Hands down one of the highest rated independent CPA offices in the country:
- United States Certified Public Accountant with IRS e-file
- Registered IRS Tax Preparer with valid PTIN for all 50 states
- 12+ years experience in accounting
- 5 star verified reviews on Thumbtack, Yelp, Google, and Facebook
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1019 customer reviews
Jeffrey Decker
DO NOT USE THESE PEOPLE!!! Please save yourself time, money and frustration by using someone else. We've used them for 3 years and the problems started stacking up this last filing year. When filing this year we realized in the year over year comparison didn't make sense. It turns out that they didn't put in my wife's income the previous year despite us being able to confirm that they received all of our documents. Because of that we had past due taxes for the incorrect filing. I guess that's our fault for missing it in review but you would think they would also verify this stuff. That's what we get for trusting a "professional" which... yeah I'm not sure you can really give them the credit of being. They weren't really apologetic about it at all and it sort of felt like they were blaming us. Since we were already mid taxes we finished filing this year but it's the last time. Then just this week for the first tax year we used them I just got a notice from the IRS that we didn't pay enough taxes and owe back taxes plus interest. According to them for that year we got a refund and this very easily would have been covered in that refund. But now because it's 3 years later I owe almost 6 times the amount of money because of accrued interest in that time. These people are an absolute joke and I dread what might be coming that I don't know about yet. I had years without issues just using TurboTax. We switched when we bought a house to get help and the only help we got was help getting into a massive mess. You're 100% better off using TurboTax instead of these clowns. Heck they would be better off just using TurboTax because they clearly have no idea what they're doing. More...
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Andrew Robinson
Absolutely horrible service. I've used them for a couple years for tax prep but wanted some more detailed analysis this year done before taxes are due. It's been over a month since I've posted payment and I'm still waiting. At no point have I interacted with anyone knowledgeable who actually understands my tax situation and could start to do the analysis and estimates I'm looking for. They've made multiple clerical errors and oversights along the way, broken deadlines, and have refused to give me a clear date by which I can expect this service to be completed. If you want more than simple tax prep avoid them at all costs. They outsource their support desk and will not give you personalized service. More...
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Eric S.
The Dimov Tax team is exceptional. Their large team was incredibly thorough and meticulous, especially with the complexities of my multiple rental properties. Their attention to detail was a huge relief, and they consistently made me feel supported throughout the entire process. Beyond their expertise, the value they provide is immense--they saved me a tremendous amount of time, making tax season completely stress-free. More...
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Gavin Zhang
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Susan Walsh
I was very pleased with my experience with Dimov and would certainly return to them for excellent service. They were very responsive and helpful. You can engage them with confidence. More...
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Scott W.
I started with Dimov a couple of years ago and haven't looked back since. They're on my side, helping reduce my tax liability, asking all the right questions and answering all of my questions. Ultimately, they do all the work I didn't have time for and they do it with amazing professionalism, filing my taxes in a super timely manner. I have very high confidence in their work and suggest you give them a try! More...
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Truc
Was deeply disappointed. Contacted them and asked if they would be able to submit my taxes on time, and they were quite responsive and said it would be done on time. Then I paid, and things quickly changed into no responses to emails, no reaching out. I had to hound them with emails and phone calls (that were then told I would get a call back which sometimes I did, sometimes I didn't.) Continued to email them closer to the date, no response. But they were quick before I signed up to have them do my taxes (so before I paid them they were quick to respond to earn my business). Then 2 days before my taxes were due, they email saying they have an estimate of XX- thousands of dollars that I need to pay to the IRS in 2 days or I will be penalized. No initial estimate so no warning before hand for me to transfer money to the appropriate accounts. Despite me asking many times for an estimate. I told them a PayPal sale was refunded so the income should not be reported, but they continued to report it as income anyways, despite my several warnings to not include it. Then they say they will be filing an extension. I am fine with that, but why wasn't I informed of this beforehand instead of after I paid. I felt like I was held hostage because they had all my documents and my payment and so I was stuck between a rock and hard place. I will never file my taxes here again. More...
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Robin W.
