Flaherty Salmin
Flaherty Salmin CPAs is a Rochester, NY-based limited liability partnership founded in 1958 providing tax, accounting, and business consulting to individuals, regional businesses, affordable housing developers, and other CPA firms via AICPA peer review services, delivered through a partner-led professional services model.
- Company typePrivate
- Founded1958
- HeadquartersRochester, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Flaherty Salmin does
Flaherty Salmin CPAs (legal entity: Flaherty Salmin, LLP) is a Rochester, New York-based limited liability partnership founded in 1958 by Tim Flaherty and Brian Salmin. The firm provides tax preparation, accounting, business consulting, and financial planning services to individual clients, regional businesses (partnerships, LLCs/LLPs, corporations), and — distinctively — national affordable housing and community development entities across the project life cycle (development, construction, ownership, management, and exit). It also operates an AICPA-qualified peer review practice serving other accounting firms across the United States for over 25 years, including reviews administered by the National Peer Review Committee (NPRC), functioning as 'the firm other firms hire.' The firm's four service lines (Affordable Housing/Community Development, Peer Review, Business Consulting & Tax Services, and Personal Accounting) are delivered through a traditional partner-led professional services model with significant partner involvement on every engagement; distribution is via direct outreach, referrals, a content-driven website (fs-cpa.com) with frequent IRS/tax-law blog updates, LinkedIn, and YouTube. Revenue is earned through professional service fees, with client billing supported by a ShareFile client portal and an Aiwyn-powered online payment system offering ACH (no fee), credit card (3% surcharge), and 12-month installment plans for invoices of $2,000 or more. The firm carries no proprietary technology platform, holds no patents, has no disclosed external funding, and operates from a single headquarters location at 2300 Buffalo Road, Building 200, Rochester, NY. It is recognized among the top 10 largest CPA firms in the Rochester area, ranked #377 on the 2020 IPA Top 400 Firms list, and has received repeated Forbes, Rochester Business Journal, and Top Workplaces recognition.
Flaherty Salmin firmographics
Firmographics- Name
- Flaherty Salmin
- Legal name
- Flaherty Salmin, LLP
- Website
- https://fs-cpa.com
- Company type
- Private
- Founded year
- 1958
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Flaherty Salmin CPAs is a Rochester, NY-based limited liability partnership founded in 1958 providing tax, accounting, and business consulting to individuals, regional businesses, affordable housing developers, and other CPA firms via AICPA peer review services, delivered through a partner-led professional services model.
- Ownership category
- akta.pro rank
Flaherty Salmin industry classification
Industry- Product category
- Accounting and Tax Services
- NAICS
- Offices of Certified Public Accountants (541211), Portfolio Management and Investment Advice (523940)
- SIC
- Services-Management Services (8741), Investment Advice (6282)
- akta.pro primary industry
- Tax-Focused Wealth Management RIAs (FSAAACAD)
- akta.pro secondary industry
- Financial Planning–Led RIAs (FSAAACAB)
Keywords
Where Flaherty Salmin is headquartered
LocationHeadquarters
- HQ city
- Rochester
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Flaherty Salmin business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Professional Services (Tax, Accounting, Consulting): Flaherty Salmin generates revenue by providing tax preparation, accounting, business consulting, and financial planning services to individuals, partnerships, LLCs/LLPs, corporations, and affordable housing entities. Revenue is earned through professional service fees.
- Peer Review Services: The firm performs peer reviews for other accounting firms, including reviews administered by the National Peer Review Committee of the AICPA (NPRC). This represents a distinct revenue stream from professional services to other CPA firms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | ACH Bank Transfer |
| Other | Pay-as-you-go | Credit Card - One Time Charge |
| Other | Monthly | Payment Plan - 12 Monthly Payments (Aiwyn) |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Flaherty Salmin product offering
Product offeringCore offering
Flaherty Salmin CPAs is a Rochester-based full-service accounting firm providing tax preparation, accounting, business consulting, peer review, and financial planning services. Its practice spans four service lines: Affordable Housing/Community Development advisory across the project life cycle, AICPA-qualified Peer Review engagements for other accounting firms, Business Consulting & Tax Services for partnerships, LLCs/LLPs, and corporations, and Personal Accounting for individual clients.
Product overview
Flaherty Salmin is a full-service CPA firm offering a unified portfolio of accounting, tax, and advisory services. The core service offerings include Affordable Housing/Community Development consulting, Peer Review services for other accounting firms, Business Consulting & Tax Services, and Personal Accounting. The firm also provides an online payment portal through Aiwyn for client invoice management. These services are delivered through a traditional professional services model rather than a technology platform architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Affordable Housing/Community Development Advisory and accounting services covering all stages of the affordable housing and community development life cycle, including development, construction, ownership, management, and exit strategies. Targeted at developers, management companies, investment companies, and construction companies in the affordable housing industry.
