An Accountant in Cleveland Park, DC

Find an Accountant near Cleveland Park, DC

100+ near you

Find an Accountant near Cleveland Park, DC

100+ near you

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Top 10 Accountants near Cleveland Park, DC

2. Marguerite Thompson, Ltd.
from 19 reviews
4.8 (19)
Great Value
Great Value
  • 39 years in business
  • 28 hires on Thumbtack
  • Serves Cleveland Park, DC

Online now

"Marguerite or Maggie, is hands down the best accountant I've worked with. She's been working with numbers (taxes and accounting) longer than anyone I know, and she's still going strong. What makes Maggie so valuable is that she will run through tax and accounting number scenarios several times to find the most advantageous result that she may provide to you, for your individual needs, while maintaining standards of the profession. Inotherwords, she doesn't just fill out your tax forms and then stop there: Instead, she will review your numbers and utilize legal means to present you with the least amount of tax burden owed that is allowed. My experiences with Maggie are mainly focused in the area of tax returns as this is the main service she delivers to me. Additionally, Maggie invests time preparing for her clients: During each holiday season, when most of us are celebrating, Maggie will usually read the whole updated tax code (over 1000 pages), often as many as three times to familiarize herself with the latest tax law changes, and also to establish strategies to best support her clients with the coming tax year. From what I've seen, Maggie also appears to be very thorough. If she sees missing information in your documents or numbers that could possibly be of benefit to you, she will often contact you for additional information, particularly if she sees a tax benefit that is being underutilized. I've heard that Maggie is also an excellent forensic accountant, and that she is often hired to fix and repair errors made by lesser experienced accountants. Maggie has an expanded range of skills she can utilize to provide the best service for your needs. I'm not an accountant, so I am unfamiliar with many of the technical aspects of Maggie's expertise, but I've been bringing tax work to Maggie for nearly a decade now, and Maggie consistently delivers for me year after year. As you know, there are no guarantees in life, and life rarely remains unchanged, but I hope to continue delivering my taxes to Maggie for a very long time into the future, as I trust her with my taxes completely. J.A."


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Q & A

Answers to commonly asked questions from the experts on Thumbtack.

How much does it cost to hire an accountant?

Accountants’ rates vary based on their education, licenses, experience, and the work for which they are being hired. An accountant may charge an hourly rate when a company or individual needs their services on a short-term basis, such as when performing an audit or requesting assistance setting up a financial database or process. Hourly rates can range as widely as $40 per hour to $300 or more per hour, depending on your geographic location and the accountant. Check out the average hourly rate for accounting services in your region.

Accountants may offer a package rate for weekly, monthly or annual services to reward ongoing customers. Many accountants offer online services where small businesses can access online accounting software and payroll assistance, and the accountant — for a monthly or other recurring fee — provides financial analysis and reporting of their numbers. For basic monthly accounting services, an accountant might charge anywhere from $75 to $500 or more, depending on what was included in a given package, the size of the client’s business, and the complexity of work requested. Nationally, full-time staff accountants earn between $40,000 and $80,000, depending on experience and other factors.

What is an accountant?

Accountants are financial professionals who have received an accounting degree from a four-year university or college. By trade, accountants prepare, maintain and examine the financial statements of an individual, business or institution. An accountant prepares reports for tax purposes and can also perform audits of public companies. Common tasks include creating budgets, analyzing profits and losses of a company, processing payroll, preparing financial statements for company leadership, and creating and maintaining financial database systems for a company.    

Accountants do not automatically have a Certified Public Accountant (CPA) designation unless they have passed the Uniform CPA Examination and received the proper license. Regardless of whether they are CPA certified or not, accountants can assist businesses and individuals with bookkeeping and financial reporting, while CPAs are more knowledgeable in tax codes as a result of the CPA licensing examination and continuing education requirements. CPAs are also eligible to represent clients before the IRS if audit support is required, while a non-CPA accountant is not. Academic background, years in the field and professional reputation all can affect an accountant’s rates.

Check out the average hourly rate for accounting services in your area.

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