Monocacy Wealth Management
Your financial goals.
Our proven expertise.
It all just adds up.
The full-service CPA firm that’s big enough to matter – yet small enough to care.
Frederick, Maryland Leading Accounting Firm
Imagine having a one-stop accounting shop on your side—a multi award-winning team of financial experts that handles your business and personal finances with the same care and attention they give their own.
Welcome to Faragalla and Associates, the 360-degree accounting firm that gives you the financial clarity you need and the personal attention you deserve.
Why Clients Choose Our Accounting Firm
We Offer Comprehensive Services
Most traditional accounting firms begin and end with basic bookkeeping and tax services. We offer full spectrum service to ensure both businesses and individuals have access to all the financial expertise they need under one roof.
We Make Personal Attention a Priority
We love what we do and pride ourselves on building lasting relationships. We are not a team of overworked, burned-out number crunchers. Our carefully calibrated approach to work-life balance ensures we are at our best—so we can help you be at yours.
We Facilitate Smooth Transitions
Many of our clients come to us during times of transition. Whether you've outgrown your current CPA, are managing an estate, planning for retirement, or exiting a business, our expertise ensures a seamless process.
Business, Personal & Everything in Between
Accounting Solutions for Businesses
From startup to succession planning and everything in between, we’ve got you covered. Our 360-degree approach ensures that whether you’re an individual, small business, or large corporation, you’ll find the financial expertise you need in one place. That means a full suite of business accounting services, including:
Fractional CFO 
Tax Services
International Tax
Accounting
Payroll
Audit & Assurance
Consulting
Business Valuation 
Tax Solutions for Individuals
At Faragalla and Associates, we’re not just another tax preparation service. We’re your year-round partners, offering a level of expertise that traditional accounting firms can’t compete with.
Financial Planning
Financial success demands hard work. But it also requires strategic planning and guidance from experts who understand your financial situation and goals. This is where our sister company Monocacy Wealth Management excels.
Whether you need help updating your tax strategies, rebalancing your portfolio, or anything in between, we’re here with you every step of the way.
Real Reviews, Real Success
Meet Your Financial Partners
We founded Faragalla and Associates in 1991 because we saw a major industry gap—too many accounting firms were leaving clients feeling overwhelmed and underserved.
We made a vow to change this by prioritizing personalized attention and clear communication at every step.
Learn more about our founding principles and the client-focused approach that has made us stand out for over 30 years.
Unique Solutions for Unique Industries
Government Contracting
From budgeting and forecasting to CFO services and data management, we ensure you're audit-ready and positioned for success. Our team offers specialized accounting services designed to meet the unique needs of government contractors.
Healthcare
Let us focus on the numbers so you can do what you do best: deliver exceptional patient care. From revenue cycle management and regulatory compliance to payroll processing and budget analysis, we provide comprehensive financial solutions tailored to the healthcare industry.
Real Estate
Your industry is as fast-paced as it is unpredictable. Let us give you the financial certainty you need to not only survive inflation, low inventory, and rising interest rates but thrive in any market condition.
Technology
Whether you need help with cash flow and equity dilution planning, require budget forecasting, or need data-driven insights to scale your business, we can help. With over 30 years of experience, we know what it takes to meet the tech industry's rapidly evolving needs.
Financial Insights: Our Blog
Transform Your Financial Uncertainty into Opportunity
Living in the financial dark means missed opportunities, unnecessary stress, and an uncertain future. Our team will give you the timely and actionable financial data you need to make informed decisions, drive business and personal growth, and secure your financial future. Contact us now for a free discovery call!
