Business Details
Trusted Certified Public Accountants in Rockville, MD
Arkin Douglas, P.C. has been delivering personalized financial guidance to individuals and businesses in the Washington, DC metropolitan area for over two decades. Our expertise spans tax management, accounting services, audits, financial statements, and strategic planning, tailored to meet the unique needs of clients across diverse industries. With a mission to establish long-term partnerships through responsive and quality service, we prioritize understanding our clients' goals to provide actionable insights. Our team brings decades of combined experience, including specialized knowledge in nonprofit organizations, government contracting, and construction sectors.We maintain a client-centric approach, offering flexible billing arrangements and open communication channels to foster trust and transparency. Our commitment to excellence is reflected in unqualified opinions during independent peer reviews and active involvement in professional associations. We emphasize year-round communication on current financial issues and adhere to rigorous standards in attestation and tax services, ensuring reliability and expertise in every engagement.
Services
Tax Preparation
Financial Planning
Nonprofit Audits
Small Business Accounting
Construction Industry Services
Estate Tax Planning
Accounting System Design
Budget Analysis
Highlights and features
- We offer over 20 years of experience serving Washington, DC metropolitan area clients.
- Our team specializes in six key industries, including nonprofits and construction.
- We provide unqualified peer-reviewed attestation services with flexible billing.
- Our CPAs hold leadership roles in professional associations and community boards.
- We prioritize year-round communication and client-specific financial strategies.
Services
Tax Preparation
We prepare federal, state, and local tax filings for individuals and businesses, including corporate, partnership, and estate tax returns. Our team stays updated on evolving regulations to ensure compliance while optimizing tax-saving opportunities. Clients receive personalized guidance to navigate complex tax scenarios with confidence.
Nonprofit Audits
Specialized audit services for nonprofit organizations under GAAS and OMB Circular A-133. We assist with indirect cost rate proposals, SFAS 116/117 compliance, and governance policy implementation. Our expertise ensures nonprofits maintain financial transparency and regulatory adherence.
Financial Planning
We create tailored financial strategies for individuals and businesses, including net worth statements and cash flow projections. Our planning services integrate tax implications and long-term goals to help clients achieve financial stability and growth.
Construction Industry Services
We provide industry-specific solutions for construction firms, including proper tax accounting methods, bonding support, and cash flow management. Our team works with Washington ABC and other associations to address unique challenges in the construction sector.
Accounting System Design
We assist businesses in implementing and maintaining accounting systems tailored to their operational needs. Services include control design for cash receipts, cost analysis, and billing system integration for professional service firms.
People
Douglas P. Arkin
Managing Shareholder
CPA with 25+ years of experience specializing in nonprofit organizations. University of Maryland graduate and former chairman of the Catholic Youth Organization board. Recognized as a top Maryland CPA by SmartCEO Magazine in 2009 and 2011.
Terrance P. Leary
Shareholder
CPA and MST holder with 20+ years of tax consulting experience. American University graduate specializing in nonprofit attestation and tax research. Active member of the Gaithersburg Germantown Chamber of Commerce and recognized Washington area Power Player by SmartCEO Magazine in 2013.
Questions
What accounting services do you offer for small businesses?
We provide GAAP-compliant financial statements, tax filings, banking assistance, cost analysis, and accounting system implementation tailored to small businesses.
Do you specialize in nonprofit organization services?
Yes, we offer audits under OMB Circular A-133, SFAS 116/117 compliance, indirect cost rate calculations, and governance policy support for nonprofits.
What industries does your firm specialize in?
We focus on six key sectors: nonprofits, wholesale/distribution, government contracting, construction, retail, and professional services like law and medical practices.
Do you offer tax planning services for individuals?
Yes, we provide comprehensive tax planning, projections, and estate/gift tax services to help individuals optimize their financial strategies year-round.
