Filter Results
Solomons
Filter Results
Solomons
Showing 1 to 2 of 2 CPAs in Solomons, Maryland
CR
Cathleen R. Schrader
Certified Public Accountant
Verified Licensed
Location Solomons, Maryland 20688
Cathleen R. Schrader, a certified public accountant, has provided services to small and medium-sized businesses in Solomons, Maryland, for over 20 years. Her expertise in financial planning, tax compliance, and basic accounting services supports the growth and stability of various business structures, including S-Corps, partnerships, and LLCs. As an experienced accountant, she offers IRS representation and general accounting and advisory services to ensure clients' financial well-being and stay in compliance with tax laws.
GA
Glen A. Papure
Certified Public Accountant
Verified Licensed
Location Solomons, Maryland 20688
Glen A. Papure, a certified public accountant, is based in Solomons, Maryland, with over 15 years of experience in providing tax and accounting services to family-owned enterprises and various business structures, including S-Corps, partnerships, and LLCs. He specializes in basic accounting services, business tax services, and tax compliance, offering expertise in navigating complex tax regulations and ensuring compliance with IRS requirements. Papure also provides representation in IRS matters, helping individuals and businesses resolve disputes and avoid costly penalties, and prepares individual and business tax returns for clients across various industries.

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.