RCN is proud of its over thirty years of in-depth business experience, leadership, and team building skill sets that are necessary to help our clients achieve success. RCN has a staff of Certified Public Accountants, Financial Planners, and QuickBooks Advisors. RCN makes it our business to know the detailed needs of our clients to improve their business structure, investments needs, tax position and operations.
RCN is committed to the needs of our clientele which locally includes the District of Columbia, Maryland and Virginia.
RCN is committed to the needs of our clientele which locally includes the District of Columbia, Maryland and Virginia.
Services
RCN & Associates, LLC provides a wide range of services to individuals and businesses in a variety of industries. At RCN & Associates, LLC, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities.RCN & Associates, LLC's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues.
We hope that you will take a few minutes to learn about the many services that our company has to offer. RCN & Associates, LLC is a full-service accounting firm serving clients locally and nation-wide, dedicated to providing our clients with professional, personalized services and guidance in a wide range of financial and business needs.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred. The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
Reviews (10)
Lisa Carthee
Jul 07, 2021
I would recommend RCN to anyone. They have prepared our taxes for years. Professional and friendly they stay up on all of the new tax laws. I always leave feeling satisfied and much more knowledgeable than walking in. You will not be disappointed. Lauren is a gem a total asset to this compan. I have encountered several associates here and they are all top notch. 10 plus.
Lael Bellotti
Jun 01, 2020
I found Matt from RCN about 4-5 years ago, he has been fantastic and I have used their services ever since. Matt has really helped me make sure my taxes are in order and really makes the whole process a breeze. I used to have to try to figure out my taxes and it was always such a pain but Matt and RCN Associates make my taxes easy and makes tax season not something I worry about anymore. I highly recommend their services.
Kurt Bierbower
Mar 17, 2020
Matt Costa and the team at RCN are fantastic. They are incredibly knowledgeable in business tax strategies, and also personal tax approaches. Matt and the team make themselves available all of the time, their responsiveness is unparalleled. I've had several accountants, and RCN has been the best by far.
Justin Ossola
Mar 07, 2020
I have been a client of RCN for about 4 years. Not only have they been a trusted advisor in a variety of tax and accounting areas, but they also helped my business secure critical government loans during COVID-19. Matt and his team are professional, responsive, and approach each client with an element of thoughtfulness and attention that you don't see often.
I feel comfortable approaching RCN for just about any accounting related issue that my business may need and I highly recommend Matt as someone that will bring tons of value to your company.
I feel comfortable approaching RCN for just about any accounting related issue that my business may need and I highly recommend Matt as someone that will bring tons of value to your company.
Meira Neggaz
Mar 04, 2020
I highly recommend RCN and Associates. I started working with them a few years ago when my other accountant didn't come through on my taxes. I had to find a new accountant and tax help quickly. RCN and Associates came highly recommended, and with good reason. From the get go, they were incredibly professional, helpful and went beyond what I would have expected in the way of help.
I have been using them ever since to prepare both my business and personal taxes and am constantly impressed by their responsiveness and willingness to answer all of my pesky questions. Again, highly recommended.
I have been using them ever since to prepare both my business and personal taxes and am constantly impressed by their responsiveness and willingness to answer all of my pesky questions. Again, highly recommended.
Douglas Keel
Feb 21, 2020
I own a small business and have worked with Matt's team since 2018. They prepare my company's taxes as well as prepare our financial statements and my family's personal tax return. I would highly recommend Matt's team to any small business owner or individual in need of tax or wealth management assistance. They are professional, easy to work with, and provide us with tax strategies and management that help to make owning a small business easy and painless.
Kristina Newton
Feb 01, 2020
RCN & Associates LLC is an amazing organization! We have had both our personal and small business taxes prepared by both Lauren and Bob for years now, and we have never had any issues at all! In fact, they go out of their way to make sure that we are doing everything right and we get the maximum refund available. They are always available for questions and are quick to respond. I can't recommend them enough. We will continue to use their services for many years to come.
Veronica Falconieri Hays
Jan 31, 2020
Matt Costa / RCN are great to work with. Matt was very helpful and knowledgeable when helping me set up and pay taxes for my single member small business, and figure out downstream effects on my personal taxes. He's super responsive whenever I have a question. I highly recommend Matt / RCN & Associates.
Obtainedpaul
Jan 25, 2020
I very rarely ever post reviews for businesses but the services I was provided by Matt Costa and RCN and Associates certainly warrants it. Three years ago I was turned down by multiple tax accountants as a client as I was deemed high risk because of the investment strategies I use in emerging technologies. This was mainly due to the fact that the tax accountants during this time were not provided with proper regulatory guidance in these types of strategies due to the fact that this was an emerging market.
Then one night, I received a call from Matt, informing me that my information was passed along looking for an accountant who would be willing to assist. Matt jumped on the opportunity and to my surpise he knew exactly what I was doing, the risks associated with it, and most importantly, stayed up to date (day by day) on the ever changing environment that we were dealing with.
I have been using Matt's services for the past 3 years and will never use another tax business in my lifetime. Staying up to date on current events, laws, and regulations is of the utmost importance in today's technological age. Matt went above and beyond in my case and has never let me down or steered me wrong in his tax advice. In short, highly, highly recommended.
Then one night, I received a call from Matt, informing me that my information was passed along looking for an accountant who would be willing to assist. Matt jumped on the opportunity and to my surpise he knew exactly what I was doing, the risks associated with it, and most importantly, stayed up to date (day by day) on the ever changing environment that we were dealing with.
I have been using Matt's services for the past 3 years and will never use another tax business in my lifetime. Staying up to date on current events, laws, and regulations is of the utmost importance in today's technological age. Matt went above and beyond in my case and has never let me down or steered me wrong in his tax advice. In short, highly, highly recommended.
Heather M. Bryant
Dec 09, 2019
I highly recommend RCN & Associates. They have helped me for more than twenty years. They are knowledgeable, professional, responsive and consistently provide excellent tax service. Over the past ten years, I have worked directly with Lauren. She is an essential part to the growth of my small business. I love working with her! Thanks RCN! Heather M. Bryant
