What Schwartz & Schwartz does

Schwartz & Schwartz, P.C. is a Woburn, Massachusetts-based CPA firm founded in 1993 by brothers Andrew D. Schwartz, C.P.A., and Richard S. Schwartz, C.P.A., specializing exclusively in healthcare professionals and the practices they own. The firm employs more than 30 staff year-round with additional temporary hires during tax season, and serves 300+ healthcare and dental practices alongside 3,000+ individual tax clients annually. Its service portfolio spans tax preparation (individual, corporate, S-Corp, partnership), monthly bookkeeping and accounting bundled with bi-weekly payroll on QuickBooks Online, HR compliance documentation, practice transition due diligence, and wealth management referrals, supported by a TaxCaddy document portal and an Aiwyn-powered online payment portal.

The firm operates a verticalized, niche professional services model rather than a software or platform business. Revenue is generated through professional-service fees and monthly bundled subscriptions, with pricing not publicly disclosed and credit card payments carrying a 3.5% processing fee while ACH transfers are free. Go-to-market combines direct client engagement with sales-led outreach, conference speaking (Yankee Dental Conference, Bentley University, Illumeo), referral partnerships anchored by Andrew Schwartz's affiliated ventures (Optimal Practice Transitions, MDTAXES Network, CPA Niche), and content marketing via blog, email newsletters, and webinars.

In 2025, Schwartz & Schwartz was acquired by Earned, a national platform built for doctors with tax, wealth, and advisory services, marking a transition from founder-owned independent firm to a platform-owned entity within a roll-up strategy targeting healthcare-focused tax and accounting practices. The firm retains its Woburn office, brand, and New England operational footprint under the new parent.

Name

Schwartz & Schwartz

Legal name

Schwartz & Schwartz, P.C.

Website

https://schwartzaccountants.com

Company type

Private

Founded year

1993

Operating status

Acquired

Headcount range

11–50 employees

Short description

Schwartz & Schwartz is a Woburn, MA CPA firm founded in 1993 that provides tax preparation, accounting, payroll, and practice management services exclusively to physicians, dentists, and healthcare practice owners, serving 300+ practices and completing 3,000+ individual returns annually.

Ownership category

akta.pro rank

Product category

Healthcare-Focused Accounting and Tax Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Fairness Opinions & Independent Financial Advice (BPAHAOAF)

akta.pro secondary industries

Professional Practice Brokerage (Medical/Dental/Legal/Accounting) (FSAEAIAI), Corporate Strategy Advisory (BPAHADAA)

Keywords

• Healthcare accounting services
• Tax preparation services
• Practice management accounting
• Payroll processing services
• Healthcare CPA services

Headquarters

HQ city

Woburn

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, Technology or R&D, Infrastructure

Revenue model

1. Tax Preparation Services: Tax return preparation for individuals and businesses (corporate, S-Corp, and partnership returns), with annual recurring engagement driven by tax filing deadlines. Individual tax services for healthcare professionals represent a significant volume (3,000+ returns annually).
2. Accounting and Bookkeeping Services: Monthly bookkeeping and accounting services delivered as bundled service packages for practice owners, including QuickBooks Online maintenance and periodic one-on-one financial review meetings.
3. Payroll Services: Bi-weekly payroll processing for healthcare practices and household employer (nanny) payroll services, typically bundled with bookkeeping packages or offered as standalone recurring service.
4. Practice Management and Advisory Services: Due diligence reports for practice transitions, HR compliance assistance, retirement plan advisory, and financial planning referrals. Human resource document preparation services for practice owners.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Schwartz & Schwartz is a CPA firm that provides tax preparation, accounting, payroll processing, and practice management advisory services. The firm specializes in serving healthcare professionals (physicians, dentists) and their practices, delivering bundled service packages that include QuickBooks Online bookkeeping, bi-weekly payroll, due diligence reports for practice transitions, HR document preparation, and year-round help desk support.

