Our Approach

RY CPA is a full-service firm of the future for small businesses and individuals. We treat your financials as if they are our own. We're not only your accountants, but your partners and advisers who are dedicated to building, managing, and growing your business and personal success through a strong financial foundation.


What does it mean to be full-service? 

This means, you can outsource all financial matters to a CPA for a fraction of the cost of hiring a full or part time CFO. For small business owners,  you will have your own accounting department who handles payroll, the books, tax compliance, LLC/Corp legal issues, tax planning, proactive financial planning, and other financial related issues. For individuals, you have unlimited access to your own tax adviser year round, not just during tax season. We prefer our clients reach out to us about ambiguities regarding financial decisions during the year, so when tax season arrives there are no surprises. We believe in a proactive relationship with our clients.


What does it mean to be a firm of the future?

This means, we understand that people operate differently in today's business world in terms of technology, billing, and processes. Business owner's don't have the time for meetings, scanning, visiting the local tax office, phone calls with IRS, picking up paper copies of tax returns, running the books, paying the bills, and worrying about ever-changing tax laws. To meet the needs of the modern day business owner, we implement the most cutting edge technology and step in the shoes of our clients to handle all daunting tasks that they would otherwise be confronted with at traditional accounting firms. Almost all of our clients have migrated to cloud-based accounting and document sharing platforms which gives them access to real-time financials and document sharing with their accountant. We also offer value-pricing for our clients, which means you don’t get billed hourly. We agree upon a monthly fee that fits the needs of your business. With monthly value-pricing, you have unlimited access to your CPA and don’t need to be afraid of getting billed hourly for asking useful questions and keeping a proactive relationship. We encourage you to ask about our CFO packages.

Businesses

Your time is important and so is accurate financial & tax reporting. We are experts in accounting and tax so you don’t have to be. Whether you need an outsourced accounting function or tax planning and preparation services, we offer customized solutions to meet your business needs.

Our business services include:

Business tax return preparationBusiness tax planning

Outsourced CFO services / Accounting System Implementation / Accounting & Bookkeeping / Payroll

Strategic Growth Planning / Forecasting  


 Outsourced CFO Packages

GETTING BY

This package is intended for new or very small businesses that don’t process too many transactions. The business might have a shareholder or single employee on payroll, but still want access to monthly financial reports and comply with all federal and state tax regulations.

  • Quickbooks Online (QBO) subscription and multi-user cloud access
  • Initial QBO Set-up and prior year tax return reconciliation
  • Payroll set up and weekly/biweekly processing for 1 employee – includes all state and federal paperwork
  • Quarterly payroll tax filings
  • 1 bank account supported
  • 1 credit card account supported
  • Monthly bank reconciliations
  • Monthly financial statements – balance sheet, profit & loss, statement of cash flows
  • Monthly sales tax filing

TIME TO GROW

This package is intended for businesses that are serious about growing. The business needs access to monthly financial statements, CPA consulting, reliable tax returns, and an adviser that can help with tax planning, growth planning, and possibly raising investment capital.

  • Quickbooks Online (QBO) subscription and multi-user cloud access
  •  Initial QBO Set-up and prior year tax return reconciliation
  • Payroll set up and weekly/biweekly processing for 1-10 employees – includes all state and federal paperwork
  • Quarterly payroll tax filings
  • 1 bank account supported
  • 1 credit card account supported
  • Monthly bank reconciliations
  • Monthly financial statements – balance sheet, profit & loss, statement of cash flows
  • Monthly sales tax filing
  • Annual projections and growth planning
  • Year-end tax returns
  • “On Call” CPA level support and business tax advice

HANDS OFF

This package is intended for thriving businesses that aren’t at a stage to hire an office manager and in-house CPA. All financial and legal matters will be handled through the CFO, you just sit back and grow your business.

  • Quickbooks Online subscription and multi-user cloud access
  • Initial QBO set-up and prior year tax return reconciliation
  • Payroll set up and weekly/biweekly processing for 10+ employees – includes all state and federal paperwork
  • Quarterly payroll tax filings
  • 2+ Bank Accounts Supported
  • 2+ Credit Card Accounts Supported
  • Monthly bank reconciliations
  • Monthly financial statements – balance sheet, profit & loss, statement of cash flows
  • Monthly sales tax filing
  • Resolve issues with federal and local authorities – notices, business registration, LLC filings
  • Annual projections and growth planning
  • Year-end tax returns and all tax compliance
  • Unlimited “On Call” CPA level support and business tax advice
  • Supports inventory businesses
  • Pay bills/write checks
  • Issue Invoices
  • Monthly planning meeting

Individuals

We’re not H&R Block. Yes, we do prepare tax returns, but we also believe in educating and advising our clients on tax saving strategies. We take the time to understand our clients and work closely to achieve their financial goals. We are your tax advisers year-round, not only during tax season.

Our individual services include:

Tax planning Tax Return Preparation Budgeting


For business owners, we gain an understanding of your business and consistently follow up on performance and plans, then strategize how to mitigate your personal taxes based on this information.

“We are very happy with the tax services that Raffi provides for our Florist. I come from an accounting background but it is much more convenient to have a professional like Raffi take charge of your accounting. He is prompt, organized and clear. Working with him has enabled us to be able to spend more time focusing on building our business. He has consistently provided us with valuable tax information which has led to growth within the business. Communicating is smooth and he specifically makes it easy for us during our busy schedule."

- Omar Malik, President, America’s Beautiful Florist, Rockville, MD

“Ever since we began working with RY CPA, the process of preparing and filing our tax returns has become streamlined. They were able to quickly asses the accounting for each of our corporations and understand the way they interact with one another. Their level of professionalism and organization has taken previous stresses away from us, allowing us to focus on the growth of our business. I recommend RY CPA for any small to midsize business that is in the need for a firm that can help develop comprehensive accounting practices that will ultimately lead to a quick and easy tax filing process.“

- Berj Ghazarian, Vice President, Itaberco, Baltimore, MD

Technology

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Partnerships with:

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We believe in efficiency, accuracy, and reliability. We can help you achieve these three things through our consistent use of the most cutting edge technological tools available in the industry. As a QuickBooks Online Certified ProAdvisor, we leverage automation and cloud capabilities to save you time and headache in running the books for your business. We leverage technology when it makes sense, but we aren’t afraid of paper.

“Between travelling for shows and tours, fulfilling our appointments, and managing day to day business, my business manager and I don’t have time to manage the books and make sure we are compliant with ever-changing payroll and tax laws. Working with RY CPA has allowed us to have real-time cloud access to monthly financials, payroll, business and personal tax returns, and an on-call CPA support when needed. We are constantly strategizing financial decisions at the business level to mitigate tax effects at the personal level. RY CPA is our CFO and advisor, not just our accountant”

- Linh Phan, Founder & President, Be Scene Hair Studio, Kensington, MD

Contact

RY CPA was founded by Raffi Yousefian, a Maryland native and strong small business supporter who has built a diverse network of brilliant individuals and businesses in the DC, Maryland, Virginia metropolitan area. Our success has been dependent upon clients referrals and the individuals we have met through our prosperous community. We love connecting our clients and seeing them build successful relationships. When our clients win, we all win.

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Office Location

F: 410.874.0970