Project & client profitability
Time, contractor costs and expenses need to be tied to each engagement to see which clients are worth it.
Industries · Consulting Firms
Accounting & Tax Services for Consulting Firms in Northern Virginia
Know which clients and projects are profitable, keep your books clean every month and plan taxes ahead, so you can spend your time advising clients. We provide accounting for consultants, from independent consultants to growing firms, across Northern Virginia, DC and Maryland from our base in Ashburn.
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Project profitability
- Billable time matched to invoices
- Expenses tagged by client
- Contractor payments recorded
- Retainers and receivables reviewed
Clear numbers on every client and project, every month.
Why consulting firm accounting is different
The financial challenges consulting firms face
Consulting revenue depends on people, projects and timing. Without the right setup, it is hard to see which work actually makes money.
Lumpy cash flow
Retainers, milestone billing and slow paying clients make monthly cash hard to predict.
Contractors & 1099s
Subcontractors need to be tracked all year and reported correctly at year end.
Owner pay & entity choice
Many consultants can save by choosing the right entity and setting a reasonable salary.
How we help
See pricing
Accounting services for consulting firms
Monthly bookkeeping by client & project
Transactions categorized and tagged so you can see profitability by engagement.
Accounting & BookkeepingBookkeeping cleanup & catch-up
Behind on your books? We reconcile past months and get you current.
Cleanup & Catch-upBusiness tax preparation
Returns for consulting firms structured as LLCs, partnerships and S corps, filed on time.
Business Tax PreparationTax planning for owners
Plan salary, distributions and estimated payments to keep more of what you earn.
Tax PlanningPayroll & contractor payments
Payroll for employees, payments for contractors and year end 1099 support.
Payroll ServicesQuickBooks Online setup
Classes and projects set up so reports show what matters to a consulting firm.
QuickBooks Online ProAdvisor
Why firms choose us
A finance partner that understands consulting
With over 30 years of combined experience, our team keeps your firm's books accurate, compliant and ready for tax season. Learn more about our firm.
Confidential by default
Secure document sharing and strict privacy for your firm's financial data.
Flat monthly pricing
Plans start at $395 a month, with no hourly surprises.
100% remote
Work with us from anywhere in Virginia, Maryland or DC.
A dedicated contact
One person who knows your firm and answers within one business day.
From our blog
Helpful guides
How to Pay Yourself as a Business Owner: Owner’s Draw, Salary and Distributions
Owner draw, guaranteed payments, S corp salary and distributions: how to pay yourself from an LLC, partnership, S corp or C corp, and how each is taxed.
What Is an S Corp? A Plain English Guide for Small Business Owners
What is an S corp? A plain English guide for new business owners: how it works, how it saves tax, reasonable salary, costs, Virginia rules and FAQs.
Quarterly Estimated Taxes in Virginia: 2026 Due Dates, Safe Harbors and Penalties
2026 federal and Virginia estimated tax due dates, who must pay, safe harbor rules, the new $1,000 Virginia threshold and how to avoid penalties.
FAQs
Consulting firm accounting questions
Can you show profitability by client or project?
Yes. We set up classes or projects in QuickBooks Online and tag income and costs so your reports show margins by client and engagement.
Do you work with independent consultants?
Yes. We work with solo consultants as well as growing firms with staff and subcontractors.
How much does accounting for consulting firms cost?
Monthly plans start at $395 and depend on your transaction volume and number of accounts. See our pricing page for details.
Can you help if our books are behind?
Yes. Our bookkeeping cleanup and catch-up service gets past months reconciled before we move you to a monthly plan.
Do you work with consulting firms outside Ashburn?
Yes. We work remotely with clients throughout Northern Virginia, Washington, DC and Maryland.
Serving consulting firms across Northern Virginia
From our Ashburn office, we work remotely with consulting firms in Ashburn, Leesburg, Reston, Herndon, Tysons, Fairfax, Arlington and Alexandria, as well as Washington, DC and Maryland.