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Arnold
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Arnold
Showing 61 to 63 of 63 CPAs in Arnold, Maryland
DJ
Dana J. Mayle
Certified Public Accountant
Verified Licensed
Location Arnold, Maryland 21012
Based in Arnold, Maryland, Dana J. Mayle provides a range of accounting services to entrepreneurs and startups, as well as businesses with various structures. With over 15 years of experience, Mayle specializes in basic accounting services, financial planning, and tax compliance for S-Corps, partnerships, and LLCs. Her services include bookkeeping and financial statement compilation, in addition to IRS representation for clients with complex tax issues.
RM
Raymond M. Elwell
Certified Public Accountant
Verified Licensed
Location Arnold, Maryland 21012
Located in Arnold, Maryland, Raymond M. Elwell is a certified public accountant with over 15 years of experience serving the financial needs of individuals and families, as well as small and medium-sized businesses. His practice specializes in basic accounting services, financial planning, and small business accounting, with a focus on helping clients navigate complex tax regulations and optimize their financial strategies. Elwell also provides specialized IRS representation and retirement account tax reporting services, ensuring that his clients are in compliance with all relevant tax laws and regulations.
PM
Phyllis M. Clancy
Certified Public Accountant
Verified Licensed
Location Arnold, Maryland 21012
Based in Arnold, Maryland, Phyllis M. Clancy brings over 25 years of experience in accounting and advisory services. Her expertise encompasses general accounting, sales tax compliance, and financial planning for entrepreneurs and startups, as well as various business structures, including S-Corps, partnerships, and LLCs. Phyllis specializes in providing basic accounting services and individual tax services, helping clients navigate complex financial matters with confidence.

Maryland's sophisticated CPA market serves a wealthy state with strong government contracting, biotechnology, and financial services sectors. The Maryland Board of Public 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 in accounting subjects.

Key Tax Considerations: Maryland has graduated individual income tax up to 5.75% (plus local county taxes) and an 8.25% corporate rate. CPAs commonly handle complex multi-state taxation due to proximity to D.C., Virginia, and Pennsylvania, state and local tax compliance, and high-income tax planning. The concentration of federal employees creates specialized needs for federal retirement benefits, Thrift Savings Plan distributions, and security clearance-related business structures.

Industry Specializations: Federal government contracting (especially defense and cybersecurity), biotechnology and life sciences, financial services, healthcare systems, higher education, real estate, and professional services are key practice areas. CPAs often specialize in government contractor accounting systems (DCAA compliance), biotech startup funding and equity, and serving high-net-worth individuals in affluent suburbs.

For CPA Professionals: The Maryland Association of CPAs provides extensive resources across the state. Major markets include Baltimore (financial services, healthcare), suburban Washington D.C. areas (government contracting, high earners), and the I-270 biotech corridor. Competition is strong in metro areas but sophisticated client needs create opportunities for specialized expertise. High cost of living in D.C. suburbs is offset by strong compensation and proximity to major federal contracting opportunities.