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Accurate Accounting.  It's Not Optional... It's ESSENTIAL!

Accounting Services

Essential Accounting of Salisbury MD provides a wide range of accounting and financial services for individuals, families and businesses of all sizes. Whether you’re in need of a one-time service or prefer an on-going multi-services approach, Bob Lockwood guarantees that you’ll receive unparalleled attention to your needs and high-quality professional service.

Personal Finance

essential_accounting_estate_planningPersonal Income Tax Preparation

Let Essential Accounting help you maximize your refund or reduce your tax liability as much as legally possible. We stay abreast of every new tax law and work hard to help you retain as much of your earnings as possible.

Personal Financial Planning

When it’s time to work on long range plans for saving for your child’s college education or for buying a new home or saving for retirement, Essential Accounting can help you navigate financial challenges during any life changes to make sure you’re always on target for a bright future.

Estate Planning and Trust Management

Essential Accounting can work with you and your attorney on ensuring that your financial legacy is strong. We keep up with all the latest regulations and tax codes to make sure that your family receives as much of the benefits of your lifetime of careful planning as possible.

Business Finance

Business Tax Returns and Filing

Let Essential Accounting handle the tax preparation and filing needs for your business, whether you’re a sole proprietorship, an LLC, a corporation or a partnership. Spend your time running your business while we make sure your financial affairs are accurate and filed on time according to all requirements.

Business Finances Essential AccountingPayroll and Bookkeeping

Essential Accounting saves you time and money by helping you with payroll and other bookkeeping functions. We can even integrate these seamlessly with other available financial services such as monthly, quarterly and annual reporting, income and expense tracking, and billing.

Business Planning and Consulting

Every business must plan carefully for growth. We can help you plan financially to take your business to the next desired level. Through our planning and consulting services, we can create a financial strategy to get your business where you want it to be.

Start-Ups, Mergers and Acquisitions

With over 25 years of experience in this area, we work closely with you and your legal team to make sure that you and your business’ financial interests are protected during any expansion, merger or acquisition.

Financial Analysis

Essential Accounting can provide financial analysis to prepare you for public offerings, venture investments, loans or to help you map your business’ finances and make decisions about its future.

QuickBooks and Quicken Set-up and Management

PrintIf your business uses QuickBooks or you personally use Quicken to manage its accounting and bookkeeping, we are certified QuickBooks ProAdvisors who can help make sure your system is set up optimally for your business. We can also help set up new accounts and migrate your existing data into the QuickBooks or Quicken system.