CFO Source Blog

Top 5 Most Popular Accounting Services for Maryland Businesses

August 10, 2016

At CFO Source we take accounting services very seriously, it’s what we are great at and what we love doing. We provide Maryland businesses with many services that help them manage their time, money, and growth. We pay attention to the small details of their businesses so that they don’t have to, and so they […]

Understanding a Profit Loss Report

July 14, 2016

Accounting is hard. Even if you aren’t part of an accounting team, you may still get reports from them and many are complex and difficult to understand. Profit and Loss reports can help you to better understand the total income and total expenses for a period of time. It is most useful for finding ways […]

How to Prepare for a Business Loan Application

April 14, 2016

Starting a business and need a loan? Or maybe you already have a booming business but need more money to grow? The truth is, in these shaky economic times banks are a little hesitant to hand out business loans. Most will put your loan application package through a rigorous review, and some won’t even look […]

Capital vs. Current Expenses: What’s the Difference?

March 15, 2016

Keeping track of business expenses can be difficult, whether you are a seasoned business owner or just starting out. But besides keeping track, for tax purposes you are also required to classify your expenses into capital and current. And it’s not always as simple as it looks. Allow our Maryland business tax preparation experts to […]

5 Business Exit Strategies and How to Plan

November 12, 2015

When you quit your 9-5 job to become a full-time business owner, you may have thought that you finally found your passion and that this is forever. However, circumstances change, and in 5 or 10 years you may decide to start a new venture, return to working for someone else or maybe it will be […]

Hiring an Accountant vs. Internal Bookkeeping

September 15, 2015

If you are running a small business, you probably outsource your accounting. After all, the first employees you’d want to hire are usually people who can help you grow your business, not someone whose work doesn’t directly translate into profit. But as you grow and expand, you may realize that working with your Maryland accountant, […]

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What Our Clients Say...

"We struggled for several years with high turnover in our bookkeeper position, which resulted in missed billings and duplicate payments. Craig Kershaw was able to locate a high caliber person who quickly took over the accounting and is now helping to expand the business into new markets. I no longer worry about whether my accounting is being done properly."

-Bryant Brambeck, Owner, Liberty Emblem Company

Regions Served

Frederick County: Frederick (21701, 20702, 21703, 21709), New Market (21774) , Mount Airy (21771), Urbana (21704), Ijamsville (21754), Walkersville (21793), Libertytown (21762), Damascus (20872), and more.

Howard County: Clarksville (21029), Columbia (21044), Cooksville (21723), Dorsey (21075), Elkridge (21075), Ellicott City (21043), Fulton (20759), Glenelg (21737), Glenwood (21738), Granite (21163), Hanover (21076), Highland (20777), Jessup (20794), Lisbon (21765), Marriottsville (21104), North Laurel (20723), West Friendship (21794), Woodbine (21797), Woodstock (21163), and more.

Montgomery County: Olney (20832), Damascus (20872), Laytonsville (20882), Silver Spring (20910), Clarksburg (20871), Gaithersburg (20878), Germantown (20876), Bethesda (20816), Chevy Chase (20815), and more.

Baltimore County: Arbutus (21227), Catonsville (21228, 21250), Cockeysville (21030, 21031, 21065), Dundalk (21222), Edgemere (21219), Essex (21221), Garrison (21055), Lansdowne (21227), Lochearn (21207), Lutherville (21093), Middle River (21220), Milford Mill (21244), Overlea (21236), Owings Mills (21117), Parkville (21234), Park Heights (21215), Pikesville (21208), Randallstown (21133), Reisterstown (21136), Rosedale (21237), Timonium (21093), Towson (21204), White Marsh (21162), Woodlawn (21207), and more.

Carroll County: Eldersburg (21784), Finksburg (21048), Hampstead (21074), Manchester (21102), Marriottsville (21104), Taneytown (21787), Union Bridge (21791), Westminster (21157, 21158), Mount Airy (21771), New Windsor (21776), Sykesville (21784), Woodbine (21797), Taneytown (21787), and more.

Washington, DC and Northern Virginia