Product overview

Schwartz & Schwartz is a CPA firm offering a comprehensive suite of accounting and tax services primarily serving healthcare professionals and dental/medical practice owners. The firm operates as a services-based practice rather than a software product company. Their core offerings include specialized tax preparation services for healthcare professionals, accounting and bookkeeping services with bundled QuickBooks Online packages, payroll processing, practice transition/due diligence assistance, HR document preparation, and wealth management advisory services. The firm also provides client-facing digital tools including an online payment portal (powered by Aiwyn) and a document management portal (powered by TaxCaddy). Services are delivered through experienced CPAs and Enrolled Agents supported by a dedicated help desk.

Differentiator

Problem solved

Functional benefit

Brands

• Optimal Practice Transitions: A full-service dental practice brokerage founded by Andrew Schwartz.
• CPA Niche
• The MDTAXES Network

Products and services

• Tax Preparation Services for Healthcare Professionals Specialized tax preparation services for individual healthcare professionals including physicians, dentists, and their families. Services include federal and state income tax return preparation, quarterly estimated tax calculations, and IRS representation.
• Household Employer/Nanny Payroll Services Payroll and tax compliance services for household employees including nanny tax calculations, federal and state withholding, Social Security and Medicare taxes, and unemployment tax filings for healthcare professional clients.
• Tax Return Preparation for Practice Owners Corporate, S-Corp, and partnership tax return preparation services for healthcare and dental practice owners.
• Accounting and Bookkeeping Services Comprehensive accounting and bookkeeping services with bundled service packages that include bi-weekly payroll processing and monthly bookkeeping using QuickBooks Online for healthcare and dental practice owners.
• Payroll Services for Practices Bi-weekly payroll processing, 1099 preparation, and bonus calculation services for healthcare practice owners.
• Due Diligence/Practice Transition Assistance Due diligence reports for buying or selling a healthcare practice, including evaluation of business aspects and industry-specific information to assist with purchase decisions.
• Human Resources Assistance HR document preparation including confidentiality agreements, WISP compliance, personalized benefit statements, and employee handbooks compliant with state and federal law.
• Annual Practice Analysis Annual analyses of practice collections, fees, and overhead to help practice owners optimize financial performance.
• College Financial Planning Financial planning services for college costs including 529 plan optimization and education tax credit guidance for healthcare professional clients.
• Wealth Management Wealth management and financial planning services for healthcare professionals, available through affiliated advisors.
• Practice Help Desk Year-round help desk staffed by an accountant, available every business day to address questions between scheduled meetings.
• Online Payment Portal Online payment portal powered by Aiwyn enabling credit card and ACH payments, saved payment methods, and scheduled future payments for invoice settlement.
• Client Portal (TaxCaddy) Document upload and electronic signature portal powered by TaxCaddy, accessible via web browser and mobile applications for client tax document exchange.

Quantifiable outcome

• Serves 300+ healthcare and dental practices year-round
• +1 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

18 partnerships are on record, tiered core and minor.

