Business Details
38 Years
experience
Trusted Accounting & Tax Services in Rockville, MD
Founded in 1988 by Kenneth J. Watter, our firm has built a reputation for excellence in accounting and advisory services. We serve clients across various industries in Rockville, Maryland, and nationwide, offering senior-level tax, bookkeeping, and consulting tailored to unique client needs. Our legacy of integrity and client-focused service continues under the leadership of George Dimov, CPA, who upholds the high standards established by our founder.We approach every engagement as an accountable, transparent partnership, prioritizing client growth and success through deep operational understanding and informed recommendations. With peer-reviewed expertise and staff averaging 14+ years of experience, we deliver reliable, detailed audits and compliance solutions to clients in all 50 states.
Services
Tax Preparation
Bookkeeping
Payroll Services
Audit Services
Tax Advisory
Non-Profit Tax Services
Financial Reporting
Accounting Advisory
State Tax Compliance
Non-Profit Bookkeeping
Details
- Year established: 1988
Highlights and features
- We offer over 14 years of average audit & taxation experience per staff member.
- Our team consists of certified experts with extensive industry knowledge.
- We are peer-reviewed with clients in all 50 states for reliable audits.
- We provide tailored solutions for non-profits, IT consultants, and real estate professionals.
- We ensure compliance with federal, state, and international accounting standards.
Associations and certifications
- Peer Review
What people say
Highly knowledgeable
Dedicated staff
Prompt service
Peace of mind
Real winners
Services
Tax Preparation
We offer comprehensive individual and business tax preparation services, ensuring compliance with federal, state, and local regulations. Our expertise includes equity compensation planning, capital gains strategies, and inheritance tax optimization. With e-filing capabilities and certified mail options, we handle complex returns for clients nationwide, including out-of-state and expatriate filers.
Audit Services
Our audit services provide meticulous examination of financial statements, ensuring adherence to regulatory standards. We specialize in PCAOB/SEC audits, non-profit audits, and Rule 144A compliance. With nationwide reach and international expertise, we deliver accurate, transparent audits tailored to industries including technology, biotech, and real estate.
Bookkeeping
We manage precise bookkeeping for businesses and non-profits, including transaction recording, bank reconciliations, and financial reporting. Our services support payroll integration, sales tax compliance, and expense tracking, using advanced software to ensure accuracy and streamline accounting processes for clients across diverse sectors.
Payroll Services
Our payroll solutions handle wage calculations, tax withholdings, and employee payments via direct deposit or checks. We ensure compliance with federal and state regulations, provide W-2/1099 filing, and offer employee self-service portals for pay stub access, reducing administrative burdens for small to mid-sized businesses.
Non-Profit Services
We specialize in non-profit tax filings (Form 990), grant management, and compliance consulting. Our team assists with maintaining tax-exempt status, donor reporting, and financial audits, ensuring adherence to IRS regulations while supporting organizational missions through strategic financial guidance.
People
George Dimov
CPA
George Dimov leads Watter CPA with expertise in accounting and advisory services. He maintains the firm's legacy of excellence through innovative strategies and client-focused solutions.
Christina Frangou
Director of Operations
Christina Frangou specializes in business development and financial systems, bringing 20+ years of experience across Europe, the UK, and the U.S. to strategic growth initiatives.
Amy Milliken
Senior Tax Accountant
Amy Milliken provides expert tax preparation and compliance services, specializing in individual and corporate returns with a focus on accuracy and client support.
Ramy Raoof
Tax Accountant
Ramy Raoof prepares complex tax returns and advises on financial reporting, leveraging CPA expertise and experience in public accounting and industry sectors.
Xuan Qu
Enrolled Agent
Xuan Qu offers tax compliance and financial analysis services, specializing in real estate and bioscience industries with advanced certifications in tax strategies.
Questions
What types of tax planning services do you offer?
We offer individual/business tax planning, estate planning, and retirement strategies to minimize liabilities while ensuring compliance with tax laws.
Can you help with IRS issues or tax problems?
Yes, we provide audit representation, payment plan negotiations, and resolution services for tax liens, levies, and offers in compromise.
Do you offer virtual consultations?
Yes, we provide remote consultations for client convenience, ensuring accessible expert accounting and tax advice.
How do you ensure confidentiality of financial information?
We use secure data storage, encrypted communications, and strict access controls to protect client privacy and sensitive data.
Do you prepare out-of-state tax returns?
Yes, we routinely prepare tax returns for all U.S. states, territories, and local jurisdictions as needed.
Can you assist with cryptocurrency tax reporting?
Yes, our professionals evaluate crypto holdings to determine efficient reporting methods for compliance with evolving regulations.
