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Lincoln
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Lincoln
Showing 1 to 2 of 2 CPAs in Lincoln, Delaware
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Michele L. Jarrell
Certified Public Accountant
Verified Licensed
Location Lincoln, Delaware Licensed in Delaware
Michele L. Jarrell, a certified public accountant, is located in Lincoln, Delaware. With over a decade of experience serving various clients, Michele...
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Tammy B. Smith
Certified Public Accountant
Verified Licensed
Location Lincoln, Delaware Licensed in Delaware
Tammy B. Smith is a certified public accountant based in Lincoln, Delaware, with over 15 years of experience serving clients across various industries...

Delaware's unique CPA market serves a small state with outsized importance as a corporate incorporation hub. The Delaware State Board of Accountancy requires 150 semester hours for licensure. CPAs must complete 120 hours of continuing professional education every three years, including 6 hours of ethics.

Key Tax Considerations: Delaware has no sales tax and graduated individual income tax up to 6.60%. While many corporations are incorporated in Delaware, most don't maintain substantial operations there, focusing CPA work on franchise taxes and corporate compliance. CPAs commonly handle Delaware LLC formations, franchise tax calculations, and multi-state tax planning for businesses incorporated in Delaware but operating elsewhere.

Industry Specializations: Corporate services and business formation, financial services (credit card companies and banks concentrated in Wilmington), chemical and pharmaceutical industries, and trust administration are key practice areas. Many CPAs specialize in corporate governance, Delaware corporate law compliance, and serving out-of-state businesses with Delaware entities.

For CPA Professionals: The Delaware Society of CPAs serves a small professional community. Wilmington dominates the market, with smaller concentrations in Dover and beach communities. The state offers proximity to major Northeast markets (Philadelphia, Baltimore, D.C.) while maintaining lower cost of living than neighboring areas. Corporate services create specialized niche opportunities not available in most states.