The Thomas Firm

Name

The Thomas Firm

Legal name

The Thomas Firm Inc

Website

https://thethomasfirminc.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

The Thomas Firm Inc is a Greenbelt, Maryland-based accounting and tax services practice founded in 1998, serving individuals, small businesses, non-profits, and government contractors across Maryland, Washington DC, and Northern Virginia with tax, bookkeeping, virtual CFO, IRS resolution, and DCAA/government contracting services.

Ownership category

akta.pro rank

Product category

Professional Tax and Accounting Services

NAICS

Offices of Certified Public Accountants (541211), Other Accounting Services (541219), Offices of Lawyers (541110)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Business Valuation & Litigation Support (BPAHABAK)

akta.pro secondary industries

Trust & Estate Tax Planning & Compliance (FSAEAKAE), Litigation & Dispute Valuation (damages, shareholder disputes) (FSAEAHAI)

Keywords

• Tax preparation services
• Accounting and bookkeeping
• Government contract accounting
• IRS tax resolution
• Virtual CFO services

Headquarters

HQ city

Greenbelt

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Professional Tax Services: Tax preparation and planning services for individuals, businesses, and non-profits, including personal tax returns, business tax returns, partnership and corporate returns, gift and estate tax returns.
2. Accounting and Bookkeeping Services: Monthly bookkeeping, financial statement preparation, accounts payable/receivable, payroll services, bank reconciliations for businesses.
3. CFO Services: Virtual CFO services providing monthly and as-needed financial statements and analysis for businesses seeking growth acceleration.
4. Government Contracting Services: DCAA compliance reviews, financial audits, government contract bid assistance, SBA 8(a) certification, and GSA schedule services.
5. IRS Problem Resolution: Resolution of IRS tax problems including wage garnishment, bank levies, liens, offers-in-compromise, and innocent spouse relief.
6. Business Valuation Services: Business valuations for buyouts, financing, litigation, divorce, estate planning, and various certification purposes.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

The Thomas Firm Inc provides tax preparation and planning, accounting and bookkeeping, IRS tax problem resolution, business valuations, virtual CFO services, DCAA and financial audit support, and government contracting assistance (SBA 8(a), GSA schedule, bid support) for individuals, small businesses, non-profits, and government contractors across the Mid-Atlantic region. The firm combines tax, legal, and mediation expertise under a single practice, offering year-round tax planning rather than compliance-only filing. Services are delivered directly by firm principals and professional staff, with no third-party resellers or intermediaries.

Product overview

The Thomas Firm Inc is a financial services firm offering a comprehensive suite of accounting, tax, and business consulting services. The firm operates as a single-service practice rather than a platform-plus-modules architecture. Core services include Accounting & Bookkeeping (outsourced back-office support), Tax Preparation & Planning (individual, business, and non-profit tax filing), IRS Tax Problems (tax dispute resolution), QuickBooks Services (setup, training, and support), Business Valuations (for various legal and financial purposes), DCAA and Financial Audits (government contractor compliance), and Government Contract Bids/SBA/GSA Services (certification and bidding assistance). The firm primarily serves small businesses, government contractors, and individuals in Maryland, Washington DC, and Northern Virginia.

Differentiator

Problem solved

Functional benefit

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• CountingWorks PROcoreTechnology or IntegrationCountingWorks PRO is the technology platform that enables the firm to provide services in a secure environment. The platform hosts client software, document management, and communication features including eSign, file sharing, and appointment setting.
• QuickBookscoreTechnology or IntegrationThe firm provides QuickBooks setup, training, support, and troubleshooting services. They use QuickBooks to help clients with invoicing, receipt scanning, sales tracking, expense organization, payroll, and financial reporting.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• H&R Block: National tax preparation franchise competing for individual and small-business tax clients—directly overlapping The Thomas Firm's tax preparation service, but with a vastly larger retail footprint and brand.
• Marcum LLP: Top-15 U.S. accounting firm offering tax, audit, advisory, and CFO services—comparable service mix to The Thomas Firm's bookkeeping/CFO and tax offerings, but at much larger scale and with broader geographic reach.
• BDO USA: Top-5 global accounting network with a U.S. practice covering tax, audit, business valuations, and government services—comparable across multiple service lines that The Thomas Firm offers, at enterprise scale.

Direct peers

• Calibre CPA Group: DC-area CPA firm specializing in government contractor accounting, DCAA compliance, and SBA services—closely mirroring The Thomas Firm's government contracting niche in the same Mid-Atlantic geography.
• CohnReznick LLP: National accounting and advisory firm with a strong government contractor practice and business valuation services, comparable on DCAA/SBA advisory and litigation-support valuations.
• Cherry Bekaert LLP: Top-30 U.S. accounting firm with a dedicated government contractor practice (DCAA, SBA, GSA) and tax resolution capabilities, overlapping The Thomas Firm's government contracting and tax service lines at larger scale.
• Larson Tax Relief: National firm focused on IRS problem resolution (levies, garnishments, liens, offers-in-compromise)—a direct overlap with The Thomas Firm's IRS Tax Problems service line, though at much larger scale.

Regional players

• Keiter: Virginia-based CPA and advisory firm serving privately held businesses with tax, audit, and CFO advisory—comparable service mix in a neighboring state to The Thomas Firm's Mid-Atlantic footprint.
• Councilor, Buchanan & Mitchell (CB&M): Long-established Maryland-based CPA firm offering tax, audit, and business advisory services to businesses and individuals in the Mid-Atlantic—comparable regional competitor with similar SMB/individual client mix.
• Argy, Wiltse & Robinson, P.C. DC-area CPA firm providing tax, audit, and advisory to government contractors, nonprofits, and small businesses—overlapping The Thomas Firm's client segments and government contracting expertise in the same geography.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Thomas Firm