I absolutely hate doing my taxes. I would rather have a colonoscopy than do taxes. I have dyscalculia(dyslexia but with numbers), which means dealing with numbers and spreadsheets= nightmare. However, our taxes are complicated, due to the fact that we have rental properties in different states, I'm a freelancer/contractor who also has clients in other countries, and we did foster care. My husband has RSUs and other investment accounts. We can't do Turbo Tax or anything simple- we have to have an accountant. Our last accountant was not the greatest, so I came to Yelp and read a billion reviews before choosing Dimov Tax Specialists. I am so glad we went with them! They have been our accountants for the past two years, and have been absolutely wonderful. Artemii was very patient and diligent with us, following up, and walking us through our deductions and information needed. I especially appreciate how he made the process tolerable, for being non-judgmental, and understanding of how my neurological disabilities impacted how I needed to submit everything. We ended up getting tax refunds, and they went back and amended our old taxes- where we received more refunds. I'm very glad I found this firm. Their fees were great, in my opinion, and in line with what I would expect to pay for tax service like this. We'll be using Dimov tax specialists for the foreseeable future, as a result. More...
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Philip P.
This was the first year I used Dimov Tax Specialists. My taxes involved multinational issues and George and his staff were professional, timely, aware and involved in the process. The returns and filings were on time and actually a better deal as compared to the company I used previously. Philip P More...
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Multi M.
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Nick A.
Great people and great service. They were professional and were able to file my taxes!
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Jake Fabricius
The Dimov team was extremely engaged, thorough, and accurate on my returns. Highly recommend.
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Kathy N.
This is the second year we've used Dimov Tax Specialists and we have had excellent service. The first time, we reached out with a super last minute request to file our returns and they were able to accommodate and did a great job. We worked with Megan the second year and really appreciated her thoughtfulness and clear communication. She was available to hop on a call when we had questions and helped us go over all our options. Highly recommend! More...
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Kathy Novak
This is the second year we've used Dimov Tax Specialists and we have had excellent service. The first time, we reached out with a super last minute request to file our returns and they were able to accommodate and did a great job. We worked with Megan the second year and really appreciated her thoughtfulness and clear communication. She was available to hop on a call when we had questions and helped us go over all our options. Highly recommend! More...
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Aubry D.
Hermann and Tatsiana were extremely responsive and helpful. They handled my multi state filing process with ease! Communication went above and beyond. Will most definitely be using the Dimov team in the future! More...
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Andrew L.
George Dimov and his team have been wonderful throughout the years. It's extremely comforting to know George has us taken care of each tax season. George's rates are 100% worth what he charges. This will be our 4th year with George and we couldn't be happier. More...
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Gollamudi Rohith Sai
I used Dimov Tax for my personal tax filing this year. The CPA team was clear about what documents I needed and helped me maximize deductions. Their communication was prompt, and I appreciated the upfront pricing with no surprises. The preparation was thorough, and I felt confident submitting my return on time. More...
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Jacob Emanuel
As a small business owner, I hired Dimov Tax for bookkeeping and tax preparation. They reviewed my books carefully and helped me understand where I could improve payroll processes. Their strategic advice saved me money on my quarterly filings, and the team was responsive throughout. More...
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M Kapil
I called Dimov Tax after a confusing IRS notice. They handled the audit representation professionally, walking me through every step. Their expertise a
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Anurag Guda
I called Dimov Tax after a confusing IRS notice. They handled the audit representation professionally, walking me through every step. Their expertise and calm approach helped me a lot More...
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Harini Reddy
I hired Dimov Tax for corporate tax services this year. Their CPA team provided a detailed review of my company’s finances before filing, catching some overlooked deductions. I also appreciated their clear explanations of tax planning options for next year’s strategy. More...
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Ranjitha Vanguri
Dimov Tax was recommended for complex tax returns, including rental and investment income. They organized everything efficiently and answered questions about multi-state filings.
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Sai G
For my personal taxes with various income streams, I found Dimov Tax’s team knowledgeable and approachable. They took time to explain how to optimize deductions and helped me plan for upcoming tax changes. The service was professional without being overwhelming. More...
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Amruth M
I used Dimov Tax’s bookkeeping and accounting support during my startup’s first year. They set up reliable financial tracking and helped with quarterly taxes. Their proactive approach and clear report More...
