Michael S Febrey, CPA

Michael S Febrey, CPA We run a small, peer-reviewed accounting firm that has served individuals, nonprofits, and small businesses in the D.C. metro area for nearly two decades.

FebreyCPA, is a small peer-reviewed accounting firm run by Michael S Febrey, that has served individuals, nonprofits, and small businesses in the D.C. metro area for the past 20 years. Michael has over 40 years of experience as a Certified Public Accountant and is committed to meeting the individual needs of each of his clients. FebreyCPA offers the following services:
• Tax Services - individual and small business
• Auditing and Accounting Services (Compilation, Review and Audit)
• Management & Business consulting and tax planning
• International Tax issues for US citizens working abroad and foreign companies doing business in the U. S.
• Additional Services
- Bookkeeping outsourced
The firm offers free initial consultation and review services for new clients. Michael Febrey, CPA uses the industry’s best available software and latest technology to ensure accuracy and timely services. He can be reached through his website, email or in person. The firm also offers easy and secure upload/download of documents to save time. The firm is located in Bethesda, thus easily accessible from Maryland, Virginia and DC. For more information visit www.febreycpa.com or contact:-
Michael S Febrey, CPA
4900 Auburn Avenue
Suite 201
Bethesda, MD 20814
Phone : 301-657-1040
Fax : 301-654-8750
Email : [email protected]

Tip : To avoid tax penalty, don’t forget to register timely for Health Insurance. Enrollment for 2016 starts Nov 01, 2015.

You have enough stress in your life. You don’t need more as the year comes to a close.Here are 6 key financial moves to ...
10/09/2026

You have enough stress in your life. You don’t need more as the year comes to a close.

Here are 6 key financial moves to reduce it.
1. Rebalance your portfolio and review asset location.
2. Check your retirement contribution pace.
3. Run a tax projection (when was the last time you did that?).
4. Put cash and debt to work more deliberately.
5. Prepare for employee benefit decisions.
6. Review estate documents before there is an emergency.

Ask yourself: Has anything changed in the markets, my finances or my life that should change what I do next?

Asking that question now, rather than in December, can lead to better decisions and less stress in the year-end.

Be honest. Are you reconciling your business books each month? We know, it's not an exciting task, but it's one you shou...
10/07/2026

Be honest. Are you reconciling your business books each month?

We know, it's not an exciting task, but it's one you should still do. Falling behind can creep up on you.

Here’s a list of accounts you should review on a monthly basis.

Need help? Reach out to us. We're just a phone call away.

Heads up, extension filers: October 15 is closer than it looks.If you filed for a tax extension this spring, October 15,...
10/05/2026

Heads up, extension filers: October 15 is closer than it looks.

If you filed for a tax extension this spring, October 15, 2026 is your real deadline.

It applies to:
• Individual returns (Form 1040), which covers many sole proprietors and business owners who report income on their personal return.
• Calendar-year C corporations (Form 1120)

Miss it, and the failure-to-file penalty kicks in: 5% of unpaid tax for each month you're late, up to 25% total. Wait more than 60 days, and a minimum penalty applies too.

One more thing worth knowing: an extension to file was never an extension to pay. If you owed tax back in April, interest has been quietly adding up since then.

Don't let October 15 sneak up on you.

A Tax Reminder From the Goblin DepartmentGoblins love chaos.Messy desks. Missing receipts. Mysterious spreadsheets. Expe...
10/02/2026

A Tax Reminder From the Goblin Department

Goblins love chaos.

Messy desks. Missing receipts. Mysterious spreadsheets. Expense reports nobody can explain.

But even they don’t mess around with October tax deadlines. 🎃

Before you head off to hoard candy and cause general mischief:
• Check your October filing deadlines.
• Gather any missing documents.
• Make sure extensions are ready to be filed.
• Ask your tax professional if anything is still lurking on your to-do list.

Because nothing ruins a perfectly good month of goblin mischief like a tax penalty.

Stay spooky. File on time.

