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Lipsey & Associates Lipsey & Associates
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Expert guidance for a brighter financial future
At Lipsey and Associates, our purpose is to bring financial transparency, reduce stress, and serve as trusted mentors for our clients. For those seeking tax assistance, our focus is on minimizing liabilities while ensuring full compliance and peace of mind. Business clients benefit from our efforts to clarify financial operations and enhance capacity, allowing them to concentrate on achieving growth and success. Advisory clients gain valuable insights into their financial health, and many of our clients utilize multiple services across our firm.

We have cultivated a practice that excels with high net worth individuals for taxation matters, medium-sized businesses that are too complex to manage internally but too small for dedicated staff, and emerging or expanding firms seeking guidance. Our clients frequently highlight the exceptional service and attentiveness they receive, even when complex situations demand additional time to ensure precision. Our vision is to maintain a dedicated team delivering superior service that elevates clients’ lives. By emphasizing attentive support and reducing clients’ burdens rather than increasing fees, we aim to enhance both workplace satisfaction and client wellbeing while minimizing environmental impact. Integrity, accuracy, and exemplary customer service remain at the core of our operations, supporting a diverse and inclusive culture that fosters professional growth and strengthens connections with the communities we serve.
Services
Business Taxation Individual Taxation Bookkeeping Services Tax Planning Payroll Processing Audit Protection Financial Reporting Tax Advisory Quarterly Accounting Annual Tax Filings
Highlights and features
  • Certified professionals with expertise in business and individual taxation
  • Accuracy Protection Guarantee covers tax return errors at no additional cost
  • Includes Federal and State Audit Protection with every tax return
  • Customized digital solutions using QuickBooks Online and ADP integration
  • Year-round tax planning and advisory services beyond seasonal compliance
Associations and certifications
  • QuickBooks ProAdvisor
Website
Services
Bookkeeping
Our firm provides comprehensive bookkeeping solutions designed to simplify the financial management of your business. We handle transaction classification, expense tracking, payroll, invoicing, bill payments, and business tax preparation, ensuring you maintain complete visibility of your finances. By offering fixed monthly fees, we deliver predictable cost savings while freeing valuable time. Our services also include bank reconciliations, customized financial statements, and optional quarterly or annual accounting reviews. Clients can select from tiered plans tailored to their transaction volume and business needs, guaranteeing efficient, accurate, and timely financial management.
Business Tax Filing
At Lipsey and Associates, we prioritize precise and professional tax preparation for businesses of all structures, from single-shareholder S-Corps to partnerships. Our approach ensures accurate filings while strategically minimizing tax liability. Clients benefit from a fully digital process, including QuickBooks Online integration, personalized deductions assessment, and ongoing year-round support. We provide two service tiers, offering everything from essential filing and review to comprehensive advisory services designed to optimize financial management and compliance.
Individual Tax Services
Our Individual Tax Services simplify the complexities of tax preparation, allowing you to relax while we handle every detail. We provide a fully digital and secure process from document upload to final filing. Each client receives personalized guidance to optimize refunds and minimize liabilities. Our team offers year-round support and a range of service tiers tailored to meet individual needs.
Business Advisory
Our Business Advisory services provide small business owners with expert guidance on maximizing growth while controlling costs. By integrating tax preparation with ongoing strategic advice, we create solutions that generate measurable returns. From budgeting and financial statement analysis to advanced tax planning, we focus on strategies that increase profitability and efficiency. Our approach prioritizes client success, ensuring each recommendation benefits both the business and its owners. With proven results, these advisory services often pay for themselves within a short timeframe.
Individual Tax Planning
Our Individual Tax Planning services are designed to provide comprehensive guidance tailored to your evolving financial situation. We offer flexible planning options, including annual meetings after October 15th and ad-hoc consultations throughout the year to address unexpected tax events. Senior Tax Managers review charitable contributions, retirement savings, required distributions, withholding adjustments, and more to optimize your tax outcomes. These sessions ensure you make informed decisions while maximizing potential savings. Scheduling early is recommended due to limited availability during the holiday season.
Questions
What accounting systems do you use?
We primarily use CCH Axcess, QuickBooks Online, QuickBooks Desktop, ADP, and ShareFile for comprehensive accounting and tax solutions.
How much does monthly accounting cost?
Pricing varies based on accounting activity complexity. Includes financial statements, reconciliations, tax filings, and audit representation at fixed monthly rates.
Do you handle multi-state tax returns?
Yes, we prepare tax returns for all 50 states, including Virginia, Maryland, and Washington DC business and individual filings.
What is included in bookkeeping services?
Services include transaction entry, bank reconciliations, financial statements, payroll processing, and sales tax filings across four tiered pricing levels.
What audit protection do you offer?
Every tax return includes $1M audit defense coverage through Tax Protection Plus, covering professional representation during IRS or state audits.
Can you help with prior year tax issues?
Yes, we review prior year returns for accuracy and offer discounted corrections for errors found during our initial engagement.
Reviews (17)
Edward Fishman
Oct 03, 2025 Report
First time using Lipsey and associates for my
2017 returns
Previous accountant had for many years retired
Lipsey and associates made it seamless
Available to answer questions and take care of all the issues in a timely manner
Highly recommended
Shoshana Levenson
May 30, 2025 Report
Lipsey & Associates has been extremely helpful with all of my tax needs! Jeff and his team are knowledgeable and responsive, and I would recommend them to anyone looking for tax expertise.
Matt Bohn
Oct 06, 2024 Report
Lipsey and Associates has been an integral part of our business for more than 8 years. Their entire team is personable and knowledgeable. They are a true partner that I trust with my finances.
Jozef Valko
Feb 24, 2024 Report
Highly recommend Lipsey and Associates. Jeff and his team are very knowledgeable, ready to answer all your questions in timely manners. They doing my books for 2 companies and personal tax filings for the past 7 years and I'm very happy with them.
Curt Anderson
Feb 14, 2024 Report
Great service organization! Very responsive AND they are efficient with what they do. They saved me hundreds of dollars on taxes and are very detailed. Full confidence here with them on all that use the for to include business accounting, personal taxes, etc.
John Massey
Nov 02, 2023 Report
They helped me immensely with my questions and tax issues. I HIGHLY recommend this place. Theyre ethical, professional, and provide amazing services. They did a great job at making me feel welcome, like I wasnt even a stranger.
Patrick Lorenz
Oct 12, 2023 Report
Highest quality with exquisite attention to detail. Knowledgeable, professional, courteous, prompt. I have worked with accountants for a half century, non better than Lipsey and associates.
Bobby Burgess
Aug 11, 2023 Report
Lipsey and Associates has been an incredible asset to my financial strategy. The team's in-depth knowledge, combined with their personalized, attentive approach, has been instrumental in optimizing my financial performance. Their commitment to accuracy, transparency, and customer satisfaction is unmatched. Not only have they made accounting tasks manageable, but they've also ensured seamless data management through their use of modern accounting technologies.