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Vanguri Ranjitha
Switching to George Dimov CPA was one of the best decisions for my financial peace of mind. Their team meticulously reviews every detail, keeps me updated frequently, and provides clear explanations.
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Mallesh G
After switching from another CPA, Dimov Tax impressed me with their organization and responsiveness. The team handled my returns and also reviewed.
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Seetha Gollamudi
I appreciate how George Dimov CPA handles tax planning with a personalized approach. They don’t just prepare returns but also offer ongoing advice that helped me optimize my financial position. Their professionalism and transparency are top-notch. More...
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Ajay G
George Dimov’s bookkeeping services have been a huge help for my startup. They set up accurate financial tracking and helped with quarterly tax filings, making accounting much simpler. The team’s resp
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Rangu Krithika
For my multi-state rental property filings, George Dimov CPA was invaluable. They organized all paperwork efficiently and answered my questions patiently.
Reviewed on Facebook
Jashwan Vanguri
After receiving a complex IRS notice, George Dimov’s team managed my audit with professionalism and calm. They guided me through each step, handled al
Reviewed on Facebook
Benson M.
Absolutely fantastic, helpful and diligent in following up with us even when it was us dragging our feet. Great all around.
Reviewed on Yelp
Simon M.
I came to Dimov with a last minute tax return. They were able to turn around a quick extension in only a few days and then provided excellent service. Unlike other providers where it feels like you may as well be filling out TurboTax yourself, the experts here asked the right questions and handled everything for me from some simple documents and evidence More...
Reviewed on Yelp
Anthony Trave
First off these reviews have to be fake on google. This company is horrific, first off they show up as a local tax company in Philadelphia. Lie 1, they are a national accounting company and have no idea how to file local taxes with the city of Philadelphia. It’s July 27th and my local taxes due on April 15th still aren’t paid, they have no clue how to file my local taxes. Next problem, I still haven’t had my federal taxes filed from 2024 and it’s July 2025 because the accountant put a temporary address I was renting as my address with the IRS which caused an audit. THEY CAUSED AN AUDIT, great accountants cause an audit lol. Now I have to submit proof of all my tax documents to the IRS. None of these accountants work in a central building because they are a large national operation and these accountants are working at home so you don’t know where your accountant is going to be based out of and they clearly don’t run background checks on these “accountants”. I was just told this past week that my accountant who still hasn't filed my local taxes which I’m sure I’ll be penalized for is no longer with the company after not hearing back for months about him not mowing how to file local taxes. By the way you only get a 10 minute phone interview when you become a customer and pay $3,000 to file your yearly taxes, which are still not done yet. $600 to file your quarterly taxes which you have to pay every quarter. This company is twice as much as my local accountant and caused an audit. Do yourself a favor and stay local with your tax service. An actual local company not some glued together network of random accountants they remote hire for work and overcharge for. More...
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Peter ..
We have been using Dimov Tax to do our income tax returns for two years now. Artem Vasiliev prepared our tax returns and he is very professional. We are happy with the services and will continue using Dimov Tax to do our tax. More...
Reviewed on Yelp
Vivian L.
I contacted Dimov Tax Specialists after receiving a CP2000 notice for my 2023 tax year, and I couldn't be happier with their service! From the start, their communication was outstanding - they explained everything clearly and kept me informed throughout the entire process. What really impressed me was their follow-up. If I missed an email or didn't respond right away, they would reach out diligently to make sure nothing fell through the cracks. This level of attention gave me confidence that my case was being handled properly. I was so satisfied with how they handled my CP2000 situation that I had them prepare my 2024 tax return as well. The experience was smooth and professional from start to finish. If you're dealing with tax issues or just need reliable tax preparation, I highly recommend using this team! They turned what could have been a nightmare situation into a stress-free process. More...
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cindy dougherty
What a great company! They are very thorough with their work, timely responses and nice folks to work with. We have used them for several years and are always pleased. Megan is the best!
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Emanuel B.
The team is very responsive and thorough. The quality of their work for the tax returns gave me the confidence that my returns were prepared accurately and on time.
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Emanuel Brueh
The team is very responsive and thorough. The quality of their work for the tax returns gave me the confidence that my returns were prepared accurately and on time.
