multi-member LLCs taxed as partnerships) file Form 1065, issuing Schedule K-1s to partners for reporting on their personal returns.
What expenses can my business deduct?
Typical deductible expenses:
o Office rent
o Supplies and equipment
o Business meals (partial)
o Travel expenses
o Software subscriptions
o Payroll
What is an EIN and do I need one?
Employer Identification Number (EIN) is like an SSN for businesses. You generally need one if you hire employees, operate as a corporation or partnership, or file certain business tax returns.
What should I do if I get audited?
Stay calm. The IRS will notify you by mail.
Gather your documentation and respond timely.
At MTS Accounting, we stand by the quality of our work and our commitment to our clients. We will provide full support throughout the entire process.
Contact Us
Request A Free Consultation
If you need assistance with your tax preparation, bookkeeping, financial consulting, or any other accounting services, please feel free to reach out to us via email, phone, or by visiting our office.
By Appointment Only
Office Hours
Mon - Fri: 10am - 2pm
Contact Us
Request A Free Consultation
If you need assistance with your tax preparation, bookkeeping, financial consulting, or any other accounting services, please feel free to reach out to us via email, phone, or by visiting our office.
By Appointment Only
Office Hours
Mon - Fri: 10am - 2pm
Contact Us
Request A Free Consultation
If you need assistance with your tax preparation, bookkeeping, financial consulting, or any other accounting services, please feel free to reach out to us via email, phone, or by visiting our office.
By Appointment Only
Office Hours
Mon - Fri: 10am - 2pm