6 Tax Moves to Consider NowQ3 is a good time to pause and check in on a few aspects of your taxes to make sure you're we...
09/28/2026

6 Tax Moves to Consider Now
Q3 is a good time to pause and check in on a few aspects of your taxes to make sure you're well-positioned when the end of the year rolls around.

If you normally take the standard deduction but you may itemize this year, then make a plan for tracking deductions and consider a "bunching" strategy for charitable donations.

Tax-loss harvesting, increasing contributions to pre-tax accounts, and Roth conversions are other tax strategies to consider for this year.

Everyone's tax situation is different, and it makes sense to consult with a tax professional to come up with a financial plan that works for you. https://www.fidelity.com/learning-center/personal-finance/tax-strategies

With a little planning this summer, you can rest easy knowing that come tax time, you'll be prepared.

Is your business growing to the point that you're losing track of your numbers? You're not alone. Business growth impact...
09/25/2026

Is your business growing to the point that you're losing track of your numbers?

You're not alone. Business growth impacts more than your accounting. That's where a fractional CFO can help.

A fractional CFO can help you:
- Forecast revenue and cash flow
- Improve profitability
- Plan for hiring and growth
- Set realistic budgets and financial goals
- Understand what your numbers are telling you
- Make bigger financial decisions with more confidence

But good financial strategy starts with accurate numbers.

Let’s get your books organized so you can plan your next move.

I want to buy equipment before year-end for the tax deductions. But, should I buy it just to get the deduction or is the...
09/23/2026

I want to buy equipment before year-end for the tax deductions. But, should I buy it just to get the deduction or is there more to consider?

Great question! Before buying equipment just for a tax deduction, focus on investments that can actually improve your business, like:

- Technology upgrades, such as computers, workstations, servers, or automation equipment, that can improve productivity.

- Industry-specific equipment, such as machinery, commercial vehicles, or specialized tools, your business needs to operate or grow.

- Efficiency systems, such as point of sale equipment, barcode scanners, or warehouse technology, that can streamline operations.

Also remember, purchasing equipment by December 31 does not necessarily mean it qualifies for a current year deduction.

Timing and tax treatment depend on the specific asset and applicable tax rules, so check with your us before making a large year end purchase.

We can help you determine the best move. Give us a call.

If you hired contract employees this year, there are important Form W-9 they must complete before year end, including: -...
09/21/2026

If you hired contract employees this year, there are important Form W-9 they must complete before year end, including:
- Legal name or business name
- Federal tax classification
- Address
- Taxpayer Identification Number, such as an SSN or EIN

You’ll also want accurate records of how much you paid each contractor throughout the year so you can determine whether a 1099 is required.

Have questions about getting ready for 1099 season? Let us know. We can help.

If you provide paid family and medical leave to your employees, your business may be eligible for an employer tax credit...
09/18/2026

If you provide paid family and medical leave to your employees, your business may be eligible for an employer tax credit.

Key enhancements: The credit is now permanent.

>> Expanded eligibility: Employers can claim the credit for employees with six months of service and for part-time employees working 20 hours or more per week.

>> Expanded coverage: Employers can claim the credit for insurance premiums paid to provide leave, or wages paid during leave.

>> State and local mandates: Employers can count leave provided under state or local mandates toward the eligibility for this federal tax credit, but not toward the credit calculation.

Find out more on the IRS website, or reach out to us with your questions. https://ow.ly/j5yu50ZN2ef

If you're a realtor, here are five things you should do before year end. What's the one that's causing you the most conc...
09/16/2026

If you're a realtor, here are five things you should do before year end.

What's the one that's causing you the most concern right now?

If you have questions, or would like to schedule a tax-planning review, give me a call.

Address

4900 Auburn Avenue
Bethesda, MD
20814

Opening Hours

Monday 10am - 5:30pm
Tuesday 10am - 5:30pm
Wednesday 10am - 5:30pm
Thursday 10am - 5:30pm
Friday 10am - 5:30pm

Telephone

+13016571040

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