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Nancy K.
I have used Dimov Tax Specialists for several years now and have been extremely happy with them. Everyone I have worked with has been friendly, helpful, and communicative. I highly recommend them!
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Marina Altudova
I wish I could give them 6 stars! I had an amazing experience with Dimov Tax. A team of honest and professional people. They worked around the clock and helped me so much with my taxes! Highly recommend them!
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Andrea H.
Excellent service! The team was quick, responsive, and did a good job of managing the process. Thank you!
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Arif K.
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Peach F.
I paid them $1,100, and they greatly understated my estimated tax liability because they gave me incorrect information. For example, they stated that all early Roth IRA withdrawals are not taxed when, in fact, only early withdrawal of your original contributions are not taxed. Any gains from early Roth IRA withdrawals are taxed as income. I can't confirm because they didn't explain the details of their calculations, which I wish they did, but I believe another part of the reason why their estimated tax liability was so understated was because they only provided the estimated federal tax payment and didn't include the state taxes. Communication was very good with the owner when trying to get my business, but after payment, communications became noticeably more delayed and less responsive. They'd also sent me a virtual appointment time without even asking if I was available at that time, and it was for 3 weeks out. At this point, I admit I was a bit peeved and asked if I could just cancel the appointment. It was only then that they offered me an appointment for the same week. Finally, they list their location as San Francisco, but they're actually physically located in the East Coast, which I found to be pretty deceptive. I assume they're doing this to try and tap into the Bay Area tech market. More...
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Connor Thurmond
I've been working with this group for a few years now and they've been very helpful. The price is reasonable, they answer my questions and are responsive, and I trust them to take care of me and my taxes. No more stressing about tax season! More...
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Edward Peter Shore
I have used Dimov Tax services for many years now, and they are always excellent, both in terms of their efficiency and speed of communication. Highly recommend!
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Tim Allen
Quick, responsive, affordable. I recommend them for nonprofits.
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suleman khan
The team of experts at Dimov Tax continues to impress me w/ their knowledge and insights. I have had the good fortune to have them advise me on various matters ranging from tax filings, to understanding the intricacies of Founder Shares in a start up, to assistance w/ estate planning utilizing an LLC. This is also one of the most professional service organizations I've encountered in the personal accounting/law business - from initial response to ongoing customer engagement, they are methodical and efficient in how they serve the customer. Thank you. More...
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Brandon Mahabir
Excellent work. They are responsive and precise. I will use them again.
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Anushka Mehta
After some complicated tax filings and mistakes made by our previous tax preparer, working with Anvar at Dimov Tax Specialists has been a breath of fresh air! Communication is timely, returns filed early, and instructions clearly shared. It's taken a load off my mind. More...
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Stathis Vafeias
Great company! Very responsive and attentive. I moved to California from UK and they were very good at helping me navigate double taxation, foreign RSUs.
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What kind of accounting services do you provide?
Individual Tax Preparation, Business Taxes (LLC, single member sole prop, s corp, c corp, partnership returns), Bookkeeping, Cryptocurrency Taxation, RSU & Stock Option Taxation, Forensic Accounting, Verification of Income, Excel Modeling, Property Management Accounting, Business Valuations and M&A Consulting, Income Projections, Private Equity Taxation, CPA services, Audit, Review, Compilation, Married Filing Joint vs. Separate analysis, Alternative Minimum Tax, Tax Strategy, New Tax Bill, etc.
Why is it so important for businesses to hire a great accountant?
Hiring quality means you can focus on your life while we handle the paperwork. Hiring quality also means that you know that the job will be done correctly
What do you love most about your job?
I am passionate about the things I am good at - tax always came naturally to me and am happy to provide this as a service to others that may not be as preoccupied with tax matters!
What inspired you to start your own business?
I noticed I work faster & more efficiently than any other company I worked for. The next logical step was to start consulting.
Why should our clients choose you?
