Coastal Accounting offers a professional of expertise not found in your average small tax firm. Our financial services are streamlined to improve your accounting experiance. We are experienced with all the major accounting software programs such as QuickBooks, MYOB, Peachtree, Quicken, Oracle and SAP. We perform vital accounting functions such as accounts payable/receivable, payroll, general ledger accounting, bank reconciliations, financial statement preparation and financial analysis.
Coastal Accounting Services is a full-service firm that caters to small businesses of all sizes. This firm provides all of the accounting tools necessary for our clients to operate at their best. By using their experience in Accounting, Taxes, Accounting Systems, and the Application of Accounting Software and Financing, this firm assures our clients' success.
Our clients get local, personalized and responsive service from a dedicated professional, while benefiting from the expertise and resources of a regional accounting firm.
Our Local Demographics
As of the census[2] of 2000, there were 51,791 people, 21,864 households, and 14,233 families residing in the county. The population density was 33 people per square mile (13/km²). There were 33,945 housing units at an average density of 21 per square mile (8/km²). The racial makeup of the county was 97.61% White, 0.25% Black or African American, 0.37% Native American, 0.38% Asian, 0.03% Pacific Islander, 0.20% from other races, and 1.15% from two or more races. 0.65% of the population were Hispanic or Latino of any race. 24.6% were of English, 16.6% United States or American, 11.9% Irish, 6.6% French and 6.1% German ancestry according to Census 2000. 96.8% spoke English, 1.5% French and 1.0% Spanish as their first language.
There were 21,864 households out of which 28.20% had children under the age of 18 living with them, 53.50% were married couples living together, 8.10% had a female householder with no husband present, and 34.90% were non-families. 27.90% of all households were made up of individuals and 11.60% had someone living alone who was 65 years of age or older. The average household size was 2.31 and the average family size was 2.81.
In the county the population was spread out with 22.30% under the age of 18, 7.40% from 18 to 24, 27.50% from 25 to 44, 26.80% from 45 to 64, and 16.00% who were 65 years of age or older. The median age was 41 years. For every 100 females there were 95.70 males. For every 100 females age 18 and over, there were 92.10 males.
The median income for a household in the county was $35,811, and the median income for a family was $43,216. Males had a median income of $30,461 versus $22,647 for females. The per capita income for the county was $19,809. About 7.00% of families and 10.20% of the population were below the poverty line, including 11.90% of those under age 18 and 9.50% of those age 65 or over.
The 1990 Census counted 46,948, though the 1998 population estimate is 49,932.1 The gender division was 22,996 males, 23,952 females in 1989. Ninety-nine percent of the population was white (46,446), 121 American Indians, 249 Asians, 79 Blacks and 52 "other."
Sixty-six percent of the population of Hancock County are Mainers by birth, 3 percent were born outside the US.
Of the 31,475 persons over 25 years old, 83% (26,214) had a high school degree or higher. Twenty-one percent had a Bachelor’s degree or higher.
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Of employed persons 16 years and over in 1990, 1,108 indicated involvement in the "agriculture, forestry and fisheries" industry, though 1206 indicated "farming, forestry and fishing occupations." The U.S. Census data is not dependable for determining the numbers of individuals involved in the fishing industry. Only firms with 10 or more employees must report their numbers, as well as firms paying workmen’s compensation insurance. Because the majority of fishermen in Maine are considered self-employed, the statistics underreport fishing employment.
Cranberry Isles, Deer Isle, Frenchboro, Gouldsboro, Southwest Harbor, Stonington, Swans Island and Tremont (Bass Harbor) were identified by a key respondent as fisheries dependent. Bar Harbor, Brooklin, Brooksville, Hancock, Lamoine, Mount Desert, Penobscot, Sedgwick, Sorrento and Sullivan were also noted as having either significant fishing activity or a significant number of people who fish. Winter Harbor’s fishing activities were once dwarfed by the economic activity associated with a naval base, but now that the naval base has closed, fishing activity will most likely be the dominant economic activity in the community. Salmon farming is also popular in the area and Maine Salmon are exported from the area. One Salmon smoking operation, Sullivan Harbor Farm, exists in Sullivan.
Hancock County has the longest coastline of any Maine county. Commercial fishing and tourism are the county’s most important industries. Hancock County is home to Acadia National Park (the state’s and New England’s only national park) and Cadillac Mountain (the highest point on the Coast). Jackson Laboratory, noted for cancer research, is located in Bar Harbor. Two marine—related colleges are located in Hancock County– Maine Maritime Academy at Castine and the College of the Atlantic at Bar Harbor.
Cities and towns
[edit] Territories
Coastal Accounting Accounting Services Group offers many services including:
- Income Tax Planning & Preparation
- Small Business Consulting
- Quick Books Setup & Training
- Monthly & Quarterly Financial Statements
- Electronic Filing
- Financial Statements Preparation
- Corporate, Partnership and Individual
- Payroll
- Estate
- Pension Plan Reports
- Maintaining cash disbursement
- General ledger accounting
- Business Consulting, Reviews & Advice
- Client representation at IRS and state tax audits
- Implementation of Accounting Systems
- Client Training
- Establishment of Internal Control Systems
- Development of Financial Strategies
- Financing Assistance for Expanding or Launching New Ventures
- Compilation and Review Services
Call Today For An Appointment: 207-460-9593