Profit Solutions

What Profit Solutions does

Profit Solutions (legal entity Profit Solutions Pro Inc.) is a privately held U.S. tax and accounting services firm headquartered in Gainesville, Florida. The company sells an integrated suite of bookkeeping, tax planning, and tax preparation services to two primary customer tiers: small business owners earning $150K-$400K in annual net profit (Tax Essentials) and high earners with $400K+ household income or $1M+ business revenue (Tax Architecture). It also offers standalone Bookkeeping Services, Tax Resolution (IRS/state controversy), and Tax Optimization engagements. The service model is centered on a coordinated bookkeeper-tax planner-tax preparer team that replaces the typical fragmented bookkeeper-plus-CPA arrangement; this is supported by a proprietary Wealth Acceleration Blueprint (WAB) and a Preliminary Tax Optimization Report (PTOR) intake artifact. The firm's technology stack is built on QuickBooks Online for bookkeeping, Plaid as the primary bank-feed aggregator (12,000+ institutions, OAuth-based), Yodlee as backup, and Google Analytics for web telemetry. Compliance posture includes PCI-DSS Level 2, SOC 2 Type II, GDPR, CCPA, and GLBA. The company generates revenue primarily through multi-year recurring subscriptions (24-month for Tax Essentials, 36-month for Tax Architecture) priced at $780-$1,230/month and $24,360-$60,360/year respectively, supplemented by hourly consulting ($150-$500/hour), per-return tax prep ($500-$10,000+), and project-based tax resolution and clean-up work. GTM is sales-led and inside-sales driven via phone (888-450-3451), free 15-minute qualification calls, and free 48-hour return reviews, with content marketing targeting six vertical segments (physicians, attorneys, financial advisors, entrepreneurs, real estate investors, small business owners) and virtual-first delivery across all 50 U.S. states. The firm is independently owned with no disclosed external investors, parent, or M&A activity.

Name

Profit Solutions

Legal name

Profit Solutions Pro Inc.

Website

https://profitsolutions.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

251–500 employees

Short description

Profit Solutions is a privately held U.S. tax and accounting firm that delivers integrated bookkeeping, quarterly tax planning, and annual tax preparation to small business owners ($150K-$400K profit) and high earners ($400K+ income) via a coordinated bookkeeper-planner-preparer team operating virtually across all 50 states.

Ownership category

akta.pro rank

Headquarters

HQ city

Avalon

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Tax Essentials Subscription: Monthly recurring subscription for integrated bookkeeping, quarterly tax planning, and annual preparation. Tiered pricing based on annual net profit: Tier 1 ($150K-$250K) at $780/month, Tier 2 ($250K-$400K) at $1,230/month. Includes QuickBooks Online subscription. 24-month commitment standard ($0 setup) or month-to-month ($3,500 setup fee). Revenue recognized monthly over service term.
2. Tax Architecture Services: Comprehensive tax strategy design and implementation with one-time Tax Architecture Fee (forensic analysis and Blueprint creation, non-refundable upon signing) plus Monthly Architecture Maintenance Fee (36-month minimum commitment). Covers ongoing implementation, quarterly reviews, unlimited consultation. Additional services beyond contracted scope at $300-$500/hour.
3. Tax Resolution Services: Flat fee or structured payment plans for IRS/state tax controversy resolution including offers in compromise, installment agreements, audit representation, and penalty abatement. Based on complexity and tax years involved.
4. Tax Return Preparation: Per-return pricing: Individual returns $500-$5,000+ depending on complexity; Business returns $1,000-$10,000+ depending on entity and complexity; Multi-state returns additional fees; Amended returns minimum $500. Rush fees 50-100% premium for requests within 30 days of deadline.
5. Bookkeeping Services: Monthly recurring fees based on transaction volume with tiered pricing. Base fee covers specified transaction count; overage at $2.00/transaction. Clean-up of prior periods at project-based pricing. Additional services include sales tax filing and payroll processing at separate fees.
6. Hourly Consulting: Consultation at $300-$500/hour depending on complexity; Research and analysis at $250-$400/hour; Administrative work at $150/hour. Billed in 15-minute increments with minimum 1-hour charge per session.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Profit Solutions provides integrated tax preparation, tax planning, and bookkeeping services for U.S. small business owners and high earners, delivered through two subscription tiers (Tax Essentials and Tax Architecture). Services combine monthly bookkeeping, quarterly tax planning, and annual return preparation using QuickBooks Online with automated bank feeds via Plaid and Yodlee, plus standalone Tax Resolution and Tax Optimization services for IRS controversy and advanced tax strategy work.

