I'm Timothy Thackston, owner of Thackston & Associates — a Westminster, MD accounting firm located on Main Street. Our goal has always been to offer personalized tax and accounting without the big-firm price tag.
My parents, Michael and Rosemarie Thackston, founded the firm in September 1986. Over the years the firm has grown steadily, serving individuals and businesses throughout Maryland with timely tax returns, bookkeeping, and business advisory services.
I purchased the firm in 2022, developing it into a full fledged accounting, tax, and consulting firm.
Like Michael and Rosemarie, I proudly serve clients in my local communities throughout Carroll County, Frederick County, Howard County, and beyond.
My passion for accounting is rooted in my passion for helping people succeed. After becoming a Certified Public Accountant (CPA), I knew I wanted to improve my family's a practice that served the community I proudly call home.
I’ve known firsthand the hard work and dedication that local individuals and entrepreneurs give for any type of job they have. It’s my privilege to work alongside them, taking the complexity out of their taxes so they can focus on what they do best.
Affordable tax filing, preparation, and planning for individuals and families.
Tax preparation and more to minimize liabilities and ensure compliance for your business.
Keep your records straight with expert bookkeeping and certified QuickBooks ProAdvisor services.
Work with a strategic local business partner to increase profitability and make more confident business decisions.
Been working with the Thackston family since 2013 and have been extremely satisfied with their services. Michael is a top expert in taxes with a kind and friendly demeanor. He knows the laws and latest software well so you know you are not overpaying taxes and he is also very careful to follow the rules to ensure your filings are 100% legal and beyond reproach. Rosemarie handles our quarterly filings, 1099s & payroll. She is extremely reliable and profession like Michael. Thackston & Associates are the best business accountants I have ever worked with and would recommend anyone engage them.
The folks at Thackston and Assoc. have always taken care of things in a quick and kind manner. I've recommended them to family and friends for years.
Mike and his team have been doing our personal and business taxes for years and we couldn't be happier. We appreciate their diligence and accuracy!
THIS is an honest first class firm that will help you sleep at nights.
The process of accounting involves a series of systematic steps to record, analyze, and report financial transactions. Here is an overview of the accounting process:
Recognize and identify all financial transactions that occur within the business. This includes sales, purchases, expenses.
The general ledger contains all the accounts used by the business and summarizes the financial activity.
Verify that all temporary accounts have been closed and that the post-closing trial balance is in balance.