Bethesda, MD · 38.98°N
Clarity for the numbers that matter.
We are a Bethesda-based accounting partner for owners, founders, and family enterprises across the D.C. metropolitan area — handling the books, payroll, tax, and advisory work that keeps your operation moving forward.
A close-knit accounting practice, built for owners.
Potomac Advisory Group was founded in 2014 as an alternative to the impersonal regional firms and disconnected solo bookkeepers that dominate the Washington metro. We work with a deliberately small client list — roughly seventy engagements at any given time — so that every relationship is handled by a partner who actually knows your name, your industry, and the specifics of your balance sheet.
Our clients are professional service firms, medical and dental practices, family-owned contractors, and early-stage technology companies across Montgomery County and the District. Most arrive feeling underserved: reports that arrive late, tax filings that surprise them, and advice that never quite translates into action. We close that gap.
Every engagement begins with a full review of your prior-year filings, chart of accounts, and internal workflows. From there we build a calendar, assign a lead, and meet on a fixed cadence — monthly or quarterly — so you are never wondering what is happening behind the scenes.
Partner-led
Every client is assigned a senior partner who remains your primary point of contact for the life of the engagement.
Fixed cadence
Monthly close, quarterly review, annual planning. You always know when you will hear from us next.
Plain language
We translate the jargon into decisions you can actually make. No 40-page binders that no one reads.
Four practice areas, one accountable team.
Our work spans the full financial back-office — from weekly transaction coding to multi-entity tax strategy. Engagements scale up or down as your needs change.
Books that close on time, every month.
We take ownership of your general ledger — categorizing transactions, reconciling bank and credit-card accounts, and delivering a clean monthly close within ten business days. You receive a concise package: a profit-and-loss statement, balance sheet, and a short narrative explaining the variances that actually matter.
- Bank, card, and loan reconciliation
- Accruals, deferrals, and amortization schedules
- Monthly P&L, balance sheet, and cash-flow statement
- QuickBooks Online and Xero certified
Payroll, handled end to end.
From salaried staff to multi-state contractors, we run payroll, file taxes, and manage year-end forms — accurately and on schedule.
Federal, Maryland & D.C. filings.
Corporate, partnership, and individual returns prepared by a CPA — plus proactive planning throughout the year, not just at filing season.
Outsourced CFO
Forecasting, budgeting, and board-ready reporting for founders who need senior finance without a full-time hire.
Entity Structuring
LLC, S-election, or C-corp — we model the after-tax outcome and help you choose the right form for the road ahead.
Audit Readiness
Clean ledgers, supporting schedules, and a clean trial balance — so an audit becomes a formality, not a fire drill.
The conversations that compound.
Quarterly strategy sessions covering cash position, margin trends, hiring capacity, and tax exposure — the decisions that move a business forward over years, not weeks.
- 13-week cash-flow forecasting
- Annual tax projection by October 31
- KPI dashboard tailored to your industry
Industries
Professional services, medical & dental, construction trades, restaurants, and early-stage technology.
Engagements, priced and scoped.
Three standard monthly engagements, each scoped to the complexity of your operation. Annual tax and one-off projects are quoted separately. All engagements are month-to-month after an initial ninety-day term.
- Monthly bookkeeping & close
- One bank & one credit-card account
- Monthly P&L and balance sheet
- Annual 1099 preparation
- Payroll add-on available
- Quarterly review meeting
- Everything in Essentials
- Up to three bank / card accounts
- Full payroll processing (up to 15 W-2s)
- Quarterly tax projection
- Business & personal return filing
- Quarterly strategy session
- Everything in Growth
- Multi-entity consolidation
- 13-week cash-flow forecast
- Outsourced CFO sessions
- Board-ready reporting package
- Dedicated partner line
Tell us about your operation.
Share a few details and a partner will respond within one business day with a scoped proposal and indicative pricing. There is no charge for the initial consultation — we use it to determine whether we are genuinely the right fit.
- 01 Initial call within one business day
- 02 Scoped proposal within five business days
- 03 Ninety-day initial term, then month-to-month