Find an Accountant near Washington, DC

Find an Accountant near Washington, DC

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Find an Accountant near Washington, DC

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Q & A

Answers to commonly asked questions from the experts on Thumbtack.

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.

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.

Who licenses CPAs?

The Board of Accountancy for your state or district licenses certified public accountants (CPAs). When searching for a CPA to help you with your finances or taxes, make sure they are properly licensed in your state. Here are a few tools you can use to verify an accountant’s license:

You can also ask an accountant to provide proof of their license and credentials.

What do CPAs do?

According to the American Institute of CPAs, certified public accountant (CPAs) financially advise individuals, big companies and small businesses to help them reach their financial goals. For example, they can consult you on taxes and other accounting needs. 

What do forensic accountants do?

Forensic accountants investigate financial crimes involving fraud, embezzlement and other issues. They often work closely with law enforcement and lawyers, and they can help determine the legality of financial activities, according to the BLS.

Reviews for Washington accountants
Rita T.
Jomon is an excellent and hard-working accountant.
Agog FinancialsAgog Financials
Alvin J.
Yes very good thanks for helping me with my taxes and accounting
SCN Accounting and Tax ServicesSCN Accounting and Tax Services
Thumbtack Customer
The work was for full CFO type accounting for our nonprofit. The work is ongoing and everything thus far has been wonderful. I would highly recommend Money Equations!
Money Equations Inc.Money Equations Inc.
Michelle W.
Agog Financials was extremely helpful in organizing our business financials and preparing our tax returns. Karan Malhotra, President of Agog Financials, personally took on our project. He was extremely professional and always responsive to answer our questions. We are continuing to work with Karan and his team at Agog Financials for our business accounting needs. Hire them! You won't be disappointed.
Agog FinancialsAgog Financials
Nitesh A.
Agog Financials has been as asset to our start up organization. We have grown tremendously and Agog Financials has guided us well through our growth phase. They took care of all our accounting (AR. AP, payroll, budgeting) and tax needs so that we could concentrate on our core business. We are so glad to find Agog Financials on thumbtack.
Agog FinancialsAgog Financials
Valbona G.
Ramy is a true professional! He responded in a timely manner after I had messaged him on Thumbtack. From there we had a scheduled call that same day and set up a meeting time for the upcoming week. He was punctual, very knowledgeable and very personable. He explained everything very thoroughly and answered all of my questions. I look forward to working with Ramy for all of my accounting purposes.
GAM-ACCOUNTINGGAM-ACCOUNTING
Sonita L.
Ramy is outstanding. My husband and I are each business owners and spoke to multiple accountants and firms, searching for our right fit. We wanted someone who could do more than file for us, but also be so knowledgeable that they could consult us as we actively grow our businesses and family. Should our businesses stay as LLCs or become S Corps? How should we reflect which expenses and why? How would this year’s filing impact our desire to buy another house for our growing family in the next year? Ramy’s passion for his work translates into responsiveness, reliability and knowledgeable. I walked away from our initial conversation feeling like he reads tax code for fun. And honestly, that’s what I was looking for – someone I felt confident in and who would get a kick out of helping us find the best way to navigate our journey. And he has this way of making you feel like you’re his only client. He is top notch. It’s so good knowing this part of our lives is well taken care of.
GAM-ACCOUNTINGGAM-ACCOUNTING
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