Accounting

    Accounting you can build decisions on.

    Monthly bookkeeping, reconciliations, financial statements and multi-state compliance under one CPA-supervised engagement — so your books are accurate, tax-ready and trusted by your bank, your board and you.

    Free consultation Send a message

    Free initial consultation · No obligation

    • Licensed CPA firm
    • Transparent, fair fees — quoted upfront

    What accounting services does a small business in DC, Maryland, or Virginia need?

    Most small businesses in DC, Maryland and Virginia need monthly bookkeeping, quarterly financial statements, payroll tax filings, sales tax compliance (each jurisdiction has its own rates and rules), annual business tax returns and year-end adjusting entries. A CPA-supervised accounting service handles all of these under one engagement.

    Sound familiar?

    • Three states, three tax authorities, three sets of rules — sales tax compliance alone is a nightmare
    • Your accountant left mid-year and no one knows where anything stands
    • Financial reports aren't trusted by you, your bank, or your investors
    • Every tax season the CPA finds errors the bookkeeper made all year

    A CPA-supervised accounting engagement brings all of this under one team, so you stop juggling providers and see year-end issues early.

    What's Included in Our Accounting Service

    Full-service accounting under one engagement. CPA-reviewed, GAAP-compliant, tax-ready.

    Monthly Accounting (Journal Entries, GL Review, Reconciliation)

    Every month: journal entries posted, general ledger reviewed for errors, all accounts reconciled to bank and credit card statements. No more surprises at year-end.

    Financial Statement Preparation

    CPA-reviewed income statement, balance sheet, and cash flow statement delivered on a monthly schedule we agree with you. Suitable for bank presentations, investor reporting, and internal decision-making.

    Sales Tax Filing (DC, Virginia, Maryland)

    We register, file, and remit sales tax in all applicable jurisdictions: DC (6%), Virginia (5.3% + BPOL), and Maryland (6% + county). We track filing deadlines and where you have a filing obligation.

    Payroll Tax Compliance (Form 941, 940, W-2, 1099)

    Quarterly payroll tax deposits and filings (Form 941), annual federal unemployment tax (Form 940), and year-end W-2 and 1099 preparation and filing for all employees and contractors.

    Year-End Close & CPA Review

    Year-end adjusting entries, depreciation schedules, prepaid amortization, accruals, and a complete closing package. Every number reviewed by a CPA before the books are closed.

    Business Tax Return Preparation

    Partnership returns (Form 1065), S-corporation returns (Form 1120-S), C-corporation returns (Form 1120), and sole proprietor Schedule C. State returns for DC, MD, and VA included.

    DIY vs. Bookkeeper vs. CPA Firm

    Not all accounting help is the same. Here is what you actually get at each level.

    ComparisonDIYBookkeeperCPA Firm ✓
    LicenseNoneNone requiredCPA licensed
    Financial statementsBasic spreadsheetsQuickBooks exportGAAP-reviewed statements
    Tax complianceError-proneNot their jobHandled + reviewed
    Audit-ready booksNoSometimesYes
    Multi-state taxRiskyNot qualifiedHandled
    FeesYour timeVaries by providerQuoted upfront, in writing, after a short call

    State-Specific Tax Rules We Handle

    The DC/MD/VA region is one of the most complex multi-state tax environments in the country. We know every rule.

    Washington DC

    • DC sales tax: 6% on most goods and services
    • DC franchise tax (unincorporated business tax and corporate franchise tax)
    • DCRA business licensing requirements
    • DC employer withholding tax (Form FR-900)

    Virginia

    • VA sales tax: 5.3% statewide + local rates in some counties
    • BPOL tax — filed with your county or city, based on gross receipts
    • Virginia corporate income tax (6%) and pass-through entity tax
    • VA employer withholding (Forms VA-5, VA-6)

    Maryland

    • MD sales tax: 6% on most goods
    • County income tax: 2.25%–3.2% on top of state income tax (varies by county)
    • MD personal property tax return for business equipment (Form 1)
    • MD employer withholding and unemployment insurance

    Operating in more than one state? We handle nexus analysis, registration, and ongoing compliance in all three DMV jurisdictions — and any additional states where your business has activity.

    Industries We Serve Across DC, MD & VA

    Restaurants & Food Service

    General Contractors

    Professional Services

    Nonprofits (501(c)(3))

    Government Contractors

    Retail & E-Commerce

    Healthcare & Medical

    Real Estate & Property Management

    Related Services

    Bookkeeping Services

    Clean, tax-ready monthly books.

    Tax Preparation

    Business and individual tax returns for DC, MD, and VA.

    Virtual CFO Services

    Strategic financial oversight for growing businesses.

    Nonprofit Audit

    Single Audits and Form 990 for nonprofit organizations.

    Government Contractor Audit

    DCAA compliance, ICS preparation, FAR Part 31.

    Free consultation

    Talk to a CPA about your accounting needs.

    Accounting Services FAQs

    Common questions from DC, Maryland, and Virginia business owners about CPA accounting services.

    Bookkeeping is the day-to-day recording, categorizing, and reconciling of financial transactions. Accounting is the higher-level interpretation, analysis, and reporting of that data — including financial statement preparation, tax planning, audit support, and strategic financial advice. Our full accounting service includes CPA-supervised bookkeeping plus financial statements, tax compliance, and advisory.

    Yes. Multi-state accounting is a core specialty. The DC/MD/VA region has three tax authorities, three sales tax rates, unique local taxes (DC franchise tax, Virginia BPOL tax, Maryland county income taxes), and different filing deadlines. We handle all three jurisdictions under one engagement.

    DC: 6% on most goods and services. Virginia: 5.3% statewide plus local rates. Maryland: 6%. Virginia businesses also face BPOL tax — a local gross receipts tax filed with the county or city. We track all applicable obligations and file returns on your behalf.

    Yes. Business tax return preparation (Form 1065, 1120-S, 1120, or Schedule C) is included in accounting engagements. Having your accountant prepare your tax return eliminates handoff errors between firms.

    Monthly, on a close schedule we agree with you. You receive a complete set: income statement, balance sheet, and cash flow statement. You will always know your current financial position. Quarterly CPA review calls are included in Pro and Enterprise plans.

    Primarily QuickBooks Online. We also support Xero, and Deltek or Unanet for government contractors. All files are cloud-based so you have real-time access to your financials at any time.

    Yes. Nonprofits need fund accounting, functional expense allocation, and Form 990. Government contractors need FAR Part 31 cost accounting, indirect rate structures, and DCAA-ready systems. We have dedicated practices for both.

    All work is reviewed and signed off by a licensed CPA — not just a bookkeeper. CPAs are state-licensed, held to continuing education requirements, and bound by professional standards. You get financial statements and tax returns you can rely on, present to banks, and use to make confident business decisions.

    One Firm. Three States. Zero Accounting Headaches.

    Stop juggling DC, Maryland, and Virginia tax obligations separately. Our CPA-supervised accounting service handles everything — monthly financials, multi-state tax compliance, and year-end close — under one monthly engagement, with fees quoted upfront, in writing.

    Send a message

    Serving small businesses nationwide. CPA-supervised. Transparent, fair fees quoted upfront.

    Send a messageFree consultation