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Damariscotta
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Damariscotta
Showing 1 to 5 of 5 CPAs in Damariscotta, Maine
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Frederick W. Brewer
Certified Public Accountant
Verified Licensed
Location Damariscotta, Maine 04543
Based in Damariscotta, Maine, Frederick W. Brewer is a certified public accountant with over 20 years of experience delivering tailored accounting solutions. His practice focuses on providing individual and business tax return preparation, as well as tax planning and consulting services to clients across various business structures, including S-Corps, partnerships, and LLCs. Prioritizing financial clarity, Brewer specializes in basic accounting services, small business accounting, and comprehensive financial planning, serving a range of small and medium-sized business clients.
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Girard W. Wallace
Certified Public Accountant
Verified Licensed
Location Damariscotta, Maine 04543
Girard W. Wallace is a certified public accountant with over 15 years of experience serving clients in Damariscotta, Maine. His expertise lies in providing tax planning and consulting services to individuals and families, as well as representing clients before the IRS. Wallace specializes in offering basic accounting services, ensuring tax compliance, and providing accounting support to small businesses, particularly family-owned enterprises. His extensive experience has equipped him with a deep understanding of the complexities surrounding tax law and regulations, allowing him to provide informed guidance to his clients.
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Louis F. Abbotoni
Certified Public Accountant
Verified Licensed
Location Damariscotta, Maine 04543
Located in Damariscotta, Maine, Louis F. Abbotoni has been a certified public accountant for over 25 years. He provides basic accounting services, individual tax services, and small business accounting to entrepreneurs, startups, and family-owned enterprises. Abbotoni's expertise includes payroll processing and compliance, as well as retirement account tax reporting, helping clients with tax-related issues and financial management.
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Marilyn Mcconnell
Certified Public Accountant
Verified Licensed
Location Damariscotta, Maine 04543
Marilyn McConnell is a certified public accountant based in Damariscotta, Maine. With over 15 years of experience, she specializes in providing general accounting and advisory services to a diverse range of clients, including various business structures such as S-Corps, partnerships, and LLCs. McConnell's expertise also extends to individual tax services, financial planning, and IRS representation, making her a valuable resource for individuals and families navigating complex tax situations. Her extensive knowledge and experience enable her to offer personalized guidance and support tailored to each client's unique needs.
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Bruce A. Bachelder
Certified Public Accountant
Verified Licensed
Location Damariscotta, Maine 04543
Damariscotta, Maine-based accountant Bruce A. Bachelder has over 20 years of experience providing financial guidance to individuals and small businesses. With a focus on basic accounting services, financial planning, and tax return preparation, Bachelder offers his expertise to a range of clients, including sole proprietorships, S-corps, partnerships, and LLCs. His services encompass general accounting and advisory, as well as individual and business tax return preparation, helping clients navigate complex financial situations and make informed decisions.

Maine's CPA community serves a rural, tourism-oriented state with small businesses and seasonal considerations. The Maine 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 and minimum technical requirements.

Key Tax Considerations: Maine has graduated individual income tax up to 7.15% and corporate income tax up to 8.93%. CPAs commonly handle state income tax compliance, sales tax, and property tax issues. The state's significant seasonal tourism creates cash flow management and quarterly tax planning needs. Many residents and businesses deal with cross-border issues with New Hampshire (no income tax) and Canadian trade relationships.

Industry Specializations: Tourism and hospitality (seasonal businesses), commercial fishing and lobstering, forest products and timber, boat building, agriculture (especially blueberries and potatoes), healthcare, and higher education are primary focus areas. CPAs often develop expertise in seasonal business cash flow management, fishing industry accounting, and serving vacation rental property owners.

For CPA Professionals: The Maine Society of CPAs serves a small professional community across a geographically large state. Portland dominates the market, with smaller concentrations in Bangor, Augusta, and coastal communities. Rural areas face CPA shortages, creating opportunities for practitioners willing to serve dispersed clients. The state offers outstanding quality of life, outdoor recreation, and strong community connections, though seasonal economy and aging population present challenges.