Walz Group

What Walz Group does

Walz Group is a privately held CPA and business advisory firm founded in 1978 and headquartered in Lititz, Pennsylvania, serving businesses and nonprofit organizations across South-Central Pennsylvania (Lancaster, Lititz, Ephrata, Elizabethtown, Manheim). The firm operates with a 101-250 person headcount led by 7 Principals, 1 Director, 7 Senior Managers, and 3 Managers, and is an Independent Member of BDO Alliance USA.

The firm's core services span four traditional CPA lines—Tax (corporate, partnership, individual, multi-state, international, estate/gift, trust, sales/use), Assurance (audit, review, compilation, employee benefit plan audits, agreed-upon procedures), Business Advisory (succession, M&A, valuations, cash flow analysis, ESOP transitions, benchmarking), and Client Accounting Services / outsourced CFO through the EasyKeep division. Layered on this core are three specialty tax modules—R&D Tax Credit identification and claims (with retroactive capture up to three years), Cost Segregation Studies (engineering-based accelerated depreciation reclassification into 5/7/15-year MACRS classes), and Predominant Use Studies for sales/use tax recovery. Industry specialization is explicit across seven verticals: construction, manufacturing, live events (anchored by an office at the Rock Lititz entertainment campus), not-for-profit, professional services, healthcare, and other. Technology footprint is built on third-party platforms—QuickBooks (three certified ProAdvisors), SafeSend Returns for electronic tax delivery and e-signature, and ShareFile for client portal and secure file transfer—rather than proprietary systems.

Walz Group's business model is engagement-based professional services billing priced per project or per engagement, with no publicly disclosed rate card; EasyKeep and outsourced CFO engagements introduce a managed-services/recurring revenue component. Distribution is sales-led and relationship-driven through direct engagement at Lancaster/Lititz offices, community involvement, industry association memberships (ABC Keystone, CFMA, BIA, Lancaster Chamber, AICPA, PICPA, Upstream Academy), referrals, and content marketing (monthly Industry Insights newsletter, blog, case studies, downloadable templates). No acquisition history, no outside investment, and no revenue disclosure appear in the available data.

Name

Walz Group

Legal name

Walz Group

Website

https://walzgroupcpa.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

101–250 employees

Short description

Walz Group is a privately held CPA and business advisory firm founded in 1978, headquartered in Lititz, Pennsylvania, serving businesses and nonprofits across South-Central Pennsylvania with tax, assurance, advisory, and outsourced accounting services across seven industry verticals.

Ownership category

akta.pro rank

Product category

Accounting & Business Advisory Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Administrative Management and General Management Consulting Services (541611), Other Accounting Services (541219)

akta.pro primary industry

Transaction Tax Structuring & Deal Advisory (BPAHAOAJ)

Keywords

• CPA advisory services
• Tax preparation
• Audit assurance
• Outsourced bookkeeping
• Business valuation

Headquarters

HQ city

Lancaster

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services - Tax: Walz Group generates revenue primarily through professional services billing for tax preparation, planning, and compliance services. This includes corporate tax, partnership tax, individual tax, multi-state tax, international tax, estate and gift tax, trust reporting, and sales/use tax. Services are billed on a project or engagement basis.
2. Professional Services - Assurance/Audit: Revenue from audit, review, compilation, agreed-upon procedures, employee benefit plan audits, and financial statement preparation engagements. Walz Group serves for-profit entities, not-for-profit organizations, and employee benefit plans.
3. Business Advisory Services: Fees for business advisory engagements including business succession planning, M&A advisory, business valuations, estate planning, cash flow analysis, operational reviews, benchmarking, and ESOP consulting. These are typically project-based or retainer engagements.
4. Outsourced Accounting / Bookkeeping: Revenue from outsourced CFO, controllership, and bookkeeping services through the EasyKeep team. Services include temporary CFO support, full back-office services, and recurring bookkeeping (daily, weekly, or monthly engagements).
5. Cost Segregation Studies: Fees for conducting engineering-based cost segregation studies on commercial and residential properties, identifying assets eligible for accelerated depreciation. Typically priced as a project engagement with a complimentary preliminary analysis offered.
6. R&D Tax Credit Services: Revenue from helping businesses identify, document, and file for R&D tax credits at the federal and state levels. Services include eligibility assessment, credit estimation, claims processing, and documentation support.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Walz Group is a CPA and business advisory firm that delivers accounting, auditing, tax preparation, tax planning, and business advisory services to for-profit businesses and nonprofit organizations in South-Central Pennsylvania. Core offerings include Business Advisory (succession planning, M&A, ESOP transitions, valuations, cash flow analysis), Assurance (audits, reviews, compilations, employee benefit plan audits), Tax (corporate, partnership, individual, multi-state, international, estate, trust), and Client Accounting Services (outsourced CFO, controllership, and bookkeeping through the EasyKeep team). Specialty tax services include R&D Tax Credit identification and Cost Segregation Studies for accelerated depreciation.

