Business Details
Trusted Accounting and Tax Services in Rockville, MD
Woodard & Associates has been delivering personalized financial guidance to individuals and businesses for decades. Our expertise spans tax management, accounting services, financial statement preparation, and strategic financial planning, positioning us as a leading boutique accounting firm in the Washington D.C. metro area and across the United States. By leveraging the combined experience of our seasoned professionals, we ensure every client receives meticulous analysis and tailored solutions. Our commitment to high standards, ethical practices, and proactive client communication has fostered long-term relationships and earned us respect within the financial community. We specialize in helping clients navigate complex tax regulations, optimize cash flow, and achieve both immediate and long-term financial goals.Our services extend to IRS representation, business entity structuring, payroll solutions, and international taxation, supported by strategic partnerships with specialists in complementary fields. We prioritize open communication to understand client needs, offering research-driven insights and actionable strategies. With a focus on excellence and professionalism, we serve as a trusted advisor to small and mid-sized businesses, federal contractors, and real estate firms. Our founders background in Fortune 50 companies informs our approach to delivering corporate best practices to smaller organizations. We remain dedicated to empowering clients through educational workshops, seminars, and comprehensive financial planning tools.
Services
Tax Management Services
Accounting Services
IRS Representation
Estate and Trust Planning
Payroll Services
QuickBooks Assistance
Financial Projections
International Taxation
Business Entity Selection
Cash Flow Analysis
Highlights and features
- We offer 20+ years of experience in tax and accounting for small to mid-sized businesses.
- Our team includes Certified Public Accountants with expertise in federal contracting compliance.
- We provide strategic partnerships for specialized services like IRS representation and audits.
- Our founder brings Fortune 50 corporate best practices to smaller organizations.
- We prioritize personalized service with a focus on client education and long-term planning.
Associations and certifications
- Certified Public Accountant (CPA)
Services
Tax Management Services
We guide clients through tax planning and preparation to minimize liabilities and maximize cash flow. Our team stays updated on evolving tax laws to optimize opportunities for individuals and businesses. Services include corporate tax returns, strategy development, and compliance support for federal and state filings.
Accounting Services
From startups to established enterprises, we provide accurate bookkeeping, financial statement preparation, and system setup. Our services ensure reliable record-keeping, cost management, and tax planning support. We help businesses maintain profitability through detailed financial analysis and reporting.
IRS Representation
Our professionals represent clients during IRS audits and investigations. We handle communication with tax authorities, address compliance issues, and resolve disputes to reduce client stress. This service includes audit defense and negotiation of tax liabilities.
Business Entity Selection
We advise on choosing optimal business structures like LLCs, corporations, or partnerships. Our guidance considers tax implications, liability protection, and growth goals. We also assist with restructuring existing entities for improved efficiency and compliance.
Financial Projections
We create financial models and forecasts to help businesses plan for growth and manage risks. Our projections incorporate market trends, operational data, and strategic goals to support informed decision-making for long-term success.
People
Sheila A. Woodard
Founder & CPA
With over 20 years in tax and financial management at Fortune 50 companies, Sheila founded Woodard & Associates to help small businesses. She specializes in federal contracting compliance and holds an MBA and CPA license.
Joan Davion
Full Charge Accountant
Joan brings 20 years of accounting experience supporting businesses in Washington, D.C., Maryland, and Virginia. She focuses on bookkeeping and financial management for small organizations and holds a B.S. in Accounting.
Min-Hsiang Wei
Staff Accountant
Min-Hsiang prepares financial statements and tax returns for individuals and businesses. She emphasizes accuracy and completeness in reporting, ensuring clients financial records reflect their true economic position.
Burton J. Haynes
Tax Attorney
A former IRS Special Agent, Burton specializes in tax disputes, including civil and criminal cases. He holds a JD, MBA, and CPA license, with 40+ years of legal and tax advisory experience.
Eric A. Eisen
Business Law Attorney
Eric advises on business entity formation and contract law. He chairs the Montgomery County Bar Associations Business Section and has practiced law for over 45 years, focusing on corporate structuring.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, financial statements, payroll processing, and tax planning tailored to small businesses’ needs.
Can you help with IRS audit representation?
Yes, our team offers professional IRS audit defense and dispute resolution services for individuals and businesses.
Do you specialize in any industries?
We focus on federal government contractors, real estate firms, and small to mid-sized businesses across various sectors.
What tax planning strategies do you use?
We minimize liabilities through deductions, entity structuring, and compliance strategies aligned with current tax laws.
How do you handle international tax issues?
We assist U.S. companies abroad and foreign entities in the U.S. with cross-border tax compliance and reporting.
Can you help with QuickBooks setup?
Yes, we offer QuickBooks installation, configuration, and training to improve accounting efficiency for businesses.
Videos
Reviews (7)
Daemon J.
Apr 21, 2021
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I have worked with many accountant over the years. Sheila Woodward was recommended by a friend. She has been so helpful with all of the tax changes in 2020. She also is helping me create a plan not just for taxes but how change my practice to help me make more money and reduce expenses. She is talking to me about a 5 year plan for my practice. This is helpful beyond just getting my taxes completed on time. I would reccomend Woodard and Associates to any business owner!
Jonathan Brown
Nov 11, 2020
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The best online tax preparation Ive ever had I feel very secure in having Woodward and associates do my taxes every year. Their professionalism and detail oriented staff put me at ease. I highly recommend Woodward and associates.
Ronnie Knight
Oct 04, 2020
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Positive:Professionalism,Quality,Responsiveness,Value
After working with them for many years, I would highly recommend them. I'm very happy with their service.
After working with them for many years, I would highly recommend them. I'm very happy with their service.
Monica Baltimore
Jul 19, 2020
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Woodard &Associates, Inc CPA did a great job in preparing my taxes. They are very professional, courteous, knowledgeable, accurate, and timely. I highly recommend them to handling your needs.
The Joseys
Jul 06, 2020
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We have been customers for over 20 years (we've lost count). Woodard & Associates is thorough and professional. They always answer all of our questions no matter how small. We highly recommend them.
Art Small
Jun 28, 2020
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Positive:Professionalism,Quality,Responsiveness,Value
They do a great job of explaining all of the deductions you have and the best part is that it's all handled virtually.
They do a great job of explaining all of the deductions you have and the best part is that it's all handled virtually.
Phillip
May 09, 2020
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Positive:Professionalism,Quality,Responsiveness,Value
Woodard and Associates has completed our taxes for the past 8 years. Every year our taxes are complex in new and interesting ways (international work, filing with multiple states, investments), but Sheila and her team have always been a tremendous help in producing accurate and timely returns.
Woodard and Associates has completed our taxes for the past 8 years. Every year our taxes are complex in new and interesting ways (international work, filing with multiple states, investments), but Sheila and her team have always been a tremendous help in producing accurate and timely returns.
