Our Firm

Sidney BurnsSidney J. Burns, CPA, has been a Certified Public Accountant since 1973. He has been preparing income tax returns since 1963.  In 1964 he earned a Bachelor of Science from the University of Maryland in College Park.  Additionally he has taken graduate level courses from George Washington University and American University.

Prior to starting the firm, Sid worked as an accountant and management consultant in private industry and public accounting.

Since 1973, Sid has been providing accounting and business consulting services to businesses and individuals in the Greater Washington Metropolitan area. Sid is a past president of the Association of Practicing Certified Pubic Accountants (APCPA), and currently serves on the organization’s advisory board. His areas of expertise include individual and business taxation, litigation support and financial services. Sid frequently lectures to other accountants on taxation, firm management and information technology.

Sid has served as a member of the United States Chamber of Commerce Small Business Taxation Committee and an adviser to President George Bush’s small business campaign committee. Sid was also a nominee for Lt. Governor of the state of Maryland in the 2002 primary election. He is a past president of the Amity Club of Washington.

Social Security Tax increase set for 2012

2012 Social Security Wage Base: The social security wage base will increase from $106,800 in 2011 to $110,100 in 2012. As in prior years, there is no limit to the wages subject to the Medicare tax, so all covered wages are subject to the 1.45% tax. The FICA tax rate, which is the combined social …

Read more

Summer Day Camp Expenses May Qualify for a Tax Credit

Summer Day Camp Expenses May Qualify for a Tax Credit Along with the lazy, hazy days of summer come some extra expenses, including summer day camp. But, the IRS has some good news for parents: those added expenses may help you qualify for a tax credit. Many parents who work or are looking for work …

Read more