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📍 Kensington, MD · Bookkeeping Service

Bookkeeping Services
in Kensington, MD

Bookkeeping in Kensington, MD for the small businesses anchoring this incorporated town inside Montgomery County — the antique dealers and specialty retailers along Howard Avenue's Antique Row, the dental and medical practices on Connecticut Avenue, the contractors and service businesses serving the 20895 ZIP. We handle weekly reconciliation, Maryland-ready books, SDAT business personal property, Montgomery County personal property, and the small-shop accounting most national firms can't be bothered with. Verified Intuit QuickBooks ProAdvisor.

★★★★★5.0on Google
Trusted Kensington bookkeeper for small businesses in Montgomery County
Weekly reconciliation — not monthly like most Kensington bookkeeping services
QuickBooks Online certified — setup included
Kensington Weekly Books
Example
Cash on hand$24,840st-ok
Outstanding invoices$6,200st-due
YTD Net Profit$41,320st-ok
Est. tax liability$4,100st-ok
📍 Kensington, MD — local note Maryland has its own personal property tax, sales and use tax, and SDAT annual business filings — all with different deadlines from federal and Montgomery County-specific wrinkles. We track and file every one.
Kensington-specific bookkeeping

What Kensington bookkeeping
actually requires.

The Town of Kensington is small — about one square mile incorporated, with a few thousand residents and a tight cluster of small businesses along Howard Avenue and Connecticut Avenue. Most of our Kensington clients are antique dealers, specialty retailers, dental and medical practices, and residential-service contractors. The Maryland regulatory stack is the same as the rest of Montgomery County, but the businesses are smaller and the bookkeeping work needs to be done at a price that respects that.

Maryland SDAT business personal property
Every Maryland business — including a single-storefront antique shop or solo dental practice — files an annual SDAT Business Personal Property return reporting equipment, computers, furniture, fixtures, and inventory equipment. Deadline is April 15. Filing claims any small business exemption that often zeroes out the tax owed. Failing to file forfeits the exemption and triggers an estimated assessment that's almost always too high. We handle SDAT as part of standard Kensington engagements.
Montgomery County personal property tax
After SDAT processes the state return, Montgomery County issues an annual personal property tax bill on the same assessed value. The County rate is on top of any state-level rate. We track these together and reconcile them against fixed-asset depreciation in QuickBooks.
Maryland sales & use tax for retail
Antique Row dealers and specialty retailers file Maryland sales tax monthly or quarterly with the Comptroller of Maryland. The wrinkle for antique dealers: many also sell online through 1stDibs, Chairish, eBay, or their own Shopify store, which creates economic-nexus tracking obligations in other states. We set up the QuickBooks sales-tax engine to track in-state and out-of-state sales separately and flag when a new-state filing threshold trips.
Maryland income tax withholding (MW506)
Kensington-based businesses with W-2 employees file MW506 (monthly or quarterly) and MW508 annual reconciliation, plus unemployment insurance with the Maryland Division of Unemployment Insurance. Montgomery County collects a local income tax in addition to the state rate. We handle the reciprocity setup if you employ DC or Virginia residents.
Inventory accounting for retailers
Antique dealers and specialty retailers often run informal inventory tracking — a notebook, a spreadsheet, or nothing at all. That works for the day-to-day but breaks when it's time to file a tax return or report COGS accurately. We set up cost-of-goods tracking in QuickBooks (or QuickBooks-integrated inventory tools) at a level that matches how your shop actually runs without forcing you onto enterprise software.
Maryland Pass-Through Entity Tax (PTET)
Maryland's elective PTET allows partnerships and S-corps to pay state tax at the entity level, preserving the federal SALT deduction for partners and shareholders. Worth modeling each year before the deadline. Your CPA decides; we make sure the books support the choice. We are bookkeepers, not tax advisors.
North in MoCo: see Rockville, MD bookkeeping for the I-270 biotech corridor. South: Bethesda, MD bookkeeping covers medical and dental practices around NIH. East: Silver Spring, MD bookkeeping covers Fenton Village restaurants and Colesville healthcare.

Bookkeeping Built for Kensington Small Businesses

Kensington’s Antique Row and the surrounding business district are home to dozens of small businesses that need reliable financial management without the overhead of a full-time bookkeeper. Capital Accounting Group fills that gap with weekly reconciliation, QuickBooks management, and tax-ready financial reporting — all at a flat monthly rate.

