Business Details
24 Years
experience
Your Trusted Partner for Outsourced Accounting Solutions
Palmer Financial was founded in 2002 by Douglas R. Palmer, a CPA with over two decades of finance and accounting experience. Our team provides outsourced accounting and financial services to growing organizations in the Washington, DC area, specializing in nonprofit, technology, advertising, professional services, and financial sectors. We serve as a complete finance department solution, offering tailored services including accounting processing, corporate tax management, financial reporting, and strategic planning. Our professionals have held senior roles at Big Four firms and private sector CFO positions, bringing deep expertise to small and mid-sized companies. We maintain a competitive advantage by serving a limited client base to ensure personalized attention and high-quality service.Our team includes certified CPAs, tax specialists, and finance directors with extensive experience in both domestic and international operations. We assist clients with budgeting, financial modeling, audit preparation, and M&A transactions while emphasizing transparency and client value. Our founders have mentored entrepreneurship programs and hold leadership roles in community organizations. We prioritize long-term client relationships and offer transition planning for companies evolving to full-time in-house accounting needs. Our services combine technical expertise with strategic advisory to help businesses grow sustainably.
Services
Outsourced Accounting
Corporate Tax Services
Financial Management
Strategic Planning
Audit Preparation
Details
- Year established: 2002
Highlights and features
- We offer over two decades of experience in outsourced accounting services.
- Our team includes CPAs with Big Four firm and private sector expertise.
- We maintain a high level of personal service by limiting client numbers.
- We provide transition planning for companies adopting full-time accounting staff.
- We have a vast network of CPAs for client full-time hiring needs.
Services
Outsourced Accounting
We provide comprehensive outsourced accounting services including accounts payable/receivable, payroll processing, and general ledger maintenance. Our team handles day-to-day financial operations while ensuring compliance with accounting standards. Clients receive accurate financial statements and reporting tailored to their business needs.
Corporate Tax Services
Our tax services include preparation of corporate tax returns, strategic tax planning, and compliance support for businesses. We help clients navigate complex tax regulations while identifying opportunities for tax efficiency and cost savings.
Financial Management
We offer financial leadership through budgeting, forecasting, and cash flow analysis. Our team provides strategic financial guidance and monthly reporting to support informed business decisions for growing organizations.
Strategic Planning
We assist with long-term planning including merger and acquisition strategies, business valuations, and growth initiatives. Our services help companies prepare for future transactions and operational transitions.
Audit Preparation
We coordinate financial audits and prepare required documentation. Our team works with external auditors to ensure smooth audit processes and compliance with regulatory requirements for nonprofit and corporate clients.
People
Douglas R. Palmer
Owner/Partner
Founder with over two decades of CPA and CFO experience, serving nonprofit and corporate clients. Former PricewaterhouseCoopers professional and University of Maryland graduate. Active in entrepreneurship mentoring programs.
Adam J. Friedman
Tax Partner
Licensed CPA with nearly two decades of corporate and nonprofit tax expertise. Specializes in complex tax issues and compliance matters. University of Maryland graduate with accounting specialization.
Brad Yochum
Senior Director
MBA in Accounting with over two decades of finance experience. Former accounting professor and private sector CFO. Specializes in nonprofit accounting and virtual CFO services.
Holly Scott Atallah
Director
Finance professional with nearly two decades of experience in investment banking and corporate development. Wharton School graduate specializing in outsourced CFO services for growth companies.
Questions
What industries do you specialize in?
We specialize in serving nonprofit organizations, technology companies, advertising firms, professional services, and financial institutions.
How are your services different from traditional accounting firms?
We act as a complete outsourced finance department rather than just providing periodic accounting services.
Do you work with both nonprofit and for-profit organizations?
Yes, we serve both nonprofit and corporate clients across multiple industries.
What happens when my company needs full-time accounting staff?
We help identify required skill sets and connect clients with qualified CPAs through our professional network.
Do you handle financial audits?
We prepare documentation and coordinate with external auditors for nonprofit and corporate financial audits.