In short, Lipsey and Associates deliver outstanding, customized accounting services that simplify financial management. Their expertise, professionalism, and innovation are truly commendable. I confidently recommend their services to anyone seeking trustworthy, effective accounting assistance.

Rating: (5/5)
James Enos
Aug 04, 2023 Report
I had a great experience with Lipsey and Associates this year. They have been doing my business taxes (LLC, file as a C corp) and personal taxes since 2018. This year I had a particularly complicated personal tax situation with donating/recycling a house as part of a home reconstruction. They did an outstanding job with it and did it without extensions!
Martha Denckla
Aug 02, 2023 Report
Friendly and helpful with technology for this client of the same firm for over 4 decades but who in the new era has had more challenges with the paperless procedures. I still love you, Maggie Slatcher!
Bm Hb X.
Jul 21, 2023 Report
I was confused. I wanted a personal tax filing for my fianc and I. And it sounded like it would be a whole process. I had to be approved and talk to the CEO. What in the world? made no sense. Because i clearly see reviews of people having their personal taxes done. I couldnt even get an appt done.
Rachel Hearton
Feb 17, 2023 Report
Everything you'd want in an accounting firm. Dependability, consistency and quality. Talk about Woah! Jeff is a quality guy who genuinely cares for his employees and clients. You'll be in good hands with his friendly and also professional staff. I initially hired them on for personal tax work, and now they work with my company on bookkeeping, filing, logistics and more. Great people providing great work every time!
Francis A. Handler
Mar 09, 2022 Report
Highly competent, very friendly, I feel like they have my best interests in mind, and they have solved several problems I have had with business tax issues even successfully fending off an unwarranted state audit. Recommend them highly to anyone needing their services.
James Green
Feb 11, 2022 Report
Jeff and company never disappoint. They have been there for me at every turn. Always available to counsel and answer my questions
Covered In Pet Hair
Dec 09, 2021 Report
Jeff was an integral part of our business' team for many years. He is knowledgeable and professional. His team is very responsive and we trust them to provide quality work and excellent guidance when needed.
Jacqueline Keenan
Jul 27, 2021 Report
Lipsey and Associates really care about their clients and doing a good job. They were able to help with things I had no idea about, and they have done my taxes making things easy for me. I highly recommend them for their skill and care that they take with the work they do.
Alex Shafran
Feb 23, 2020 Report
Jeff helped me with specific issues on my personal tax return this year. He is one of the most professional, prompt, and thorough tax accountants that I have worked with. I'd recommend him for all personal tax work!