George Dimov, CPA

BACKGROUND

Please describe your company and position.

I am the CEO of Direction.com

Describe what your company does in a single sentence.

We provide SEO services for real estate companies and law firms.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire George Dimov, CPA to accomplish?

• Bookkeeping
• Accounting
• Tax Filings

SOLUTION

How did you find George Dimov, CPA?

Online Search

Why did you select George Dimov, CPA over others?

• High ratings
• Pricing fit our budget
• Great culture fit
• Good value for cost
• Company values aligned

How many teammates from George Dimov, CPA were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

My books were a mess, my bookkeeping team was absolutely not on-top of anything. When it came time to file taxes, the accountant I was using was not on-top of anything. I found Dimov after chatting with a few firms, and decided to work with this company for all my bookkeeping, tax, and accounting for my business.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

1. To cleanup my Quickbooks (P&L, Balance Sheet)
2. To organize billing
3. To ensure proper categorization of expenses
4. To file federal, state and local taxes

Describe their project management. Did they deliver items on time? How did they respond to your needs?

• They are extremely responsive
• They think outside the box
• They ask the right questions
• They actually get things done, on time, every month for over 6 months now. 

What was your primary form of communication with George Dimov, CPA?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

It's impressive how easy it is to work with George Dimov, CPA and how supportive and knowledgeable they are. Any questions or concerns I had about taxes or accounting, they had answers to.

Are there any areas for improvement or something George Dimov, CPA could have done differently?

Keep providing outstanding client service and support!

BACKGROUND

Please describe your company and position.

I am the CEO of Blue Collar Scholars

Describe what your company does in a single sentence.

Landscaping, construction, contracting

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire George Dimov, CPA to accomplish?

• Clarity on my finances
• Tax strategy
• Annual filings
• Payroll and department of labor issues
• Personal property tax

SOLUTION

How did you find George Dimov, CPA?

Referral

Why did you select George Dimov, CPA over others?

• Close to my geographic location
• Great culture fit
• Good value for cost
• Referred to me
• Company values aligned

How many teammates from George Dimov, CPA were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

George and his team have been doing my accounting, bookkeeping, strategy, and taxes for 6 years. In that timeframe, my company grew from 15 to over 200 people and with millions in profit. They have proactively identified strategies to save us considerably in tax (over 100k per year). 

I have recommended them to friends of mine in my inner circle that are far more successful and they also have vouched for him. I have mostly been working directly with Xintian on his team but the others have been excellent, as well. They coached me through:  

• biz ownership 
• rental property ownership 
• section 8 ownership 
• creating new companies for my side projects 
• payroll and ITINs for staff members 
• personal property tax 
• business profitability. 

This is night and day from my prior accountant which basically just did the returns. I also need to give myself credit, as well, since I do take them up on mid-year strategy consultations to ensure I am planning ahead of time. They are very big on that & if you follow their timelines, you will get the benefits and clarity. I book my monthly calls with them & they understand my business in detail. Highly recommend! Some key deliverables: 

• they created an accounting system that I use every month to track my performance 
• they stay on top of my filings 
• they have saved me literally hundreds of thousands in tax, maybe even more 
• they have gotten my payroll and labor issues corrected 
• countless other items over the last 6 years

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

We set up:

• SEP IRA 
• defined benefit pension plan 
• cost segregation 
• multi-entity structure 
• monthly CFO process to keep track of profitability 
• cleanup of payroll issues and system to ensure they meet labor requirements for MD state 
• audit support 
• countless other tasks

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Emails get replied to within hours. I have never seen anything like this & wish my own business was as quick to reply! Yes, delivery was on time

What was your primary form of communication with George Dimov, CPA?

• In-Person Meeting
• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

The responsiveness, flexibility, and proactive thinking. They are on top of deliverables before anyone else is even thinking about them.

Are there any areas for improvement or something George Dimov, CPA could have done differently?

Nope.

BACKGROUND

Please describe your company and position.

I am the President of an insurance agency.

Describe what your company does in a single sentence.

Insurance Agency operating in the Health & Medicare Insurance industry.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire George Dimov, CPA to accomplish?

• File Business Taxes
• Audit Payroll Practices
• Review P&L statements

SOLUTION

How did you find George Dimov, CPA?

Online Search
Why did you select George Dimov, CPA over others?

• High ratings
• Good value for cost
• Company values aligned

How many teammates from George Dimov, CPA were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

My Insurance Agency needed to compile and file our business taxes for 2023. Additionally, we needed to do a review of our payroll processes and an audit of our bookkeeping and profit and loss (P&L0 results for the past year.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Our taxes were prepared in a timely fashion. We were able to identify opportunities to increase efficiency with our payroll processes and confirm the accuracy of our bookkeeping.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Parts of the project did take longer than expected, but through no fault of George Dimov, CPA. His whole team was great at communicating any issues that popped up, their needs, and solutions every step of the way.

What was your primary form of communication with George Dimov, CPA?

Email or Messaging App

What did you find most impressive or unique about this company?

