Where Business Meets Community

 Non-Profit Organization

Member Spotlight

Meet Priscilla Myerson, Myerson & Myerson CPAs


Business Profile

HGBA member since 2013


     
 
 
Website:
 
www.mandmcpas.com



703-743-1040



Company Background

Business owner- when and why did you decide to start your own company? Myerson & Myerson, CPA’s (M&M) began as a part-time enterprise. Both Ed, my husband, and I had full-time jobs. In the mid-1980s, I commuted to D.C. with several senior executive service IRS employees. They were in the IRS’s computer operations and asked if I would do their taxes. Over the next few years, Ed & I grew the part-time practice. Fast forward a few years, I decided to begin operating our business full time. We were successful and eventually opened an office in Arlington.

Employees – how long have you been at your current job, why did you choose your firm? 

How does your business serve the Haymarket-Gainesville community? We assist small to mid-sized businesses to get to where they want to be. While we do tax returns and financial statements, we also work to help our clients understand what the numbers are telling them and how to improve their results. We help individuals who have not filed tax returns for numerous years, and those whose returns have been successfully challenged by taxing authorities.

How have you been involved with HGBA?I have been with HGBA since 2013

Business Experiences

Please share one of the greatest moments you’ve experienced in your business. We have been able, on a number of occasions, to assist taxpayers who are struggling financially and who owe the IRS and/or Virginia a lot of money; to work out an agreement with which they can live with. In the best case, the IRS moves the liability to uncollectable status and while the liability doesn’t go away, the IRS ceases collection efforts and only communicates with the taxpayer once a year to determine if their financial situation has changed.

What are some hobbies you enjoy? Both Ed and I like to cook and experiment with new recipes. We enjoy visiting ethnic restaurants. We both love opera and very much enjoy the Met in HD.

What are the top business tips & tricks can you offer other business owners & professionals?

  • Pay your bills from the correct accounts. Keep separate business and personal credit cards and bank accounts. Remember your business isn’t you, it is a separate entity.
  • Don’t wait until year end to put your books together. Record business income and expenses when they happen. If it isn’t recorded, you can’t deduct it or manage it.
  • File your taxes timely, even if you can’t pay. You can always work out a payment plan, but you don’t need to add additional penalties and interest.

Working with HGBA

For you, What is the primary benefit of being an HGBA member? We have acquired several clients through HGBA. The organization is a very relaxed and collegial environment in which to meet and talk with other business persons in the Haymarket Gainesville area. It is an opportunity to get to know people, and to put a face, personality and business name on the business services offered.

Just for Fun

Are you from this area? If not, what brought you here and what do you like about our town? I am originally from the Fairfax/ Chantilly area but absolutely love the Haymarket/Gainesville feel. The community is very diverse and welcoming.

What is your favorite season in this area, and why? Spring is spectacular. The flowering trees make it a joy to be outside.


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