Doherty & Associates
BOOKKEEPING | PAYROLL | TAX | CONSULTING | CFO | VIRTUAL OFFICE
Accounting & Tax Services
Financial Services Firm with Decades of Experience
Doherty & Associates is a Wilmington‑based, award‑winning accounting and financial services firm celebrating over 20 years of expertise. From personalized bookkeeping and virtual CFO solutions to comprehensive tax planning, IRS representation, and business consulting, they support small to mid‑market businesses across industries. With a dedication to one‑to‑one relationships, a fully paperless office, and over 70 years of combined team experience, they bring tailored, efficient financial strategies designed to grow with you.
Financial Controller
We offer full Financial Controller/ CFO services. As your Virtual CFO, we alleviate the need to hire a full time, salaried position inside your company.
Tax
Preparation
We specialize in real-time tax planning and preparation, ensuring the best results for corporate or personal returns.
IRS Representation
We offer complete IRS and State Tax agency representation—personally or on behalf of your business—right from inside your company.
Bookkeeping Services
Our team manages your daily financial records with a streamlined, real-time process for accuracy and efficiency.
Take Control Of Your Finances With Proven CFO & Tax Solutions
More Than 70 Years Combined Experience Providing a Wide Range of Financial Services, From CFO to Tax Related Matters.
Industries We Serve
and many more
Jim has been a pleasure to work with on our personal taxes and filing taxes for our S-Corp. He helped us with tax planning to better our situation when filing our taxes. He is extremely professional and responsive answering all of our questions. I am happy I was referred to him from my fellow colleagues, and I look forward to working again this year.
I've been working with D&A for 10 years, with the past year being under new leadership. Jim McMahon & his team are A+ in terms of understanding the tax code and helping to strategize tax planning considering the complexities of both my personal & business incomes. It's nice to know with a high degree of certainty your taxes are being filed properly & your books are right, what I call great value for the money!
I retained D&A to handle my non-profits financial records and this year I will surely do my taxes with them. They are one of the best firms I have came across, works with me on things I don't quite understand. I don't feel as if my financial needs are being rushed. I trust this firm and I know that my accounts are in great hands. If you are looking for a financial firm, consider D&A!
Outsourced Accounting And Financial Services
The future success of your business depends on keeping costs under control and staying competitive, regardless of whether you’re a first-time entrepreneur in need of small business accounting services, a small or medium-sized (SME) company looking to keep up, or an established business with a long and illustrious performance history. Because of this, a lot of businesses nowadays are searching for any advantage to gain an advantage. For many businesses, this means depending on Doherty & Associates’ proactive, meticulous, and skilled outsourced accounting, tax planning, corporate accounting, and financial reporting services.
We at Doherty & Associates are not your typical small business and outsourced accounting firm. We do more than just accounting and tax preparation. With a wide range of financial services, we highlight these crucial offerings. We provide everything you need for your business to succeed, from corporate accounting and business tax preparation to payroll management, tax filing, financial management, financial controller and CFO services, and full IRS and state agency accounting and tax representation.
Since 2001, we have established ourselves as the go-to source for small businesses in need of an experienced financial services company that adheres to and embraces generally accepted accounting principles (GAAP). To make sure that our clients consistently keep cost control and a competitive edge, we draw on our combined 70 years of experience in financial reporting, finance, business management, and strategic planning.
You can be sure that Doherty & Associates, the 2021 Best Wilmington Award winner for Billing & Bookkeeping Service by Readers of The News Journal, will do everything in their power to make certain that your company is future-proof. What can you anticipate after choosing to work with our seasoned outsourced accounting firm’s proactive, knowledgeable, and perceptive corporate accounting, tax planning, and small business bookkeeping services?
Virtual And Remote Accounting Solutions
Doherty & Associates provides business accounting services and outsourced bookkeeping for small businesses, growing companies, and mid-market organizations nationwide and locally throughout Wilmington, Philadelphia, and the greater Delaware Valley.
As a trusted B2B accounting partner, we support owner-operators, CFO’s and finance leaders in healthcare and medical practices, construction, real estate, professional services, nonprofit organizations. Our services include corporate and individual tax planning and preparation, payroll, monthly close and financial reporting, and outsourced CFO support and advisory.
Whether you’re hiring your first bookkeeper or replacing an in-house accounting department, we deliver financial reporting you and your team can rely on, built to scale as you grow.
Professional Address
A prestigious business address with mail and personal handler services will help your company. We provide a personal handler to handle your on-site personal mailbox, opening emails, mail, and scanned documents before storing them in a cloud-based solution that you can access at any time.
