Tax strategy for education professionals from a CPA firm in College Park, Maryland

College Park operates as a high-velocity innovation corridor where University of Maryland faculty and Discovery District entrepreneurs manage, potentially, multiple income streams. Professional life here generally fluctuates between federal research grants and sabbatical pay along with early-stage equity awards. A CPA firm in College Park, Maryland must synchronize such academic and tech-based financial inputs to make sure of full Prince George’s County compliance. We integrate the 1031 exchange data and R&D credits into a unified reporting architecture.
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States Served
50
We're peer-reviewed with clients in all 50 states.
Years of Experience
14+
Average years of audit & taxation experience per staff member.
Managing Auditors
50
Striving for customer satisfaction is top priority.

University grant cycles and multi-state sabbatical pay

Faculty members & researchers at UMD frequently encounter complicated taxation regarding federal honorariums as well as out-of-state lecture income. College Park accounting services near you validate that such guest-income spikes do not generate underpayment penalty payments during the summer months. Establishing a professional filing cadence for academic grants makes sure that the professional funding remains separated from personal household wages.
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Student housing portfolios and 1031 exchange timing

The high-density rental market surrounding campus necessitates aggressive depreciation schedules as well as meticulous unit-by-unit ledger maintenance. Moving capital from a single-family conversion into a larger multi-family asset requires a disciplined approach to basis tracking. If you are also evaluating support across the region, Watter CPA serves clients in nearby Chillum paired with Bowie.

Start-up scaling in the Discovery District

Founders & innovators along Route 1 tend to outgrow basic bookkeeping as they transition from R&D phases into payroll scaling. Proper calibration of these early-stage expenses makes sure that R&D tax credits are fully captured before filing dues. Our CPA firm in College Park, Maryland solidifies the documentation for tech ventures in order to verify that every investment dollar is mirrored in the enterprise reports.
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Reporting architecture from a College Park CPA firm

Meet Our Team

The professionals at Watter CPA are passionate experts known for their meticulous attention to detail and pursuit of excellence. Each member of our team brings extensive experience and specialized knowledge to every client engagement, delivering accurate, high-quality accounting solutions. Clients trust our specialists for their reliability, integrity, and steadfast commitment to delivering exceptional results in every aspect of our service.
Kenneth J. Watter
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Kenneth J. Watter
Founder

Kenneth J. Watter

Founder

We honor the legacy of Ken Watter, who passed away on December 4, 2023. Ken was a highly successful Certified Public Accountant and a dedicated community member in Montgomery County. His commitment to excellence and unwavering dedication to his clients have left an indelible mark on our firm.

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Christina Frangou
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Christina Frangou
Director of Operations and Business Development

Christina Frangou

Director of Operations and Business Development

Christina specializes in business development and marketing strategies within financial and accounting systems. Christina has worked in the financial field for over 20 years, in Europe, the UK and the US. She has worked for major corporations and ran her own successful U.S. financial services practice. She holds financial licenses from the London School of Banking and various U.S. States. Christina is originally from London and enjoys playing tennis, hiking and the Arts with her son. She speaks Greek as a second language.

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Amy Milliken
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Amy Milliken
Senior Tax Accountant

Amy Milliken

Senior Tax Accountant

Amim Milliken is an analytical and detail-oriented Senior Tax Accountant with extensive experience across individual, business, and corporate tax returns. She currently serves clients at Dimov Tax Associates and JDA TSG, where she prepares and reviews complex tax filings, provides client support, and ensures compliance with evolving tax laws. With a strong background in QuickBooks, payroll, reconciliation, and financial reporting, Amim brings precision and integrity to every engagement. Known for her resourcefulness, clear communication, and client-first approach, she excels in delivering accurate results while maintaining confidentiality and professionalism.

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Faq's

Frequently Asked Questions

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I have a multi-state sabbatical coming up. Can you help? 
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