We provide great service! Here is proof:
Verified customer reviews below:
https://www.yelp.com/biz/george-dimov-cpa-washington
Corporate & Partnership Taxation
There are three main types of business entities that require federal tax filings. Partnerships, C-Corps, and S-Corps. Below is a discussion of each, as well as a brief comment on LLCs:
Partnerships
If you have more than one member in your business but have not otherwise incorporated as an S-Corp or C-Corp, you should likely be filing this return. It is reported on Federal Form 1065 and (if applicable) certain state schedules. We support all 50 states. This default classification arises if you apply for an EIN number for a business entity that has more than one owner. This default classification also arises if you have registered an LLC with your state and that LLC has more than one owner, equity partner, or member.
S-Corp
An S-Corp is a small business corporation structure allowed by the IRS. It is reported on Federal Form 1120-S and (if applicable) certain state schedules. We support all 50 states. This is not a default classification – rather, you must apply for it and be approved by the IRS. The appeal of this classification is that it allows for decreased self-employment taxes on your individual return. These tax savings may be substantial, depending on the annual net income of your business. Please contact us for more details or to file your annual return.
C-Corps
A C-Corp is a taxable entity that pays taxes in its own right. It is reported on Federal Form 1120 and (if applicable) certain state schedules. We support all 50 states. This structure is the default classification you must file with the IRS after you file as a corporation with your state or after registering your EIN as a corporation with the IRS. The C-Corp structure allows many shareholders and is the common classification for many Delaware startups and larger businesses.
A Comment on LLCs
An LLC often has state filing requirements. We support all 50 states. However, for federal purposes, you would be filing your LLC taxes on one of two forms: From 1040 Schedule C or Form 1065. If you are the only owner, partner, or member of your LLC, then you would report on Federal Form 1040 Schedule C. If you have more than one owner, partner, or member of the business, then you would report on Form 1065, unless you have specifically incorporated as an S-Corp or other type of entity.
Please contact us anytime regarding any of these entity types as we have helped thousands of businesses of various size over the years.
Individual Taxation
After years of serving clients in some of the largest metropolitan areas, our practice has obtained the expertise to navigate your specific regulatory environment and achieve desired outcomes on your return with solid professional integrity.
Some common areas that we handle on a daily basis:
Self-employment/contractor/freelancer income
Rental property
Sale of Home
Equity Compensation. For example, RSU, ESPP, ISO, NSO, etc.
Multi-state allocation
Company IPO, merger & acquisition
Crypto currency
Foreign Income Exclusion & Foreign Tax Credit
Our individual tax services provide fast and accurate results.
For individuals with Equity Compensation, we can discuss when and how to exercise or sell your stocks/options to optimize your net after tax income based on your vesting schedule.
For individuals with a business, we can discuss quarterly taxes as well as methods to structure your company, such as possible s-corp conversion or other types of credits & deductions.
Tax Planning
Over the years, clients have given us one important piece of feedback: they often do not want someone “just filing our taxes.” Long-term strategy and building a relationship are important considerations. Some frequent topics that we are hired to discuss include:
Equity compensation – timing & quantity of stock option sales/vests
New home purchase & related tax effects
Joint vs. separate tax returns
Tax benefits of dependents
Quarterly estimated taxes
Moving states
Feel free to contact us to discuss any of these (or any other) long-term tax planning topics.
Past-Due Tax Returns
We have been approached frequently with requests to reconcile past records and file past-due tax returns. Even if you have lost your records, our team will assist in obtaining information from the IRS and any relevant states.
We can help estimate, reduce, or eliminate taxes or interest through various abatement programs, payment plans, and debt settlements (tax reductions) that are available through the government.
Give us a call to learn more about our individual tax services today.
Audited Financial Statements
For companies of a certain size, or companies with certain debt/equity funding requirements, audited financial statements may be required. This is the most thorough type of attestation services that an accountant offers in the United States.
Audits are advanced, state-regulated engagements that require detailed review of financials, third party confirmations (such as confirmations of sales by major customers and confirmation of bank balances with banks). If your company has significant assets, inventory, or other physical items that comprise a material component of your financials, an on-site visit will likely be necessary, as well.
The final product are the financials with the auditor’s opinion, which describes how well your company’s financials align with Generally Accepted Accounting Principles, IFRS, or whatever attestation standard you have chosen.
We perform audits of financial statements across industries, notably manufacturing, financial firms, technology, non-profit, real estate, and basic HOAs/condos/coops.
