CPA & Tax Accountant Serving Damascus MD | Mercer Flanagan

Serving Montgomery County's Agricultural Reserve Since 1971

Whether you own a working farm or equestrian property, work remotely for a biotech or federal employer, or run a Main Street business, we handle the returns that actually require a CPA.

Urbana Maryland neighborhood view

Full-Service Tax & Accounting Solutions for Damascus

Damascus sits where Montgomery County's Agricultural Reserve meets some of the region's most accomplished remote professionals. We handle the tax details for working farms, equestrian properties, and high-income households alike, so you keep more of what you've built.

Individual Tax Prep

We handle your entire tax return from start to finish, finding every deduction while you relax knowing it's done right.

  • Personal CPA interview every year
  • CPA review for maximum accuracy
  • Year-round question support
  • Specialize in complex investment returns

Small Business Tax Returns

Take business taxes completely off your plate — we handle everything so you can focus on running your business.

  • Complete business tax management
  • Quarterly planning and estimates
  • Multi-entity expertise
  • Responsive year-round support

Estate & Trust Tax Services

Navigate complex estate and trust taxes with specialists who handle what other firms won't touch.

  • Estate and trust specialization
  • Complex situation expertise
  • Probate and inheritance guidance
  • What other firms avoid, we handle

QuickBooks Support & Training

Get your books organized and learn to use QuickBooks effectively with hands-on training from experienced CPAs.

  • QuickBooks setup and training
  • Troubleshooting support
  • Business owner focus
  • Ongoing consultation available

Financial Statement Compilations

Professional financial statements and bookkeeping services for businesses that need compliance documentation.

  • Compiled financial statements
  • Monthly bookkeeping available
  • Bank-ready documentation
  • Professional CPA preparation

Non-Profit Tax Returns

We prepare Form 990 filings and handle tax compliance for non-profit organizations of all sizes, keeping them in good standing without the headache.

  • Form 990 preparation
  • Non-profit compliance support
  • Tax-exempt status support
  • Professional CPA tax preparers

Individual or Business Tax Planning

We work with individuals and businesses throughout the year to create proactive tax strategies that reduce your tax liability and maximize deductions.

  • Tax projections for businesses and individuals
  • Multi-state tax planning
  • Change of entity or year-end planning
  • Year-end tax planning

Fractional CFO Services

Get strategic CFO-level guidance without the full-time salary — monthly financial oversight and planning from an experienced CPA.

  • Monthly financial reporting
  • Cash flow forecasting
  • Budget preparation and analysis
  • KPI tracking and board reporting

Questions Damascus Clients Ask Us

A few things we hear most often from clients in the Damascus area

We have a working farm or equestrian property in the Agricultural Reserve. What tax rules apply to us?

Properties in Montgomery County's Agricultural Reserve often qualify for agricultural land assessment that significantly reduces property tax, but maintaining that status requires meeting specific use requirements. If you also generate income from the property, whether boarding horses, selling hay, or running a small farm operation, that income needs to be reported correctly on Schedule F. We help Damascus property owners get both pieces right.

I work remotely for a biotech or federal employer but live in Damascus. Does that affect my taxes?

Remote work generally doesn't change your tax filing as long as your employer is withholding correctly for Maryland, but it's worth confirming this is set up properly, especially if you've changed employers or work arrangements recently. We check this as part of our annual review for Damascus's many remote professionals.

I own a business on Main Street in Damascus. What should I know about local taxes and structure?

Main Street Damascus businesses serve both the immediate town and the surrounding rural communities, and getting your entity structure and bookkeeping right matters as much here as anywhere. We help Damascus business owners set up their books correctly and evaluate whether an S-Corp election would reduce their tax bill.

Do you work with Damascus clients remotely, or do we need to come into your Frederick office?

Most Damascus clients work with us entirely remotely — secure document upload, video calls, and e-signatures cover nearly everything. We're glad to meet in person if you'd prefer, but the drive has never been a barrier for the clients we already serve there.

Ready to Talk to a Damascus-Area CPA?

Book a free consultation and we'll tell you honestly whether we can help — and what it would cost. No pressure, no obligation.

Book a Free Consultation
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