We were impressed with their ability to look at our overall financial and tax needs from several different angles and their comprehensive knowledge of how to tackle each situation.

Are there any areas for improvement or something George Dimov, CPA could have done differently?

I cannot think of any circumstance in my company's situation that was not tackled in a clear and satisfactory manner.

BACKGROUND

Please describe your company and your position there.

My role is in financial management and I am responsible for:

• Overseeing financial transactions
• Monthly, quarterly, and yearly financial reporting
• Liaison to CPA

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire George Dimov, CPA?

Business (S-corp) TAX return, Personal TAX return, Book-Keeping, Payroll, Non-for-profit.

What were your goals for this engagement?

We desired a reliable Accounting Firm with which we could entrust our financial needs with. Our main goals for engagement were to have our personal and business TAX returns completed efficiently and effectively.

SOLUTION

How did you select George Dimov, CPA?

We sent out Request for Proposals to multiple Accounting Firms

Describe the engagement in detail.

N/A as this was handled by another party

Describe their billing or cost structure.

We are billed monthly and pay for any additional services that we require as they arise.

What was the team composition?

We work closely with TAX Accountant Baomei Ma who is wonderful to work with. Baomei will call in additional team members for small periods when their skill set is required.

RESULTS & FEEDBACK

Can you share any outcomes from the engagement that demonstrate progress or success?

George Dimov CPA makes financial decision-making easy as they work hard to find the best solution to any problems that arise. They have been consistently present with us and have been quick to resolve problems left by previous accounting firms we had worked with.

We feel very supported in their hands. They went above and beyond our initial goals and expectations. Our finances are stable, flowing, and able to expand.

How effective was the workflow between your team and theirs?

It is very easy to work with George Dimov CPA. Communication flow is healthy, reliable, and solution-orientated. They provide many avenues of communication and are easy to contact and quick to respond. Our communication was consistent weekly/bi-monthly throughout the year.

What did you find most impressive about this company?

The professionalism is outstanding and they always find solutions that benefit our companies growth. They are open-minded, fresh, and enjoyable to work with.

Are there any areas for improvement?

BACKGROUND

Please describe your company and your position there.

Global Garment Engineering LLC is a global company providing services in preproduction apparel design, and production of from 1 to many pieces of costume for film and TV and leading edge fashion. I am President.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire George Dimov, CPA?

In a normal year, not 2020 so much, for tax informaiton, guidance, and filing in an entertainment business. Very pleased that they were helpful in securing PPP loans, and also filing my 2020 taxes following revised guidelines. THank you.

What were your goals for this engagement?

Our main goal to prepare taxes accurately and file in timely manner, with up to date rules.

SOLUTION

How did you select George Dimov, CPA?

I sought a person who was familiar with the entertainment world and the apparel manufacturing. We spoke and I was impressed and he has lived up to intitial expectations and beyond.

Describe the engagement in detail.

I have never met George and his great team in person -- solely online and by phone. And it's been excellent.

Describe their billing or cost structure.

They get pricing to me quickly on services I want. I essentially pay a la carte and within days of paymeny I have the completed documents for review.

What was the team composition?

I email with George DImov on desired services, and he passes along the work to his team, yet stays on the email thread.

RESULTS & FEEDBACK

Can you share any outcomes from the engagement that demonstrate progress or success?

I am hppy. That is success.

How effective was the workflow between your team and theirs?

The team works together seamlessly and unobtrusively, and then communicates directly with me.

What did you find most impressive about this company?

They efficiently and quickly do what they say they're going to do. I also appreciate that they are on top of new rules and email me in advance of my needing to access those rules so that I have a heads up. THey emailed me that they thought I was elegible for PPP loan and I had thought I was not. They have managed to help secure 2 PPP loans. Through their networks.

Are there any areas for improvement?

NO

BACKGROUND

Please describe your company and your position there.

I'm a self-employed freelancer in the marketing field.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire George Dimov, CPA?

I hired them for my ongoing personal & business taxes.

What were your goals for this engagement?

They deliver successful calculation and submission of taxes.

SOLUTION

How did you select this vendor?

I came across their company through online Yelp reviews.

Describe the engagement in detail.

George Dimov and Co. have been completing my taxes for me for almost 5 years - I have been so impressed with their speed and diligence that I now do my taxes quarterly with them!

Describe their billing or cost structure.

I pay a set fee for each quarter which is invoiced to me online.

What was the team composition?

I have worked with two other individuals on the team as well as George and have been more than satisfied with all team members.

RESULTS & FEEDBACK

Can you share any outcomes from the engagement that demonstrate progress or success?

Accurate taxes are extremely important to any business and my finances feel safe with this team. I often get great advice from the team also which is great.

How effective was the workflow between your team and theirs?

Extremely fast and efficient! I can usually get my taxes done within 24 hours.

What did you find most impressive about this company?

The attentiveness & helpfulness of George which has filtered down to the same standard within his team - very knowledgeable and I felt secure with my taxes being in the right hands.

Are there any areas for improvement?

None!

BACKGROUND

Please describe your company and your position there.