We are peer reviewed, have clients in all 50 US states, and are PCAOB registered, meaning that we file audits for publicly-traded companies (including audit client companies that are subsidiaries of larger firms). We are also happy to serve for smaller audits, such as our many non-profit, HOA, or building clients.
Please feel free to reach out for a quote below – please let us know the industry type and approximate size of your company.
Tax & Financial Planning
We have found over the years that many clients need a bit more than “just” tax preparation. You may be anticipating some of the below complexities and need a firm to turn to for guidance and planning:
Self-employment/contractor/freelancer income
Rental properties or personal new home purchase
Sale of Home or sale of other types of property
Equity Compensation. For example, RSU, ESPP, ISO, NSO, etc.
Moving of states or residency issues related to working from home away from your employer
Company IPO, merger & acquisition
Crypto currency
Foreign Income Exclusion & Foreign Tax Credit
Investment allocation
Business structure optimization
IRA, 401k, Roth IRA, and other investment strategies (or loans from these types of plans)
Our team of experts has guided countless clients through these complexities and many more. Happy to put together a tax plan or financial projection based on your individual circumstances. Just contact us below for either a verbal appointment or numerical projection.
Expat & International Taxation
Non-residents & Visa holders
With clients from over 42 countries, we are fluent in all main aspects of financial reporting. Whether you are here to study, work temporarily, or build a new life, we are happy to support your tax compliance.
Tax returns for visa holders
Dual Status returns
Reporting foreign gifts or foreign transfers
Application of tax treaty
US Expats Living overseas
We have clients currently living in 46 different countries. Some unique items we must address:
Foreign Tax Credit (to prevent double taxation on foreign income)
Foreign Earned Income Exclusion (also to prevent US tax on foreign income)
Reporting of foreign assets & foreign investments
Amending returns that were not filed properly
Streamlined procedures
Forms 5471, 5472, 3520, 3520-A, 8865, 8938, and many more
Feel free to contact us to discuss any of these (or any other) short or long-term tax planning topics.
Penalties for failing to disclose
We have been approached frequently with requests to address (or learn about how to avoid) penalties for failure to disclose foreign assets. Many US tax residents are unaware of the complex rules associated with compliance. If you find yourself in a situation where you are facing a penalty, please reach out to us to learn what may be available to you to fight it.
Tax & Accounting for Real-Estate
Tax & Accounting for real estate-related matters can take on virtually unlimited forms. We will summarize a few common types of client requests below.
Tax returns for individuals with rental properties
We specialize in rental properties, whether they are in your state of residence, out-of-state, or outside of the country. These are all common situations for us.
If you are new to investing in rental properties and want to learn the tax & operational basics related to this exciting type of investment, you can also schedule a call with the team to learn the pros & cons of real estate investing.
1031 Exchanges
We are a 1031 exchange intermediary and are happy to work with you through the entire 1031 exchange process. If you are not sure if a 1031 exchange makes sense for you, please contact us to schedule an appointment to understand how the process works.
House flips
We have quite a few clients that either flip homes full time or have several projects as a side venture. Our team specializes in tax optimization and strategy for this type of situation and will ensure you are maximizing all possible deductions, exclusions, etc.
Sale of Primary Residence
We are frequently contacted to consult with clients regarding their sale of their home. Common questions include: will I pay taxes on the capital gains? If so, how much can I expect to pay?
Real Estate Agents
With countless leading real estate agents as clients, we have a wealth of experience with tax planning & strategy for this type of taxpayer. The opportunities for tax strategy here are really endless, from structuring as s-corp, c-corp, or LLC to SEP/solo 401k plans and other tax deferral strategies. Whether you need annual tax preparation or a consulting call to determine tax optimization strategy, reach out to us below.
Services HOAs, HDFCs, Condos, Co-ops, Cond-ops, or Condo-Tels
We perform the full range of services for this type of client – this includes monthly bookkeeping, annual financial statement audit, review, or compilation, 1120-H or annual tax filings, quarterly taxes, payroll, 1099 issuance, etc. We also offer accounting outsourcing for buildings that are self-managed. Just reach out with our web form below.
