What Patrick J. Murphy does

Patrick J. Murphy, P.C. is a privately held CPA firm headquartered at 6270 Lehman Drive, Suite 100, Colorado Springs, Colorado, founded in 1985 by Patrick J. Murphy. The firm provides accounting, payroll, taxation, retirement planning, and outsourced back-office financial services to small businesses, service-based businesses, professional service providers, and individual taxpayers in the Colorado Springs market. The team comprises four listed professionals: founder-owner Patrick J. Murphy (CPA), Senior Accountant Andrea Caparelli (CPA, formerly audit manager at PwC), Senior Accountant Natalie Mielke (public accounting since 1997, joined the firm in 2007), and Administrative Assistant Laura Lucero.

The firm's central product is BOSS™ (Back Office Support System), a cloud-based outsourced accounting solution built on a third-party technology stack that includes QuickBooks Online and Desktop for accounting, ShareFile for secure document exchange, Bill.com for accounts payable processing, ADP RUN for payroll, Rightworks for hosted access, Zoom for virtual meetings, and CPACharge for client billing. BOSS™ is offered in three subscription tiers (LITE, STANDARD, PREMIUM) that progressively add transaction input, bill payment, tax planning, monthly financial statements, and strategic planning, with guaranteed response times of 48, 24, and 12 hours respectively. The firm supplements BOSS™ with standalone Accounting, Payroll, Tax, Personal Income Tax, Business Management (fractional CFO-level guidance), and Business Foundation Services (entity type analysis, accounting system setup, retirement plan analysis, and credit card rewards optimization).

The business model is predominantly subscription-based recurring revenue through BOSS™ monthly retainers and standalone monthly-fee accounting and payroll services, with transactional professional services revenue from tax preparation, planning, and advisory engagements. The firm is founder-owned with no institutional investors, employs a sales-led, relationship-based go-to-market motion, and acquires customers through content marketing (249+ articles and eBooks), SEO, referrals, and community engagement. Service delivery is direct and regional, focused on the Colorado Springs SMB and individual taxpayer segments rather than on channel or PLG distribution.

Name

Patrick J. Murphy

Legal name

Patrick J. Murphy, P.C.

Website

https://murphycpa.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Short description

Patrick J. Murphy, P.C. is a Colorado Springs-based CPA firm offering cloud-based outsourced accounting, payroll, tax, and advisory services to small businesses and individuals through its tiered BOSS™ subscription platform. Founded in 1985, it operates as a four-person private practice.

Ownership category

akta.pro rank

Product category

Accounting & Tax Services

NAICS

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

SIC

Finance Services (6199), Services-Management Services (8741)

akta.pro primary industry

Outsourced Finance & CFO Services (BPAHABAE)

akta.pro secondary industries

Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ), Expense Management & Reimbursements Administration (BPACAIAH)

Keywords

• Outsourced accounting services
• Tax preparation planning
• Payroll processing services
• Small business advisory
• Bookkeeping services

Headquarters

HQ city

Colorado Springs

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. BOSS™ Monthly Retainer: Fixed monthly fee bundled services covering accounting, payroll, and tax. Three tiers available: LITE, STANDARD, and PREMIUM, each adding progressively more services including transaction input, bill payment, financial statements, and strategic planning.
2. Accounting Services: Back-office accounting work including daily transaction classification, expense tracking, payroll, bill payment and invoicing, business tax planning and preparation, and reporting. Billed at a fixed monthly fee.
3. Payroll Services: Processing scheduled payrolls, employee setup, salary changes, payroll filings, W2 and 1099 processing, and time tracking. Part of BOSS™ bundle or standalone.
4. Tax Preparation and Planning: Tax filing, strategic tax planning, and year-round support. Services include business tax return preparation and individual tax return preparation.
5. Credit Card Rewards Optimization: Advisory service helping businesses select optimal credit cards for their needs, whether travel miles, hotel points, or cash back.
6. Retirement Plan Analysis: Advisory service reviewing and identifying the right retirement plan for businesses and employees.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Patrick J. Murphy, P.C. is a CPA firm providing outsourced accounting, payroll, tax preparation and planning, and business advisory services to small businesses and individuals in the Colorado Springs area. Its flagship offering is BOSS™ (Back Office Support System), a cloud-based bundled service delivered in three monthly subscription tiers (LITE, STANDARD, PREMIUM) that combine bookkeeping, payroll, tax, and strategic planning at fixed monthly fees with guaranteed response times.

Product overview

Patrick J. Murphy, P.C. is a CPA firm offering a portfolio of accounting, tax, and advisory services. The core offering centers on BOSS™ (Back Office Support System), a cloud-based outsourced accounting platform with three service tiers: BOSS™ LITE (client-managed QuickBooks with firm handling reconciliation and payroll), BOSS™ STANDARD (adds tax planning and semi-annual reviews), and BOSS™ PREMIUM (full-service with firm-managed QuickBooks, bill payment, and monthly financials). Supporting services include standalone Accounting, Payroll, Tax, Personal Income Tax, and Business Management Services (CFO-level guidance). The firm also offers Business Foundation Services comprising Entity Type Analysis, Accounting System Setup, Retirement Plan Analysis, and Credit Card Rewards optimization.

