Welcome to Bell & Frech a well established CPA firm in Montgomery County, MD. For many years, we have been providing our clients with a full range of business and personal tax and accounting services, financial planning services, estate planning and much more. We work to develop close working relationships with each of our clients, earning their trust with personal and professional attention to their needs. All of our CPAs and accountants receive 40 hours or more of continuing education per year to ensure you get the benefit of up to date tax, audit and accounting information and cutting edge planning. Located in historic Brookeville, MD, we are proud to provide accounting and tax services as well as serve an active role in the Washington DC metropolitan area communities.
We offer wealth management services through Bell & Frech Financial Services. Our knowledge as both CPAs and financial advisors allows us to provide you with critical tax-optimized investment strategies. In our experience most brokers and investment advisors are precluded from providing tax advice, even to their most important clients. Our all-encompassing approach to wealth management focuses as much on tax planning as it does on providing wealth management strategies. Contact us for more information.
Self Employes Health Insurance Deduction - S Corporation Shareholder
If you are an "S" corporation shareholder, the IRS has supplied a recent update to the requirements for this important deduction. More information can be found here.
Affordable Care Act
Health exchanges opened on October 1 2013, For detailed information, click here
Charitable Donation Valuation Guide
As you clean out your closet or reorganize your household, be sure to keep track of the items you give to charity. It's your job, not the charity's, to report the value of the donation to the Internal Revenue Service. Click here to view estimated value guides.
New Maryland Driving Laws
Effective Oct. 1, it is a primary offense for drivers to use hand-held cellphones while driving, expanding the ban on hand-held cellphones while driving. Police can pull drivers over without needing an unrelated violation in order to make the stop. Fines for first-time violators will increase from $40 to $75. Fines for a second violation will be $125 and $175 for a third or subsequent violation, police said.
Maryland also requires all motor vehicle occupants to wear seat belts and if a person transports more people in a vehicle than they have belts, it is against the law. Fines increase from $25 to $50 per unbelted passenger.
Your child’s college tuition could be one of the largest expenditures you ever make. And, if you have more than one child, the financial commitment is even greater. The financial challenge you face is shared by millions of others. Please review our new Education Center page under the Resources link to get more information.