We serve businesses throughout the Kensington, Wheaton, and Garrett Park area of Montgomery County. From retail shops on Connecticut Avenue to professional service firms and home-based businesses, we tailor our bookkeeping to fit your operations and your budget.

Maryland businesses face specific state tax requirements that differ from DC and Virginia. Our team stays current on Maryland tax law, Montgomery County business regulations, and quarterly filing deadlines so nothing falls through the cracks.

Your Kensington bookkeeping plan

Everything included — no hidden
add-ons or surprise fees

Every small business bookkeeping client in Kensington, MD gets the complete service.

📒
Weekly reconciliation
Every bank account and credit card reconciled weekly — not at month-end. You always know your real position.
📊
Monthly financials
Clean P&L, balance sheet, and cash flow report delivered every month in plain English.
🎯
Tax-ready year-round
Because your books are clean every week, tax season is never a scramble. No year-end catch-up fees.
🔒
Secure client portal
All documents stored and shared securely. No emailing sensitive files back and forth.
📞
Proactive communication
We flag issues early and keep you informed. You'll never be surprised by your own financials.
Sound familiar?

Why Kensington business owners
finally hire a professional bookkeeper

Behind on your books
Tired of doing your own bookkeeping
Books a mess at tax time
No Idea Where Your Money Went
Spending Weekends On Receipts
QuickBooks A Disaster
Missed Deductions From Bad Records
Can't Get A Business Loan Without Clean Books

If any of these hit home, we should talk. Free 15-minute consultation, no pressure.

Book a free call →
Industries we know cold

Bookkeeping for the businesses
that actually run Kensington.

Kensington is small but distinct. We focus on the three patterns we see most.

🪞
Antique Row & specialty retail
Howard Avenue antique dealers, specialty home stores, vintage clothing shops, and gift retailers. Inventory tracking that respects how the shop actually runs, multi-channel sales (in-store + 1stDibs + Chairish + eBay + Shopify) reconciled cleanly each week, and state-by-state economic-nexus sales tax handling. We set up the QuickBooks sales-tax engine and keep it accurate.
🦷
Neighborhood dental & medical
Solo and small-group dental and medical practices serving the 20895 community and surrounding neighborhoods. Production-by-provider tracking, insurance vs. self-pay revenue separation, lab fee pass-throughs, and patient AR aging. Dentrix, Eaglesoft, athenaOne, Open Dental integrated into QuickBooks Online with weekly reconciliation. Same workmanship as a Bethesda practice, priced for the smaller-volume reality of a Kensington one-doc shop.
🛠️
Residential service businesses
HVAC, plumbing, electrical, painting, landscaping, and home-improvement contractors serving Kensington and the surrounding Chevy Chase / Bethesda residential market. Job costing, contractor 1099 management, payroll for crews of mixed W-2 and 1099 workers, vehicle expense tracking, and the multi-state nuances if you have crews crossing into DC or Virginia for work.
Local expertise

Why Kensington, MD businesses choose
Capital Accounting Group

We're not a national chain. We understand Kensington and Montgomery County and Maryland tax rules, industry mix, and what Kensington and Montgomery County business owners actually need from a small business bookkeeper.

What we know about Kensington, MD bookkeeping
  • Kensington and Montgomery County has over 30,000 registered businesses (Maryland SDAT)
  • Maryland imposes personal property tax on business equipment, fixtures, and inventory
  • Maryland SDAT annual reports are due April 15 and fees apply per entity type
  • Montgomery County requires separate business licensing for many industries (food service, contractors, retail)
Book a free Kensington consultation →
📒
Weekly — not monthly
Most bookkeeping services in the area reconcile once a month. We do it every week — your numbers are never more than 7 days stale.
🛡️
Risk-free guarantee
We get your books in order within 30 days — or your first month is free. We stand behind the work.
Fast onboarding
Most Kensington, MD bookkeeping clients are up and running within 1–2 weeks. No long contracts, no setup headaches.
How it works

From first call to clean books —
in less than two weeks.