Professional Meeting Space
Nothing compares to our professional and thoroughly maintained conference rooms and office space when it comes to making an impression on that crucial new client. You will be able to project the highest level of professionalism with flat-screen monitors, free refreshments, extremely comfortable seating, and a calm setting.
Business Phone & Private Conference Line
With features like call screening, caller ID, call transferring, unlimited local and long-distance calls, a dial-by-name directory, and the ability to instantly forward incoming calls to your mobile phone, your clients will feel as though they are interacting with highly seasoned companies.
Business Support & IT Services
You’ll feel as though you have a whole team committed to the success of your business, from our Front Desk Concierge Service, where you and your clients are always welcomed with a warm smile, to our proactive and always-responsive IT services. We care about your future, and for small businesses and entrepreneurs who wish to project a high degree of professionalism, our IT and business support services are the ideal fit.
What Are Outsourced Accounting Services?
- Outsourced accounting services involve hiring a third-party firm to handle a business’s accounting tasks instead of managing them in-house.
- These services can include bookkeeping, payroll, financial reporting, tax preparation, and more.
- Businesses often choose outsourcing to reduce costs, access specialized expertise, and improve efficiency.
- It allows companies to focus on core operations while professionals manage their financial records and compliance.
Frequently Asked Questions
Why Choose Doherty & Associates For Your Accounting Needs?
Doherty & Associates is the greatest choice for all of your corporate accounting and small business accounting requirements for a number of reasons. For the past 24 years, we have been offering excellent, premium remote accounting, small business accounting, and tax return management services. We have a track record of success and are renowned for putting the needs of our customers first.
Our clientele spans a wide range of markets and industries. We combine our more than 70 years of experience with industry-specific knowledge to provide outsourced accounting, payroll management, and tax preparation services for state and local governments, manufacturers, distributors, retail, hospitality, real estate, healthcare, and construction companies.
- Professional Outsourced Accounting Experience in a Variety of Industries
- Entire Financial Administration
- Management of Payroll
- Financial Knowledge and Business Insight
- Strategic Planning Done Right
We provide the complete financial management solution your company requires in addition to our outsourced accounting services. Our accounting team’s goal is to assist you in finding the answers to your most important questions regarding the future of your business. We interpret the data so you can make more informed decisions about hiring, capital expenditures, and company investments. Showing you the financials and numbers is never enough. We aim to assist you in comprehending future growth and revenue as well as how to capitalize on your company’s financial situation.
Ultimately, we make sure that each aspect of your financial reporting is compliant. You’ll have a much better understanding of what’s coming in and what’s going out if you look at your cash flow statement, income statement, or balance sheet. We’ll take the uncertainty out of all your decisions, from assisting you in maintaining a healthy cash flow and cash position to assisting you in determining when to grow.
Last but not least, we are more than just a financial services company for tax preparation and accounting outsourcing. We collaborate with each client to help them develop a proactive growth strategy, better manage expenses, enhance their financials, and better understand the future of their business.
Contact us today if your business needs a company that can provide tax preparation and accounting services for small businesses, if you’re interested in our remote accounting solution, or if you need corporate accounting from a highly qualified and involved team.
How Can a Small Business Accountant Can Save You Money?
Most small business owners think hiring an accountant costs money. Actually, the right accountant saves you money in ways you wouldn’t catch on your own.
Consider what happens when you’re managing everything yourself. You miss deductions. You file late and pay penalties. You make payroll errors that trigger audits. Those mistakes add up fast.
A small business accountant in Philadelphia brings specialized knowledge that directly impacts your bottom line. They spot tax credits you didn’t know existed. They structure your business properly from the start, avoiding costly restructuring later.
Remote accounting services have changed the game for small business finances. You’re no longer limited to whoever’s down the street. Whether you need full-scale tax planning bookkeeping in Wilmington, you can access top-tier talent without the overhead of a full-time position.
Here’s what a good small business accountant actually does:
- Find money you’re leaving on the table
- Prevent expensive compliance mistakes
- Give you real-time insights through remote accounting services that make for smarter decisions about hiring, expansion, and capital investments
The math is simple. When a small business accountant in Wilmington saves you from one audit, catches quarterly tax obligations before penalties hit, or identifies deductions worth thousands, they’ve already paid for themselves several times over.
Why Should a Small Business Hire An Accountant?
- Ensures accurate financial records
- Helps with tax compliance and planning
- Identifies cost saving opportunities
- Supports business growth with financial insights
- Reduces stress by managing finances