Bakewell & Mulhare

What Bakewell & Mulhare does

Bakewell & Mulhare, LLC is a full-service Certified Public Accounting firm founded in 2010 and headquartered in New Milford, Connecticut, serving individuals and small-to-mid-sized businesses across Litchfield County, CT. The firm is owned and operated by its two founding partners, Cheryl A. Bakewell, CPA and Scott E. Mulhare, CPA, supported by a five-person staff. Scott Mulhare joined the firm at inception from KPMG LLP, bringing Big 4 tax experience across individual, partnership, corporate, trust, estate, and non-profit taxation.

The firm's service portfolio spans tax planning and preparation (for individuals, corporations, partnerships, trusts, estates, and not-for-profits), financial planning, financial statement preparation with forecasts and projections, estate and retirement planning, IRS and state audit representation, payroll services, sales tax services, business consulting (including entity selection and business valuations), and accounting software selection and implementation. The firm is a Certified QuickBooks Pro Advisor and supports clients with QuickBooks setup, training, and reporting. Underlying technology consists of standard computerized tax preparation and research software alongside QuickBooks; the firm also operates a Client Center portal and a library of interactive financial calculators covering auto, business, debt, insurance, investment, loan, mortgage, retirement, savings, and tax planning topics.

The business model is professional services-based: fees are quote-based and not publicly disclosed, varying by service complexity. The go-to-market motion is local and sales-led, relying on direct client relationships, client referrals, the firm website, Google My Business, and Facebook. Distribution is entirely direct from the single New Milford office — no channel partners, resellers, or digital distribution channels are in use. There is no disclosed institutional investment, parent company, or M&A activity; the firm has remained independent since founding.

Name

Bakewell & Mulhare

Legal name

Bakewell & Mulhare, LLC

Website

https://bakewellmulhare.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Bakewell & Mulhare is a full-service CPA firm founded in 2010 and based in New Milford, Connecticut, serving individuals and small-to-mid-sized businesses across Litchfield County with tax preparation, financial planning, estate planning, bookkeeping, payroll, and QuickBooks advisory services.

Ownership category

akta.pro rank

Headquarters

HQ city

New Milford

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, Others

Revenue model

1. Professional Accounting Services: Full range of accounting services including financial statement preparation, bookkeeping, and accounting system setup for new businesses. Services provided on a professional services basis.
2. Tax Preparation & Planning Services: Tax preparation for individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations. Tax planning services to minimize current and future tax liabilities.
3. Financial Planning Services: Financial planning services including cash flow analysis, budgeting, and retirement planning. Business succession planning and entity selection consulting.
4. Estate Planning Services: Estate planning and administration services facilitating orderly transfer of assets, providing security for surviving spouses, and reducing estate tax liability.
5. Payroll Services: Complete payroll services ensuring compliance with state and federal laws, including payroll reporting.
6. Accounting Software Consulting: Accounting software selection, implementation, and QuickBooks support services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Bakewell & Mulhare, LLC is a full-service Certified Public Accounting firm based in New Milford, Connecticut, serving Litchfield County, CT since 2010. The firm provides tax planning and preparation, financial planning, financial statements/forecasts/projections, estate and retirement planning, payroll services, accounting software consulting (including Certified QuickBooks Pro Advisor services), IRS and state audit representation, sales tax services, and business consulting to individuals and small-to-mid-sized businesses.

Product overview

Bakewell & Mulhare is a full-service Certified Public Accounting firm serving Litchfield County, CT since 2010. The firm offers a comprehensive suite of accounting and financial services built around core offerings: Tax Planning & Preparation, Financial Planning Services, Financial Statements/Forecasts/Projections, Estate & Retirement Planning, and Accounting Software Planning. The portfolio includes ancillary services such as IRS Audit Representation, Sales Tax Services, Payroll Services, and Business Consulting. The firm also provides clients with a Client Center portal and an extensive library of Financial Calculators (covering auto, business, debt, insurance, investments, loans, mortgages, retirement, savings, and tax tools) to help clients make informed financial decisions. The firm specializes in QuickBooks as a Certified QuickBooks Pro Advisor.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Planning & Preparation

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Scale indicators2 records

Recent moves4 records

Emerging players

• Botkeeper: AI/Ml-powered bookkeeping and accounting automation platform serving CPA firms and small businesses. Represents the automation trajectory that threatens Bakewell & Mulhare's traditional bookkeeping service line and signals how technology may reshape local CPA economics.

Broad incumbents

• H&R Block: Mass-market tax preparation and accounting services franchise serving individuals and small businesses nationally. Overlaps directly with Bakewell & Mulhare's tax preparation and planning services at a much larger scale and price point.
• BDO USA: Top-tier U.S. accounting and advisory firm serving small to mid-sized businesses with tax, audit, and consulting services. Overlaps with Bakewell & Mulhare's core tax and business consulting offerings at a larger scale and with broader geographic reach.
• CliftonLarsonAllen (CLA): Top-10 U.S. accounting firm offering tax, advisory, accounting, and wealth management to small and mid-sized businesses. A larger, multi-region peer with an overlapping service mix that competes for the same SMB client segment in broader geographies.
• Jackson Hewitt: Large U.S. tax preparation franchise focused on individual and small business tax filing. Directly competes with Bakewell & Mulhare's tax preparation services through retail locations and digital channels, at a lower price point.
• KPMG Spark: Big 4 (KPMG) affiliate providing bookkeeping, accounting, and tax services to small businesses. Directly comparable to Bakewell & Mulhare's SMB bookkeeping and tax services, and notable because co-founder Scott Mulhare's career began at KPMG LLP.

Direct peers

• Xendoo: Online bookkeeping and accounting firm serving small businesses with monthly bookkeeping, financial statements, and tax support. Comparable service mix and SMB target customer to Bakewell & Mulhare, but delivered virtually at a national scale.
• Pilot: Outsourced bookkeeping, accounting, and CFO services for startups and small businesses. Comparable service stack (bookkeeping, financial statements, tax coordination) targeting SMBs that Bakewell & Mulhare also serves, but with a tech-enabled, scalable delivery model.
• 1-800Accountant: Virtual-first U.S. accounting and tax firm serving small businesses and individuals with a full-service model (bookkeeping, tax, payroll, advisory). Closely comparable to Bakewell & Mulhare in service breadth and SMB/individual customer profile, though it operates nationally rather than locally.
• Bench (by buk): Tech-enabled bookkeeping and accounting service for small businesses, with tax support provided by licensed CPAs. Directly comparable to the firm's bookkeeping, financial statements, and tax offerings for small business clients, with a much larger digital footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php?id=100028262156723
• LinkedInlinkedin.com/company/bakewell-mulhare-llc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Bakewell & Mulhare