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Our team prepares the returns for W-2 income, contractor pay and investment activity as well as common deductions. We keep document requests specific in order to spend less guess time. Withholding and estimated payments get adjusted when a role changes mid-year. Such an approach keeps penalty payments and surprise balances less likely.
We reconcile the accounts and correct the categories in order to tie out statements. Our team delivers monthly financials on a steady schedule with proper notes. Owners acknowledge the cash movement, margins and tax-ready totals clearly. Explore our CPA Services for professional reporting support.
It’s correct that planning starts with the choice in front of you. It then tests cash and tax impact. The scenarios might cover entity structure, compensation and timing element. You leave with an action plan complying with your calendar. Our Advisory Services is dedicated to for planning engagements.
Foreign income & overseas accounts or non-US employers may generate extra disclosure processes. We simply establish full compliance with requirements and deadlines and collect the docs in a logical order. The output target is fewer last-second requests and better control mechanism. Silver Spring professionals with global links appreciate such a steady pace and defined checkpoints.
We are aware that specific organizations require limited-scope testing rather than a full audit. Therefore, our team defines the scope, gathers all the evidence and establishes expert documentation. This supports governance needs without creating unnecessary work.It is common for community groups serving Montgomery County residents.
Watter CPA reviews the IRS and state letters by taking deadlines into consideration. We assemble the supporting data and draft the replies with necessary detail. If an amendment is needed, the change is explained in plain terms. Such an approach keeps the process contained & easier to follow.
Our team tracks the income items and all expenses by address, with depreciation schedules kept current. Home purchases, sales and rentals generally cover “easy-to-miss costs”. Clean records support refinancing or a future sale or adding a second property. This is especially leverageable in a high-cost market where details add up.
Watter CPA prepares business returns with full attention to deductions and reimbursements as well as compensation. We revisit entity choices when profit levels shift or a new partner enters. Quarterly planning fully aligns cash needs & filing dates. It works well for local service firms and government contractors.
We recognize that distinct industries track costs differently from hospitality to professional services to nonprofits. We can tailor reports around utilization & project costs or program tracking. A certified public accountant in Silver Spring can turn raw data into leverageable reports. Such dedicated support presents steadier operations across the year.

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.

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.

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.

Fees in Silver Spring, Maryland vary in parallel to record quality & timelines and how many returns or entities are involved. Hourly work is generally preferred for cleanup and notice response. Yet, many tax filings fit a flat scope. The pricing changes from $265 to $400 per hour for CPA services.
In Silver Spring, bookkeeping pricing rises naturally with transaction volume and payroll frequency along with how receipts arrive. Specific local retailers and service firms choose a monthly package in order to keep books current. Local bookkeepers generally charge hourly from $125 to $260 per hour.
Record inventory purchases to an inventory or purchases account. After, move the cost to COGS once items are sold. Counts or adjustments keep the balance realistic.
Initially, reconcile all accounts. Review large expenses and confirm fixed assets, and then clean up vendor/customer lists. A final review of categorization prevents extra rework later.
Maryland obtains a state income tax plus county-level tax. So, credits might apply for taxes paid elsewhere. If you live in Maryland and work in DC or Virginia, work locations can also influence the filing approach.