Product overview

Profit Solutions is a tax services company offering an integrated suite of services across two primary product tiers: Tax Essentials (complete bookkeeping, quarterly planning, and annual tax prep for businesses with $150K-$400K profit) and Tax Architecture (advanced multi-entity strategies for high earners with $400K+ income or $1M+ revenue). Supporting services include Tax Resolution (IRS/state controversy), Tax Optimization (strategy development with PTOR and Wealth Acceleration Blueprints), and standalone Bookkeeping Services. The service model uses a leverage approach: expert bookkeepers handle monthly bookkeeping under CPA oversight for Tax Essentials, while Tax Architecture involves 6-12 hours of CPA strategy design with monthly implementation and quarterly oversight. Integration across bookkeeper, planner, and preparer is the core value proposition, delivered through QuickBooks Online with automated bank feeds via Plaid and Yodlee.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Essentials Integrated monthly bookkeeping, quarterly tax planning, and annual tax return preparation service for small businesses earning $150K-$400K annual net profit. Includes QuickBooks Online subscription, coordinated bookkeeper/planner/preparer team, and tiered pricing ($780-$1,230/month) with 24-month minimum commitment.
• Tax Architecture Comprehensive tax strategy, design, and implementation service for high earners with $400K+ household income or $1M+ business revenue. Includes entity optimization, defined benefit plans, cost segregation studies, multi-entity structures, custom Wealth Acceleration Blueprint, and quarterly reviews under a 36-month minimum commitment at $24,360-$60,360/year.
• Tax Resolution Services IRS and state tax controversy resolution services including audit representation, offers in compromise, installment agreement negotiation, penalty abatement, and collection defense. Requires Power of Attorney (Form 2848); flat fee or structured payment plans based on complexity and tax years.
• Tax Optimization Services Tax planning and strategy implementation services including Preliminary Tax Optimization Reports (PTOR), Wealth Acceleration Blueprints (WAB), entity structure analysis, retirement plan design, deduction maximization, and quarterly planning sessions for clients needing targeted strategy work.
• Bookkeeping Services Standalone monthly transaction recording, categorization, bank reconciliation, accounts payable/receivable tracking, financial statement preparation (Balance Sheet, P&L, Cash Flow), QuickBooks setup and maintenance, and chart of accounts design. Tiered monthly pricing based on transaction volume with overage at $2.00/transaction.

Quantifiable outcome

• Small business owners (Tax Essentials) save $15K-$32K annually; net after fee: $5K-$17K in pocket
• +3 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• QuickBooks Online (Intuit)coreTechnology or IntegrationQuickBooks Online is the primary bookkeeping platform for Tax Essentials and Bookkeeping Services. Profit Solutions manages client QuickBooks accounts with administrative access. Integrates via Intuit Data Feeds for bank transaction aggregation. Monthly QBO subscription included in service fees (Simple Start $38/month, Essentials $75/month, higher-tier plans available for upgrade).
• PlaidcoreTechnology or IntegrationPrimary bank feed aggregation service for automated, read-only access to client financial accounts. OAuth-based token authentication supporting 12,000+ financial institutions. Provides real-time transaction data flow into QuickBooks Online without storing banking credentials.
• JAMS (Judicial Arbitration and Mediation Services)minorOthersArbitration administrator for dispute resolution under Terms of Service. All disputes subject to binding JAMS arbitration per Section 13. Single neutral arbitrator with 10+ years attorney experience required. Located in Gainesville, Florida.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• EisnerAmper: Full-service accounting and advisory firm with a substantial private client services practice serving HNW individuals, families, and businesses. Similar client profile and tax planning specialization.
• 1-800Accountant: Virtual-first accounting and tax services firm targeting small businesses and entrepreneurs with subscription-based packages. Closest comparable in delivery model, target market, and integrated bookkeeping-tax offering.
• Andersen (formerly Andersen Tax): National tax and advisory firm serving HNW individuals, closely held businesses, and professional service firms. Comparable HNW client focus and integrated tax strategy depth.
• Withum: Top-30 accounting and advisory firm with a significant private client and HNW practice offering integrated tax planning, advisory, and assurance. Overlapping service mix and client base.
• Marcum LLP: Major accounting firm with a large private client services group serving HNW individuals, family offices, and closely held businesses. Comparable size, HNW focus, and integrated service delivery.

Broad incumbents

• KPMG Private Enterprise / Personal Services: Big Four firm with private enterprise and private client practices serving HNW individuals and high-growth businesses. Overlaps with Profit Solutions on integrated HNW tax planning, though as part of a much broader portfolio.
• PwC Private Company Services / Personal Financial Services: Big Four firm serving HNW individuals and private companies with tax, advisory, and wealth planning services. Comparable HNW client segment, though delivered as part of a global full-service practice.
• EY Private Client Services: Big Four firm's private client services for HNW individuals and privately held businesses. Overlaps on integrated tax planning and advisory for high-income professionals.
• H&R Block: Largest retail tax preparation provider in the US, serving individuals and small businesses online and through offices. While much more mass-market, it competes for the small business owner segment Profit Solutions targets with Tax Essentials.
• Jackson Hewitt: National tax preparation company serving individual taxpayers and small businesses. Competes in the small business and individual tax preparation space that overlaps with Profit Solutions' Tax Essentials tier.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ProfitSolPro
• Facebookfacebook.com/profitsolutionspro
• LinkedInlinkedin.com/company/profit-solutions-pro

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Profit Solutions