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Limestone
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Limestone
Showing 1 to 3 of 3 CPAs in Limestone, Maine
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Melinda L. Richardson
Certified Public Accountant
Verified Licensed
Location Limestone, Maine 04751
Based in Limestone, Maine, Melinda L. Richardson is a certified public accountant (CPA) serving the local community. With over 15 years of experience in accounting and taxation, she specializes in providing expert services to family-owned enterprises and individuals, including basic accounting services and tax compliance. Her expertise encompasses individual and business tax return preparation, as well as IRS representation, assisting clients in navigating complex tax matters.
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Thomas L. Mccormack
Certified Public Accountant
Verified Licensed
Location Limestone, Maine 04750
Based in Limestone, Maine, Thomas L. Mccormack is a certified public accountant offering expertise in a variety of accounting services. With over 20 years of experience in the field, he provides comprehensive support to entrepreneurs, startups, and individuals with diverse business structures, including S-Corps, partnerships, and limited liability companies. His service portfolio encompasses basic accounting services, business tax services, and individual tax services, including unique offerings such as IRS representation, to address complex tax issues.
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Clifford L. Rhome
Certified Public Accountant
Verified Licensed
Location Limestone, Maine 04750
Based in Limestone, Maine, Clifford L. Rhome provides accounting services to a diverse range of clients, including family-owned enterprises and various business structures. With over 20 years of experience in the field, he specializes in general accounting and advisory services, as well as business and individual tax services. His expertise encompasses payroll processing and compliance, ensuring that clients meet their financial obligations.

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.