Okay, let’s calculate Michelle’s rate. She has a certification from the AICPA, which is a well-respected organization in the accounting industry. Her skills in auditing, financial accounting, and tax are also in demand. Location is Baltimore, MD, which is a major city with a strong economy. According to the Bureau of Labor Statistics, the median annual salary for accountants in the Baltimore area is around $73,000. Considering her certification and skills, I would estimate her hourly rate to be around $125, which is slightly lower than the national average for CPAs in similar roles.