Specializing in Business Accounting & Tax in Frederick
Welcome to Faragalla and Associates, home to our team of accounting and tax professionals. We take a comprehensive approach to help small businesses throughout Frederick be successful. Our firm specializes in assisting government contractors and serving those in telecommunication and construction with a wide variety of industry-specific solutions. Our support ranges from small business tax planning to outsourced bookkeeping and international back-office accounting. We also provide services in English and Arabic!
Since 1991, we have delivered valuable insight to help businesses proactively protect their resources. Not only can we improve financial understanding and management, but we also deliver guidance for increasing profitability and long-term growth.
At Faragalla and Associates, you will find an ideal blend of tried-and-true service combined with sophisticated business strategies for even the most advanced needs. Discover how our seasoned experts can help you achieve your goals. We can meet with you through a virtual conference, at our office, our yours. Contact our Frederick firm to schedule your complimentary consultation today!
Comprehensive Business Accounting & Tax Solutions in Frederick
To provide you with the most return on your investment, we suggest combining our proactive business consulting and tax planning. This combination allows us to develop your business model from the ground up and deliver full-service accounting and tax functions- something very few CPA firms provide.
We help small businesses get their feet off the ground by establishing sound financial practices to manage business operations, cash flow, and annual budgeting. If you oversee a large company, you can rely on us for everything from advanced tax planning for mergers and acquisitions to tax efficiency through entity structuring.
Our business services include, but are not limited to:
- Government Contracting Accounting
- Telecommunication Accounting
- International Taxes
- International Back Office Accounting
- Small Business Accounting & Bookkeeping
- Defense Contract Audit Agency (DCAA) Compliant Bookkeeping
- Cash flow management
- Surety Bond Financial Statements & Audits
- And much more!
Our 360-degree financial analysis provides successful business strategies combined with sophisticated tax planning. This allows our team to help you create and maintain sustainable business operations while also keeping more of your hard-earned money in your pocket!
Our Government Contractor Industry Expertise
At Faragalla and Associates, we offer full-service bookkeeping and accounting for government contractors. We bring decades of experience and knowledge regarding the ins and outs of what it's like to own, operate, and stay compliant as a government-contracted business.
Our team understands the various challenges you face. We work closely with you to ensure your venture is Defense Contract Audit Agency (DCAA) compliant so you can continue to acquire government contracts. Our team includes experienced QuickBooks ProAdvisors so that we can support complex, detailed bookkeeping systems.
Our expertise includes working with direct and indirect costs, overhead, and G&A costs. We can identify these costs and determine the best method of allocation. As a contractor, you can rely on us to demonstrate fairness, transparency, and accountability in every business transaction with the federal government.
Expert Accounting & Tax Support in Frederick & Beyond
If you own a small business in the Frederick, Middletown, Urbana, and Mt. Airy communities, Faragalla and Associates can provide you with experienced accounting, tax, and financial services. We are a full-service firm specializing in traditional CPA solutions and government contractors, telecom businesses, and construction companies.
To get to our Frederick firm:
Take Route 70 toward Baltimore, get off on exit 56, and take a left. Go straight for about 2 miles and take a left at the first stoplight. We are in the professional offices on the left at the first stop sign.
To get to our Middletown firm:
Take alternate 40 through Middletown, which will turn into Main Street. Once you start seeing historic buildings, you will see a stoplight. We are on the left after you go through the stoplight next to Main Cup Restaurant.
Initial consultations are free with any tax return preparation. To discover how we can serve you, contact us to schedule your review!