Commonwealth Tax and Insurance

Commonwealth Tax and Insurance is an accountant in Midlothian, VA. The firm provides tax preparation, tax planning, and financial planning services to individuals and small businesses. It also offers retirement planning for clients seeking a secure financial future. The practice serves a wide area, including Midlothian, Chesterfield County, Richmond, Petersburg, Glen Allen, Henrico County, Ashland, and Hanover County. The business holds a rating of 5.00 based on customer reviews.

The firm operates as a small, full-service practice that focuses on solving complex tax issues while maintaining a personal approach. Its tax professionals possess over 30 years of combined experience in tax preparation. Markus Reid, the owner, is a licensed Certified Public Accountant and an Enrolled Agent with more than 17 years of experience in accounting and tax preparation. His professional background includes roles as an internal auditor for LandAmerica Financial Group, a CFO for a small government contractor, and a tax preparer for a major tax preparation company. Reid is also a licensed agent for health, life, and annuity insurance. The firm’s services extend to small business accounting, QuickBooks payroll processing, and life insurance and annuities. For financial planning, the team assists clients with funding education, saving for retirement, protecting family assets, and managing investment goals. The firm also handles estate planning tasks, such as reviewing wills and powers of attorney to help minimize probate costs and estate taxes.

The office is located at 1520 Huguenot Rd #116 in Midlothian. It sits on Huguenot Road, near the Bransford and Olde Coach Village neighborhoods. The site is about half a mile from the Chesterfield Towne Center and the Chesterfield Farmers Market.

Commonwealth Tax and Insurance is known for its positive rating from customers who have reviewed it. The firm combines deep tax expertise with personalized financial advice, serving the Midlothian and Richmond communities with a focus on accountability and responsiveness.