1
Free consultation
15 min — we learn your Kensington business, current setup, and what bookkeeping you need most.
2
Secure access
You grant read-only account access. No sensitive data ever emailed back and forth.
3
We get to work
Your first bookkeeping cycle starts within 1–2 weeks. Clean, fast, no drama.
4
Ongoing support
Reports, proactive updates, and real humans who flag problems before they become penalties.
A representative engagement

What a typical Kensington
engagement looks like.

A Howard Avenue antique dealer came to us heading into year five. They had a brick-and-mortar shop, a 1stDibs storefront, a Chairish account, and an occasional eBay store. Inventory was tracked in a notebook. Sales were posted to QuickBooks once a month, manually, from bank statements. Maryland sales tax was being filed but no one was tracking out-of-state sales for economic nexus purposes — they'd just received a letter from a different state asking for back filings.

In about three weeks, we set up state-by-state economic-nexus tracking through the QuickBooks Online sales-tax engine, integrated 1stDibs and Chairish via their connectors, reconciled twelve months of merchant deposits and Stripe payouts, set up a simple inventory tracking method that didn't require enterprise software, and filed the back returns the other state had asked about. We caught a small SDAT exemption that had been missed for two years. We now close the books weekly, file Maryland sales tax monthly, and produce a multi-channel margin report monthly.

That's a representative composite — not a single real client — but it's a pattern we see in Kensington's small-shop retail business.

Frequently asked questions

Kensington, MD bookkeeping
FAQ.

How much does a bookkeeper cost in Kensington, MD?+
For a Kensington small business, ongoing bookkeeping typically runs $350–$1,500 per month. Most one-storefront retailers and solo practitioners fall in the $350–$650 range. Plans start at $350/month for sole proprietors and small LLCs, $650/month for shops needing weekly close and AR/AP, and $1,500/month for the CFO Partner tier. We size the engagement to match the shop, not the other way around.
Can you handle bookkeeping for a Howard Avenue antique shop?+
Yes. Antique Row retailers are one of our three Kensington focus industries. We integrate 1stDibs, Chairish, eBay, and Shopify into QuickBooks Online, set up sales-tax tracking with state-by-state economic nexus, handle inventory accounting at a level that respects how a small shop actually runs, and reconcile multi-channel sales and merchant deposits weekly.
What is SDAT and do I have to file it for my Kensington shop?+
SDAT is Maryland's State Department of Assessments and Taxation. Every Maryland business — including a single-storefront antique shop, solo dental practice, or one-truck contractor — must file an annual Business Personal Property return by April 15. Filing claims the small business exemption that often zeroes out the tax owed. Failing to file forfeits the exemption and triggers an estimated County assessment.
Do I have to collect sales tax in other states if I sell online from Kensington?+
Possibly. If you sell tangible goods to customers in other states above their economic-nexus thresholds (typically $100,000 in sales or 200 transactions per year per state), you may owe sales tax there. 1stDibs, Chairish, eBay, and other marketplaces handle marketplace facilitator collection in many states — but not all, and not for direct-to-consumer Shopify sales. We set up state-by-state tracking and flag when a new filing requirement triggers.
Can you handle bookkeeping for a small Kensington dental or medical practice?+
Yes. We work with solo and small-group practices, integrate Dentrix, Eaglesoft, Open Dental, athenaOne, and Kareo into QuickBooks Online, separate insurance vs. self-pay revenue, track production by provider, and produce monthly production-vs-collections reports. Same workmanship as a larger Bethesda practice, priced for the smaller volume of a Kensington one-doc shop.
Can you handle bookkeeping for an HVAC, plumbing, or contractor business?+
Yes. Residential service businesses are our third Kensington focus area. We handle job costing, contractor 1099 management, payroll for crews of mixed W-2 and 1099 workers, vehicle expense tracking, and multi-state nuances for crews working in DC or Virginia. We coordinate with your CPA at year-end so they can file from clean books.
Do I need a CPA or a bookkeeper for my Kensington small business?+
Most small businesses need both, doing different work. A bookkeeper handles ongoing transaction recording, reconciliation, payroll coordination, and books-ready-for-tax preparation. A CPA handles tax filings, tax planning, and CPA-attested financial statements. We are verified Intuit QuickBooks ProAdvisors and we coordinate with your CPA at year-end so they can file from clean books rather than rebuilding them.
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