Quantifiable outcome
- Net Promoter Score of 88.5% compared to the accounting industry average of 19%
- +2 more outcomes
Companies that use Flaherty Salmin
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Flaherty Salmin technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Flaherty Salmin partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AiwynminorAiwyn provides an online payment portal enabling Flaherty Salmin's clients to pay invoices via ACH bank transfer, credit card, or a 12-month installment payment plan for invoices of $2,000 or more. The relationship is operational, supporting the firm's client payment experience.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Flaherty Salmin competitors and assessment
Company assessmentDirect peers
- The Bonadio Group: The largest Rochester, NY-headquartered full-service CPA and advisory firm, offering tax, audit, advisory, and specialized industry services including affordable housing/LIHTC. Closely comparable in geography, full-service model, and mid-market focus, including the recent absorption of Mengel Metzger Barr in the same Rochester market.
- Insero & Co. Rochester, NY-based full-service accounting and advisory firm providing tax, audit, business consulting, and niche industry services to regional businesses and individuals. Direct competitor in the same Rochester market with overlapping service lines and similar mid-market positioning.
- Davie Kaplan CPA: Rochester, NY–area CPA firm offering business accounting, tax, advisory, and personal financial services to closely held businesses and individuals. Comparable size, regional footprint, and full-service CPA delivery model.
- Mengel, Metzger, Barr & Co. Former Rochester-based CPA firm known for tax, audit, advisory, and niche industry practices, which merged into The Bonadio Group in 2024. Highly comparable mid-market CPA practice in the same Rochester geography as Flaherty Salmin.
- Sax LLP: Mid-market full-service CPA and advisory firm based in the Northeast with tax, audit, accounting, and industry-specialized advisory practices. Comparable in firm size and service breadth to a multi-partner regional CPA practice serving closely held businesses.
- GBQ Partners: Mid-market CPA and advisory firm providing tax, audit, and consulting services to closely held businesses, with industry specializations including affordable housing and not-for-profit. Directly comparable mid-market CPA firm with specialty-tax expertise similar to Flaherty Salmin's affordable housing focus.
Broad incumbents
- Eide Bailly LLP: Top-30 U.S. accounting firm offering tax, audit, advisory, and technology-enabled services across multiple industries. A larger incumbent with overlapping capabilities and similar industry niche practices (including affordable housing/LIHTC), but operating at meaningfully greater scale and geographic breadth.
- Wipfli LLP: Large U.S. accounting and advisory firm serving middle-market businesses with tax, audit, and consulting services. Overlaps with Flaherty Salmin's full-service CPA offerings but at substantially larger scale and broader industry coverage.
- WithumSmith+Brown (Withum): Large national CPA and advisory firm providing tax, audit, and consulting services with deep industry specialization. Comparable in service breadth and niche industry expertise but operating at significantly larger scale than Flaherty Salmin.
Others
- Aiwyn: Payment and client-experience platform used by accounting firms, including Flaherty Salmin, to offer ACH, credit card, and 12-month installment billing to clients. A technology/ecosystem partner enabling the firm's online payment and cash-flow options rather than a direct CPA competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Flaherty Salmin social profiles
Digital presenceFlaherty Salmin compliance and trust
Trust signalCompliance1 record
Flaherty Salmin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flaherty Salmin leadership team
Management profileNumber of profiles
Profiles1 record
Flaherty Salmin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flaherty Salmin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flaherty Salmin
What does Flaherty Salmin do?
Flaherty Salmin CPAs is a Rochester-based full-service accounting firm providing tax preparation, accounting, business consulting, peer review, and financial planning services. Its practice spans four service lines: Affordable Housing/Community Development advisory across the project life cycle, AICPA-qualified Peer Review engagements for other accounting firms, Business Consulting & Tax Services for partnerships, LLCs/LLPs, and corporations, and Personal Accounting for individual clients.
Is Flaherty Salmin a public or private company?
Flaherty Salmin is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Flaherty Salmin founded?
Flaherty Salmin was founded in 1958. It employs 11 to 50 people.
Where is Flaherty Salmin based?
Flaherty Salmin is headquartered in Rochester, United States, in the North America region.
How does Flaherty Salmin make money?
Two revenue lines are on record. Professional Services (Tax, Accounting, Consulting) is the primary driver. The others are peer Review Services.
Who are Flaherty Salmin's main competitors?
Direct peers on record are The Bonadio Group, Insero & Co., Davie Kaplan CPA, Mengel, Metzger, Barr & Co., Sax LLP and GBQ Partners. Broad incumbents are Eide Bailly LLP, Wipfli LLP and WithumSmith+Brown (Withum). Aiwyn is listed as an others.
Does Flaherty Salmin have an API?
No public API is recorded for Flaherty Salmin.
What industry is Flaherty Salmin in?
Flaherty Salmin's product category is Accounting and Tax Services. Its primary akta.pro industry code is FSAAACAD, Tax-Focused Wealth Management RIAs, with a secondary code of FSAAACAB, Financial Planning–Led RIAs. Its NAICS code is 541211 and its SIC code is 8741.