Fedele and Associates

What Fedele and Associates does

Fedele and Associates is a privately held, founder-owned CPA and tax services firm headquartered in Homewood, Illinois, serving the Chicago metropolitan area. Founded in 1996 by Michael S. Fedele, a CPA since 1988 with prior experience at Ernst & Young and PwC, the firm provides professional services spanning individual and business income tax preparation, IRS debt resolution (including Offer-In-Compromise representation with a claimed 90% success rate), penalty abatement, audit representation, fraud investigation, financial planning, payroll, periodic accounting, and business startup consulting. Services are delivered via direct client engagement through phone, email, in-person consultation at the Homewood office, and the firm's website consultation request workflow.

The firm operates as a traditional professional services practice with no proprietary technology platform, no AI/ML capabilities, no software products, and no API offerings. Revenue is generated on a fee-for-service, quote-based model across multiple service lines including tax preparation, IRS resolution, business consulting, and fraud investigation, with no publicly disclosed pricing tiers. Customer segments are individuals facing tax debt or IRS issues and small-to-mid-sized businesses, supplemented by high-net-worth individuals and business startups as secondary segments. Marketing is executed through a multi-channel approach including the firm website, Facebook, LinkedIn, Twitter, Instagram, YouTube video testimonials, Google reviews, and direct consultation calls to action.

Distribution is entirely direct and regional: a single physical office in Homewood, IL supported by phone and email channels, serving clients exclusively in the U.S. Midwest. The firm is bootstrapped with no external investors, no parent company, no subsidiaries, no disclosed partnerships, no acquisitions, and no funding rounds. The management team consists of the founder only, and the firm's competitive positioning rests heavily on the founder's Big Four pedigree, 40+ years of experience, and documented client outcome stories.

Name

Fedele and Associates

Legal name

Fedele and Associates

Website

https://fedeleandassociates.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Fedele and Associates is a privately held CPA and tax services firm in Homewood, Illinois, founded in 1996 by Michael S. Fedele. It serves individuals and small-to-mid-sized businesses in the Chicago metropolitan area with tax preparation, IRS debt resolution, Offer-In-Compromise representation, business consulting, and fraud investigation services delivered on a fee-for-service basis.

Ownership category

akta.pro rank

Headquarters

HQ city

Homewood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Tax Preparation and Filing Services: Fee-for-service professional services for individual and business income tax preparation, including filing and return services.
2. IRS Tax Debt Resolution: Services related to reducing and eliminating tax debt, including Offer-In-Compromise (OIC) representations, penalty abatement, and IRS issue resolution.
3. Business Consulting and Advisory: Accounting, auditing, business consulting, financial planning, and periodic accounting services for businesses of all sizes.
4. Fraud Investigation Services: Fraud auditing and investigation services for individuals and businesses who have been victims of fraud.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Fedele and Associates is a CPA firm providing tax preparation, IRS tax debt resolution, and business accounting/consulting services to individuals and small-to-mid-sized businesses. Core offerings include individual and business income tax filing, Offer-In-Compromise (OIC) representation, IRS audit/lien/levy negotiation, penalty abatement, fraud investigation, business consulting, payroll, financial statement preparation, and financial planning. The firm is built around the founder's Big Four CPA experience and personal service model.

Product overview

Fedele and Associates is a CPA firm offering a comprehensive suite of tax preparation, accounting, and financial consulting services. The firm's core offerings include income tax filing, tax debt resolution with 90% OIC success rate, IRS audit representation, business startup and consulting services, fraud investigation, and financial planning. The practice serves individuals and public/privately held companies across industries including construction, retail, real estate, media, healthcare, and manufacturing. Services are delivered as integrated consulting engagements rather than modular software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Debt Services Tax debt reduction and elimination services helping clients reduce or eliminate tax debt through strategic planning, negotiation, and IRS representation. Targeted at individuals and businesses with outstanding tax obligations.
• IRS Issue Resolution IRS negotiation and representation services handling tax audits, liens, levies, and other IRS-related matters on behalf of clients. Serves individuals and businesses facing IRS actions.
• Offer-In-Compromise (OIC) IRS Offer-In-Compromise program service that settles tax debt for less than the full amount owed. Firm reports a 90% success rate for OICs, compared to a national average of 33%.
• Income Tax Preparation Tax filing and return preparation services for individuals and businesses, including catch-up filing and resolution of unfiled tax returns.
• Penalty Abatement IRS penalty reduction and elimination services that help clients avoid or reduce accumulated tax penalties.
• Business Services Comprehensive business financial services for small to mid-sized public and privately held companies, including startup assistance, business consulting, periodic accounting, financial statement preparation, and payroll management.
• Audit Services Financial and tax audit preparation and representation services to ensure thorough documentation and compliance for clients facing audit.
• Fraud Investigation
• Financial Planning & Wealth Maximization Personal and business financial planning services focused on wealth maximization, long-term financial security, and tax strategy for high-net-worth individuals.
• Financial Strategy & Tax Advisory
• Business Certifications

Quantifiable outcome

• 90% Offer-In-Compromise success rate vs. 33% national average
• +2 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves2 records

Expansion highlights2 records

Broad incumbents

• TaxAct: Digital tax preparation platform owned by TaxAct Holdings serving individuals, small businesses, and professional preparers. Competes with Fedele on the tax preparation side via lower-cost DIY/self-serve alternatives.
• H&R Block: National tax preparation chain offering individual and small business tax filing with both DIY software and in-person CPA-style services. Comparable as a tax preparation and filing provider for individuals and SMBs, though much larger and more diversified than Fedele's regional practice.
• RSM US: Mid-market professional services firm offering audit, tax, and consulting — direct corporate descendant of McGladrey and a former peer of founder Fedele's Big Four training ground. Comparable as a provider of SMB accounting, audit, and tax advisory services, though at meaningfully larger scale.
• Intuit (TurboTax / ProConnect): Owner of TurboTax Live (DIY with CPA access) and ProConnect (professional tax software for CPAs). Competes with Fedele both for end-clients seeking tax prep and as software infrastructure for CPA practices — a major indirect competitor.
• Jackson Hewitt Tax Service: Large national tax preparation franchise serving individual taxpayers and small businesses through retail locations. Overlaps with Fedele in tax filing and IRS issue resolution, with a broader, franchise-based distribution model.

Direct peers

• Optima Tax Relief: Specialized tax resolution firm offering Offer-In-Compromise, IRS audit representation, lien/levy release, and penalty abatement for individuals and businesses. Most directly comparable peer to Fedele's IRS debt resolution practice, though operating nationally with a larger team and heavier marketing spend.
• Community Tax LLC: Tax resolution and CPA services firm providing Offer-In-Compromise, penalty abatement, lien release, and tax preparation. Comparable specialty positioning in IRS problem resolution with a national footprint.
• Pacific Tax Relief: Tax resolution firm focused on IRS debt settlement, audits, and back-tax issues for individuals and businesses. Comparable specialty practice model with national client acquisition.
• Larson Tax Relief: Tax debt resolution and IRS representation firm focused on individuals and businesses facing back taxes, audits, and collection actions. Directly comparable in service mix and customer profile to Fedele's tax debt practice.
• Anthem Tax Services: Tax resolution and IRS controversy firm offering similar services to Fedele — OIC, installment agreements, wage garnishment release, and tax debt settlement. Comparable niche focus on distressed taxpayer relief.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/fedelecpa
• Facebookfacebook.com/FedeleAndAssociatesInc
• LinkedInlinkedin.com/company/fedeleandassociates
• Instagraminstagram.com/fedele.associates

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 Fedele and Associates