Private equity funds that invest in real estate
We are a full service accountant for PE funds that focus in real estate, including fund administration, partners capital statement issuance, K-1s, annual returns, 1099s, monthly/quarterly/annual statements, and annual audits, reviews, and compilations
If you have any of these common requirements, just contact us below & we will be more than happy to assist you.
Compilation
Compilation engagements generally produce simply a set of standard, professional financial statements. Compiled financial statements do not include the extensive third-party verifications typical of an audit or the extensive testing typical of a review. For this reason, they are usually the least time-consuming to produce and generally the least expensive attestation engagement.
Please reach out below if you need assistance with your financial statement compilation.
Accounting Services for Non Profit Organizations
Annual tax returns
Each year, your non-profit organization must file one of several types of forms, most often the IRS 990 or 990EZ and related disclosures. We are happy to assist you with this type of filing. The complexity here may revolve around revenue types you have and the overall details of your organization.
Regardless of the mission of your nonprofit, we are happy to file these forms for you. Non-profit returns are due on May 15th of each year (for most types of organizations), however, please do contact us as early in the season as possible. Please make sure to have your books ready, which leads me to the next topic.
Monthly bookkeeping services
Many non-profits, once they reach a certain size, may have an entire finance team, complete with a controller, senior accountant, and assistant. However, some organizations (large and small) outsource this function to us.
Bookkeeping is normally completed monthly so we can stay on top of the expenses and revenues in real-time. This allows us to properly categorize items while memory is still fresh & we can ask questions.
However, if you are in a situation where your books have not been completed for a whole year, or multiple years, we are happy to clean these up for you. Please contact us below for either ongoing monthly bookkeeping or for catchup/cleanup work.
Annual Financial Statement Audits, Reviews, and/or compilations
Many organizations are required to complete an annual audit or review. Some organizations only require a compilation. These are attestation services that are useful for gauging the reliability of management’s financial statements.
Most audits for nonprofit organizations can take several weeks, so contact us as early as possible for this requirement. We also have expedited services available if necessary, however, certain elements of the audit process may require 3rd party confirmations, the timeline of which may be out of your control, so my recommendation is to start as early as possible.
Entity formation
We are asked to form entities with the state quite often as well as obtain non-profit standing with the IRS. Remember, even though you created a non-profit corporation with your state, that does not mean you automatically have IRS non-profit standing. IRS approval requires complex paperwork, so contact us if you needed assistance obtaining your status. We support all statuses available, such as 501(c)3 and social clubs/societies.
Issues surrounding good standing status with the state
We are frequently asked to restore good standing or catch up on missing filings for state purposes. These situations often lead to your entity being in poor standing with the state or having their status withdrawn. If you need assistance with this, just contact us & we will clear it up for you.
If you have any of these common requirements, just contact us below & we will be more than happy to assist you.
Bookkeeping
Our firm has over a decade of experience in bookkeeping for businesses ranging in size from a single owner to countless staff members.
We support online accounting platforms and are happy to work with whatever system you are using, provided that it is accessible through a browser. Our experience in most major platforms is extensive, leading to top-quality work.
Some common platforms are Quickbooks Online, Xero, Wave, and Freshbooks, however, we have clients on over a dozen other types of software.
Our bookkeeping includes whatever quarterly or monthly deliverables you need, such as financial statements, categorization of transactions, reconciliation of invoices/payments, quarterly income or sales taxes, and other recurring tasks.
Our CPA team are also available to discuss business and tax strategy on an ongoing basis, essentially partnering with you to make sure you understand company performance. Although it is not required to be a CPA to be a good bookkeeper, all our senior staff hold advanced degrees and/or licenses.
Payroll
From one single employee to over 100, our small business services will help you put together your payroll system, administer benefits, and ensure you are in compliance with federal, state and local code.
Sales Tax
From setup to monthly, quarterly, or annual reports, we are happy to complete this service for you. If you have issues with sales tax or have received a notice from the state, please send over to us at hello@dimovtax.com and we will address for you.
Tax Preparation
Whether your small business is an S-corp, LLC, Partnership, or C-corp, we are happy to assist you with annual, quarterly, or monthly filings. Some clients are not sure what entity type is best – just let us know if you need help with the selection & we will provide all tax-related guidance.