I am a Production Designer in the Film and Television Industry and operate as a sole proprietor. Every year I have a pretty heavy mix of both W2 jobs and 1099s, and across multiple states.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire George Dimov, CPA?

My partner and I hired George and his team to file and resolve 6 years of back taxes.

What were your goals for this engagement?

Our goals were to get everything filed as quick as possible and to get back on track for 2020 and beyond.

SOLUTION

How did you select this vendor?

I had reached out to several vendors. My partner had a lot of anxiety about filing and had heard horror stories from other people in the industry, so it was important to find someone that understood and wasn't going to make him feel worse for not filing for 6 years.

Describe the engagement in detail.

We put together a binder of all the tax documents we had for the 6 years. Then I brought them into the office. The guys sent me an expense worksheet that we went through and compiled for each year. From there, we started filing one year at a time. Once the preparers had everything then each year was reviewed and sent over to us to check before filing. The process took under 2 months.

Describe their billing or cost structure.

The fees were very clear and we paid all costs up front and were not charged anything additional.

What was the team composition?

We had a few guys that did the initial prep work and then it went to the next level for review. Everyone was very communicative with us and it was always clear where we were in the process.

RESULTS & FEEDBACK

Can you share any outcomes from the engagement that demonstrate progress or success?

We were able to get all years filed and 3 of the years we were so happy to find out were refunds. The other huge success is the help we had in resolving a cancellation of debt (1099-c) on one of the years. Overall the results were so much better that we had expected!

How effective was the workflow between your team and theirs?

The work flow was awesome. We knew what was happening and it was always clear what they needed. For six years of tax work the process was so clear and efficient.

What did you find most impressive about this company?

I was most impressed with how thorough and efficient the work was done. Entertainment industry work has so many different factors, and they handled it with such ease!

Are there any areas for improvement?

Nope, we will be coming back for all future tax work!

BACKGROUND

Please describe your company and your position there.

Legal

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire George Dimov, CPA?

New business.

What were your goals for this engagement?

Start up taxes

SOLUTION

How did you select this vendor?

Search engine

Describe the engagement in detail.

George and his team have completed work for my startup for several years now - they handle the annual tax returns and financial statement audits. Highly responsive team is like no other accountant or attorney I have used in the past - my emails are addressed literally within hours and they work weekends and evenings. Their flexible approach, reasonable pricing, and fast execution make this team superb. I will continue to recommend.

Describe their billing or cost structure.

Hourly

What was the team composition?

His team is very responsive.

RESULTS & FEEDBACK

Can you share any outcomes from the engagement that demonstrate progress or success?

They handle the annual tax returns and financial statement audits.

How effective was the workflow between your team and theirs?

Highly effective!

What did you find most impressive about this company?

The flexible approach, reasonable pricing, and fast execution.

Are there any areas for improvement?

No improvements necessary for the work they have done for me.

BACKGROUND

Please describe your company and position.

I am the CEO of an automotive company 

Describe what your company does in a single sentence.

Detailing services

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire George Dimov, CPA to accomplish?

• Tax filling

SOLUTION

How did you find George Dimov, CPA?

Referral

Why did you select George Dimov, CPA over others?

• High ratings
• Pricing fit our budget
• Great culture fit
• Good value for cost

How many teammates from George Dimov, CPA were assigned to this project?

1 Employee

Describe the scope of work in detail. Please include a summary of key deliverables.

Tax filling

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Their accuracy in tax filing was impeccable, with every detail meticulously reviewed to ensure compliance with all tax laws. There were zero errors or amendments needed, showcasing their expertise and attention to detail.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

The project management capabilities of George were a key factor in the success of our collaboration. Their approach was both efficient and client-centric, ensuring a smooth process and timely delivery.

What was your primary form of communication with George Dimov, CPA?

• In-Person Meeting
• Virtual Meeting

What did you find most impressive or unique about this company?

I rate their services 5 stars without hesitation. The combination of their tax expertise, efficiency, client service, and the tangible financial benefits they provided, made this an outstanding experience.

Are there any areas for improvement or something George Dimov, CPA could have done differently?

No

BACKGROUND

Please describe your company and position.

I am the president of VLA&DI group IN.

Describe what your company does in a single sentence.

• General constructor
• Metal fabrication

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire George Dimov, CPA to accomplish?

Help me to make service contracts with my new clients

SOLUTION

How did you find George Dimov, CPA?

Referral

Why did you select George Dimov, CPA over others?

Referred to me

Describe the scope of work in detail. Please include a summary of key deliverables.

They helped me to make this deal. They did service contract, figured out my tax situation, and help me to sign this.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Perfect job and high-quality service
Describe their project management. Did they deliver items on time? How did they respond to your needs?

It was excellent! They responded to my question so quickly. Even if I had some questions beyond work time, they still responded to me.

What was your primary form of communication with George Dimov, CPA?

Virtual Meeting

What did you find most impressive or unique about this company?

They can find any solution for your needs.

Are there any areas for improvement or something George Dimov, CPA could have done differently?

No