Business Details
40 Years
experience
Trusted Accounting & Tax Services in Westminster, MD
Thackston & Associates CPA has served the Westminster, Finksburg, Taneytown, Frederick, and surrounding Maryland areas for over 30 years. Our team of certified public accountants provides a full range of accounting, tax, and financial services tailored to individuals and businesses. We specialize in tax return filing, bookkeeping, payroll services, and QuickBooks support while maintaining continuous education on evolving tax laws. Founded in 1986 by Michael and Rosemarie Thackston, our firm has grown to five dedicated professionals committed to client success. We combine local expertise with virtual capabilities to serve clients across Carroll, Howard, and Frederick Counties.Our services include federal/state tax preparation, financial statement analysis, sales tax filings, and customized consulting to improve business operations. We emphasize transparency, reliability, and personalized service to help clients navigate complex financial challenges. As QuickBooks ProAdvisors, we optimize accounting systems for efficiency while offering direct deposit and retirement contribution management for payroll clients. Our decades of combined experience ensure clients receive accurate, up-to-date guidance for both immediate needs and long-term financial health.
Services
Tax Preparation
Bookkeeping
Payroll Services
QuickBooks Support
Tax Planning
Financial Statements
Sales Tax Filings
Consulting
Virtual Bookkeeping
Sales Tax Audit Representation
Details
- Year established: 1986
Highlights and features
- We offer 30+ years of combined experience in Maryland accounting services
- Our team includes Certified Public Accountants and QuickBooks ProAdvisors
- We provide personalized financial guidance tailored to local business needs
- We offer virtual bookkeeping solutions for clients outside our service region
- We guarantee compliance with federal/state tax regulations through continuous education
Services
Tax Preparation Services
Our firm prepares federal, state, and local tax returns for all business structures including corporations, partnerships, and sole proprietorships. We ensure compliance with current tax codes while maximizing deductions and credits. Our CPAs provide extension filing assistance and audit representation for business and individual clients.
Bookkeeping Services
We offer full-charge bookkeeping including ledger maintenance, bank reconciliations, and financial statement preparation. Our certified bookkeepers use industry-standard software to track accounts receivable/payable and generate cash flow analyses that help businesses make informed financial decisions.
Payroll Services
Our comprehensive payroll services include direct deposit processing, tax reporting, and retirement contribution management. We handle federal/state employment returns electronically and maintain compliance with evolving payroll regulations for businesses of all sizes.
QuickBooks Support
As certified QuickBooks ProAdvisors, we provide software setup, ongoing management, and training for small businesses. Our team customizes accounting systems to match business needs and ensures seamless integration with tax preparation processes.
Tax Planning
We monitor tax law changes to develop strategies that minimize current and future liabilities. Our firm implements compliance systems to prevent late filing penalties and offers personalized consultations for both business and individual tax planning needs.
People
Timothy G. Thackston
CPA
Certified Public Accountant with expertise in tax services since joining the firm in 2022. Holds Bachelor's degree in Accounting from Towson University and maintains advanced knowledge of current tax regulations.
Michael E. Thackston
CPA, MPA
Certified Public Accountant with over 40 years of experience, joining Ernst & Young in 1981 before co-founding the firm. Holds Master of Public Accountancy degree and specializes in business tax strategy.
Rosemarie H. Thackston
CPA
Certified Public Accountant with 40+ years of experience, previously with McGrow Pridgeon PA. Focuses on individual tax preparation and financial statement analysis while maintaining rigorous accounting standards.
Questions
What types of tax returns do you prepare?
We prepare federal, state, and local tax returns for corporations, S-corps, partnerships, sole proprietors, and individuals including Form 1040 with all necessary schedules.
Do you offer virtual accounting services?
Yes, we provide remote bookkeeping and accounting services using secure software solutions for clients outside Carroll, Howard, and Frederick Counties.
Are you available for tax extension filings?
Our CPAs can help file Form 4868 for individual extensions or business tax extensions with advance notice to ensure timely submission.
What payroll services do you offer?
We handle complete payroll processing including direct deposit, tax reporting, retirement contributions, and certified payroll for government contracts.
How do you stay updated on tax law changes?
Our team participates in annual continuing professional education courses through national accounting associations to maintain expertise on current tax regulations.
Can you help with QuickBooks setup?
As certified QuickBooks ProAdvisors, we provide complete software setup, customization, and training to optimize accounting processes for small businesses.