Business Details
35 Years
experience
Trusted Accounting Services in Mitchellville, MD
Common Cents Financial Service has served individuals and small businesses for over 30 years, offering tailored accounting, tax, and financial management solutions. Founded in 1991 by Cecelia Smith-Budd, our team combines decades of expertise in bookkeeping, tax preparation, and financial consulting. We specialize in simplifying financial processes for clients ranging from sole proprietors to corporations, ensuring compliance with evolving tax regulations. Our services include payroll management, QuickBooks consulting, and business start-up support, all delivered with a commitment to transparency and client education.Licensed by the Maryland Board of Individual Tax Preparers, we prioritize accuracy and affordability, offering competitive pricing without compromising quality. By focusing on year-round tax law updates, we help clients maximize incentives while minimizing liabilities. Our mission is to empower business owners with organized financial systems, saving time and reducing stress through personalized, reliable service.
Services
Tax Preparation
Bookkeeping
Financial Statements
Payroll Services
Business Start-up Support
QuickBooks Consulting
Quarterly Reporting
W-2/1099 Processing
Details
- Year established: 1991
Highlights and features
- 30+ years of experience in accounting and tax preparation.
- Certified QuickBooks consultants for efficient financial management.
- Comprehensive services for all business structures, from LLCs to corporations.
- Remote notary services for convenient document processing.
- Competitive pricing with 100% accuracy guaranteed.
Associations and certifications
- H&R Block Certified
- Maryland Board of Individual Tax Preparers
Services
Tax Preparation
We prepare individual and business tax returns with precision, ensuring compliance with federal and state regulations. Our team stays updated on tax law changes to maximize deductions and credits. Ideal for small businesses and self-employed individuals seeking stress-free tax season solutions.
Bookkeeping
Full-service bookkeeping includes general ledger maintenance, bank reconciliations, and financial reporting. We organize daily transactions to provide clear insights into business performance. Perfect for companies needing accurate, up-to-date financial tracking without hiring in-house staff.
Payroll Services
We handle payroll processing, including W-2 and 1099 preparation, tax withholding calculations, and direct deposit setup. Our services reduce errors and ensure timely compliance with IRS requirements. Designed for employers focusing on core operations while outsourcing payroll complexities.
Business Start-up Support
From entity selection to accounting system setup, we assist new businesses with foundational financial planning. Services include tax registration, budget creation, and QuickBooks configuration. Helps entrepreneurs establish organized financial practices from day one.
QuickBooks Consulting
Certified consultants optimize QuickBooks for your business needs, including setup, training, and troubleshooting. We streamline financial workflows to improve efficiency. Beneficial for companies transitioning to digital accounting systems or resolving software challenges.
People
Cecelia Smith-Budd
Owner
Cecelia Smith-Budd has over 30 years of finance experience, including H&R Block certification in tax preparation and Wall Street licensing. She founded Common Cents Financial Service in 1991 to provide accessible, reliable accounting solutions for small businesses and individuals.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, tax preparation, payroll processing, financial statements, and business start-up support tailored to small businesses.
Are you certified to prepare taxes?
Yes, we are H&R Block certified and licensed by the Maryland Board of Individual Tax Preparers.
Do you offer remote services?
Yes, we provide remote notary services and support clients nationwide through digital tools.
How do you handle payroll tax filings?
We process W-2s, 1099s, and quarterly tax reports, ensuring compliance with IRS deadlines and regulations.
What areas do you serve?
We operate in Mitchellville, MD, and offer virtual services to clients across the United States.
