Tax Masters

What Tax Masters does

Tax-Masters, Inc. is a boutique tax accounting firm founded in 1969 and headquartered at 6159 Executive Boulevard in Rockville, Maryland. The firm provides tax preparation, tax planning, and IRS representation services, with a stated specialty in self-employed individuals and small businesses (S-Corporations, Partnerships, and C-Corporations). Additional service lines include international tax compliance (FBAR and foreign entity reporting), real estate investor taxation, and a dedicated cryptocurrency tax department. The professional team is composed of CPAs, Enrolled Agents, tax representation specialists, and a legal resource, with credentials including former IRS Revenue Agent experience, Big 4 audit background (KPMG, Ernst & Young), and Silicon Valley in-house tax leadership.

The firm operates on a project-based fee structure tied to engagement complexity. Individual 1040 returns are priced at $900-$1,500, while business entity returns (S-Corps, Partnerships, C-Corps) range from $3,750 to $8,000 based on complexity and shareholder count, with a disclosed waitlist for business engagements and explicit exclusion of bookkeeping and payroll from corporate pricing. Approximately 80% of clients fall within the stated fee ranges, with additional fees triggered by investment properties, multi-state filings, K-1 income, and high-volume stock trading. Tax-Masters distributes services through direct office appointments at its Rockville headquarters and virtual/telephonic consultations reaching a national and international clientele, with marketing driven primarily by referrals, an email newsletter, Facebook presence, and Linda de Marlor's ('The Tax Lady') public-speaking circuit.

Revenue is generated entirely through professional service fees, with no disclosed subscription, SaaS, or productized technology revenue streams. The firm deliberately limits new client intake annually to protect service quality, maintains a year-round operating posture rather than a seasonal model, and shows no evidence of external institutional investment, parent-company ownership, or M&A activity.

Name

Tax Masters

Legal name

Tax-Masters, Inc.

Website

https://tax-masters.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1–10 employees

Short description

Tax-Masters, Inc. is a Rockville, Maryland-based boutique tax and accounting firm founded in 1969 that prepares individual and small-business tax returns, provides IRS representation, and offers international and cryptocurrency tax services to a national and international client base.

Ownership category

akta.pro rank

Product category

Tax Preparation and Advisory Services

NAICS

Tax Preparation Services (541213), Offices of Certified Public Accountants (541211)

SIC

Services-Legal Services (8111)

akta.pro industry

PRIMARYBPAHABAD

Payroll & Employment Tax Services

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Accounting, Audit & Tax Services

SECONDARYBPAHAAAG

Tax Law

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Legal Services

Keywords

• Tax preparation services
• Tax accounting firm
• IRS tax representation
• Small business tax services
• International tax compliance

Headquarters

HQ city

Rockville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Tax Preparation and Accounting Services: Professional tax preparation services for individuals and businesses, including 1040 returns, S-Corp, Partnership, and C-Corp filings. Fee structure based on complexity, time, and expertise required.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Tax-Masters, Inc. is a boutique tax accounting firm providing individual and business tax preparation, tax planning, IRS representation, international tax compliance (including FBAR and foreign entity reporting), and specialized cryptocurrency tax services. The firm primarily serves self-employed individuals, small businesses (S-Corps, Partnerships, C-Corps), real estate investors, and Americans living abroad, with fees based on the complexity, time, and expertise required.

Product overview

Tax-Masters, Inc. is a boutique tax accounting firm offering a unified suite of tax preparation and advisory services. The core offerings include individual tax preparation (1040 returns with and without self-employed income), business entity tax services (S-Corps, Partnerships, C-Corps), tax representation, international tax compliance including FBAR and foreign entity reporting, and a dedicated cryptocurrency tax department. The firm also provides downloadable tax organizer worksheets in PDF and Excel formats for clients to prepare their information. Services are priced based on complexity and client needs, with individual returns ranging from $900-$1,500 and business returns from $3,750-$8,000.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Tax Preparation (1040 Returns) Tax preparation services for individual taxpayers covering 1040 returns with and without self-employed income, investment income, itemized deductions, business use of vehicle, and home office deductions. Priced $900-$1,500.
• Business Entity Tax Preparation (S-Corps, Partnerships, C-Corps) Tax preparation and planning for S-Corporations, Partnerships, and C-Corporations, priced at $3,750-$8,000 based on complexity and number of shareholders. Excludes bookkeeping and payroll.
• Tax Representation Services Tax representation services provided by CPAs, Enrolled Agents, and tax representation specialists to handle IRS matters and tax-related issues for clients.
• Tax Planning and Advisory Year-round tax planning and advisory services for self-employed individuals, small businesses, real estate investors, and Americans living abroad, designed to minimize tax liability.
• International Tax Services International tax compliance services for Americans living and working abroad, including foreign bank account reporting (FBAR), foreign entity compliance, and international tax treaty matters.
• Cryptocurrency Tax Services Specialized crypto tax department providing tax preparation and planning for cryptocurrency investors and traders.

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 indicators2 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• CliftonLarsonAllen (CLA): Top 10 US accounting firm with a strong tax practice serving SMBs and individuals. Comparable to Tax Masters in serving similar client segments, though at much larger scale and with broader service offerings including audit and advisory.
• Liberty Tax: Tax preparation franchise offering individual and small business tax services. Similar service offering to Tax Masters but delivered through a franchise retail model at much broader geographic scale.
• Moss Adams: Mid-market professional services firm with tax practice serving SMBs and high-net-worth individuals. Similar target clientele to Tax Masters but at much larger scale, with broader service offerings.
• H&R Block: National tax preparation chain offering similar tax preparation and filing services as Tax Masters, with retail offices and DIY software options. Serves individual and small business taxpayers at much larger scale across the U.S.
• RSM US: Mid-market professional services firm with significant tax practice serving middle-market and SMB clients. Most comparable to Tax Masters in serving SMB and individual tax clients, though at much larger scale and broader service portfolio.
• Jackson Hewitt: Tax preparation franchise with retail locations offering individual and small business tax filing services. Operates at much larger scale than Tax Masters but serves overlapping individual and small business customer segments.
• BDO USA: Major accounting firm with tax practice serving middle-market and SMB clients. Similar client base to Tax Masters but much larger scale and broader service portfolio spanning tax, audit, and consulting.
• Ernst & Young (EY): Big 4 professional services firm with extensive tax practice. Stephen Bradford worked at EY before joining Tax Masters, establishing a talent pipeline and similar professional standards for IRS procedures and corporate/individual tax.
• KPMG US: Big 4 professional services firm with significant tax practice. Tax Masters has hired former KPMG talent (JiaShieu Ouyang was a KPMG auditor for 5 years), suggesting similar professional standards and audit-quality control.

Emerging players

• 1-800Accountant: Virtual tax and accounting services for SMBs and self-employed individuals. Competes for similar clientele to Tax Masters but with a virtual/remote delivery model rather than boutique in-person service, positioning at a lower price point.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Tax Masters