Differentiator

Problem solved

Functional benefit

Brands

• BOSS™ (Back Office Support System): A comprehensive cloud-based outsourced accounting solution with tiered service levels (BOSS Lite, BOSS Standard, BOSS Premium) that bundles accounting, payroll, and tax services for a fixed monthly fee.

Products and services

• BOSS™ (Back Office Support System) Comprehensive cloud-based outsourced accounting solution bundling accounting, payroll, and tax services for small businesses at a fixed monthly fee, delivered through three tiers (LITE, STANDARD, PREMIUM) that progressively add transaction input, bill payment, financial statements, and strategic planning with tier-based guaranteed response times of 48, 24, or 12 hours.
• Accounting Services Full-service back-office bookkeeping for small businesses including daily transaction classification, expense tracking, payroll, bill payment and invoicing, business tax planning and preparation, and reporting, billed at a fixed monthly fee.
• Payroll Services Complete payroll processing for small businesses including scheduled payroll runs, employee setup, salary changes, payroll filings, W-2 and 1099 processing, and time tracking, available as part of the BOSS™ bundle or standalone.
• Tax Services Tax preparation and strategic tax planning covering business and personal tax returns with year-round support and seamless digital filing.
• Personal Income Tax Personal income tax preparation and planning for individuals with secure digital document upload, customized support, and year-round strategic tax advice.
• Business Management Services CFO-level financial guidance including budgeting, revenue and expense analysis, payroll analysis, cash flow analysis, KPI tracking, and tax planning delivered to small businesses at a fraction of the cost of a full-time CFO.
• Business Foundation Services Advisory bundle for new and growing business owners that includes entity type analysis, accounting system setup, retirement plan analysis, and credit card rewards optimization.
• Entity Type Analysis Analysis of business entity structure (LLC, S-Corp, C-Corp, partnership) to optimize taxes, liability protection, and operational needs, including state and federal form preparation.
• Accounting System Setup Setup and optimization of accounting systems to support streamlined workflows and provide real-time financial data for informed business decisions.
• Retirement Plan Analysis Review and identification of optimal retirement plans for businesses and employees, including research and comparison of multiple plan options.
• Credit Card Rewards Analysis and selection of optimal business credit cards based on rewards programs including travel miles, hotel points, or cash back.

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• QuickBookscoreTechnology or IntegrationQuickBooks Online and Desktop integration for client accounting. Firm uses QuickBooks as the primary accounting platform for BOSS™ services and is a QuickBooks ProAdvisor partner.
• ShareFilecoreTechnology or IntegrationSecure document exchange platform enabling clients to securely share financial documents with the firm. Part of the client center experience.
• Bill.comcoreTechnology or IntegrationAccounts payable document management and processing platform integrated into BOSS™ service offerings for streamlined vendor payment processing.
• ADP RUNcoreTechnology or IntegrationPayroll processing platform powering the BOSS™ LITE payroll services. RUN powered by ADP provides comprehensive payroll processing, W-2s, and 1099s.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Ignite Spot Accounting Services: Outsourced accounting and bookkeeping firm serving small and mid-sized businesses with subscription-based monthly packages — directly analogous to Patrick J. Murphy's BOSS™ recurring-retainer model.
• 1-800Accountant: National outsourced accounting, bookkeeping, payroll, and tax service targeting small businesses and entrepreneurs on subscription plans — a direct match for Patrick J. Murphy's SMB-focused services.
• FullyAccountable: Outsourced bookkeeping, accounting, and CFO services for e-commerce and SMB clients on monthly retainers — direct subscription-bundling peer to the BOSS™ offering.

Emerging players

• Pilot.com: Tech-enabled outsourced bookkeeping, CFO, and tax services for startups and SMBs using software plus dedicated accountants — competes for the same outsourced SMB accounting wallet.
• Bench (by Blueprint): Subscription outsourced bookkeeping platform combining software with a dedicated bookkeeper team for SMBs — directly competes with BOSS™ LITE/STANDARD/PREMIUM for small business accounting dollars.

Broad incumbents

• Intuit QuickBooks Live: Intuit's own bundled bookkeeping service delivered by QuickBooks-certified accountants using QuickBooks Online — directly overlaps with Murphy's QuickBooks-led BOSS™ stack and is a key incumbent threat.
• H&R Block: National tax preparation and small business tax services brand with retail and digital delivery — overlaps with Murphy's individual and SMB tax preparation/personal income tax offerings.
• CliftonLarsonAllen (CLA): Large US accounting and professional services firm with a dedicated small business advisory practice — provides outsourced accounting, tax, and CFO services to SMBs at greater scale.
• Wipfli: Top-20 US accounting and advisory firm with an outsourced accounting and small business services practice — comparable BOSS-style outsourced model at larger scale across multiple geographies.

Regional players

• Eide Bailly: Top-25 US accounting firm with significant Colorado presence offering tax, audit, and outsourced accounting for SMBs — competes for the same Colorado SMB market from a larger regional platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/patrick-j-murphy-p-c

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Patrick J. Murphy