• MDTAXES NetworkcoreStrategic or Co-development PartnerThe MDTAXES Network is a national association of CPAs that specialize in the healthcare profession, founded by Andrew Schwartz. The network provides a referral ecosystem and collective expertise for serving healthcare professionals across the country.
• Optimal Practice TransitionscoreStrategic or Co-development PartnerA full-service dental practice brokerage founded by Andrew Schwartz. Provides practice valuation and transition services for dentists buying or selling practices, creating cross-referrals with Schwartz & Schwartz accounting clients.
• CPA NicheminorStrategic or Co-development PartnerA marketing and consulting practice for CPA firms also founded by Andrew Schwartz. Helps other CPA firms develop niche marketing strategies in the healthcare accounting space.
• Barton AssociatescoreGTM or Marketing PartnerLeading locum tenens staffing agency with nine offices nationwide. Andrew Schwartz co-hosts Barton Associates' annual tax webinar for locum tenens providers (now in its seventh year). The webinar covers tax deductions, retirement accounts, HSA, and quarterly estimated taxes for 1099 healthcare contractors.
• First National AdvisorscoreGTM or Marketing PartnerFinancial advisory firm that co-hosts a series of free financial planning webinars for Schwartz & Schwartz clients covering investment planning, HSAs, retirement, and estate planning topics. Webinar series offered annually during winter months.
• Fortune Management NortheastcoreGTM or Marketing PartnerExecutive coaching firm specializing in private dental practices. Contributes guest articles on practice management, leadership, delegation, hiring, and scheduling to Schwartz & Schwartz blog. Serves mutual clients seeking practice growth guidance.
• Evox365coreGTM or Marketing PartnerAI technology firm providing workshops and strategy sessions for dental practices on AI receptionist solutions and practice automation. Publishes articles on Schwartz & Schwartz blog about AI adoption for dental offices, including state-funded training workshops through Massachusetts Express Program.
• FOCUS Healthcare (Brokered by eXp Commercial)minorGTM or Marketing PartnerHealthcare-focused real estate brokerage. Contributes articles on dental practice lease negotiations and real estate strategy to Schwartz & Schwartz blog, serving mutual clients evaluating practice space decisions.
• AiwyncoreTechnology or IntegrationOnline payment portal platform powering Schwartz & Schwartz's client invoice payment system. Enables credit card and ACH payments, payment method storage, and multi-account management for clients. Announced as a new service offering on the firm's website.
• TaxCaddycoreTechnology or IntegrationClient document portal and e-signature platform used by Schwartz & Schwartz for tax return document exchange and electronic signatures. Available via web browser and mobile app (iOS/Android). Referred to as 'TaxCaddy Portal' on the firm's website.
• QuickBooks Online (Intuit)coreTechnology or IntegrationQuickBooks Online accounting software is a required component of Schwartz & Schwartz's bundled practice accounting service packages. The firm provides setup and ongoing maintenance services using QuickBooks Online for client practices.
• AR Practice SolutionsminorGTM or Marketing PartnerMedical billing and receivables management firm specializing in behavioral health professionals. Contributes informational content to Schwartz & Schwartz blog serving mutual clients in the behavioral health sector.
• Sheehan PhinneyminorImplementation/ SI/ Consulting PartnerBusiness law firm that contributes legal content on topics relevant to Schwartz & Schwartz clients, including the Corporate Transparency Act (CTA) and BOI reporting obligations, written by the firm's attorneys.
• Commonwealth Corporation (Massachusetts Express Program)minorGTM or Marketing PartnerMassachusetts state workforce development program offering employer training grants (up to $3,000 per employee, capped at $20,000 per year). Schwartz & Schwartz advises clients about the Express Program and refers them to Commonwealth Corporation for eligible training courses.
• Massachusetts Society of CPAs (MSCPA)minorOthersState-level CPA professional association. Schwartz & Schwartz staff participate in MSCPA events, and team member Amanda Welch serves on the MSCPA Women's Leadership Committee and Firm Ambassadors program.
• American Institute of CPAs (AICPA)minorOthersNational professional association for CPAs. Founding partners Andrew and Richard Schwartz are members, maintaining credentialed professional standing.
• Cutler, Schwartz & Schwartz, CPAsminorOthersA separately branded affiliated CPA firm. Displayed as a partner logo on the Schwartz & Schwartz website, indicating a formal affiliation or referral relationship between the two firms.
• Howard, KNS & Associates, CPAsminorOthersA separately branded affiliated CPA firm. Displayed as a partner logo on the Schwartz & Schwartz website, indicating a formal affiliation or referral relationship.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xtwitter.com/mdtaxesnetwork
• Facebookfacebook.com/SchwartzCPAs

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

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 Schwartz & Schwartz