Product overview

Walz Group is a CPA and business advisory firm offering a unified portfolio of accounting, tax, and consulting services. The core offering centers on Business Advisory Services, Assurance/Audit Services, Tax Services, and Client Accounting Services (outsourced bookkeeping and CFO support). These are supplemented by specialty tax modules including R&D Tax Credit Services, Cost Segregation studies, and Predominant Use Studies. The firm also provides a proprietary digital tool—SafeSend Returns—for secure electronic tax return delivery and e-signing, and an Online Payment System for client invoicing. Services are delivered by a partner-led engagement team with deep industry expertise across live event, construction, manufacturing, healthcare, not-for-profit, and professional services sectors.

Differentiator

Problem solved

Functional benefit

Brands

• EasyKeep: A team within Walz Group providing bookkeeping, payroll support, QuickBooks consulting and other outsourced accounting services.

Products and services

• Business Advisory Services CPA-led advisory services including business succession planning, mergers and acquisitions support, estate planning, business valuations, cash flow analysis, operational and internal control reviews, benchmarking, and ESOP transition services, delivered to business owners and organizations across Walz Group's verticals.
• Assurance Services Full range of audit, review, compilation, and examination services for for-profit and not-for-profit entities, including employee benefit plan audits, agreed-upon procedures, forecasts and projections, and preparation engagements.
• Tax Services Comprehensive business tax services including entity and individual planning, corporate, partnership, and individual tax preparation, multi-state compliance, international tax consultation, sales and use tax, estate and gift tax, and trust reporting.
• Client Accounting Services (EasyKeep) Outsourced accounting support including temporary CFO/controllership services, full back-office administrative duties, and customizable bookkeeping for accounts payable, accounts receivable, cash receipts/disbursements, and reconciliations, delivered through the EasyKeep team.
• R&D Tax Credit Services Federal and state R&D tax credit identification, documentation, and claims processing. Helps businesses capture credits for qualifying research activities under the IRS 4-Part Test, including eligibility assessment, credit estimation, claims processing, documentation support, and amendment of past returns up to 3 years.
• Cost Segregation IRS-recognized engineering-based cost segregation study that identifies building components eligible for accelerated depreciation, reclassifying assets from 39-year to 5, 7, or 15-year MACRS class lives to accelerate depreciation deductions and improve cash flow.
• Predominant Use Studies Sales and use tax recovery analysis identifying erroneously paid taxes on exempt utilities (electricity, natural gas) predominantly used for manufacturing or related activities, with retroactive recovery potential.
• SafeSend Returns Secure, electronic tax return delivery system offering guided on-screen review, IRS-compliant e-signatures on e-file authorization forms, automatic K-1 distribution for businesses, payment reminders, and downloadable tax return copies for up to seven years, accessible across computers, smartphones, and tablets without passwords.

Quantifiable outcome

• Client SP acquired a $3.93M retail plaza and through a Cost Segregation Study generated $308,887 in first-year tax savings.
• +3 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• BDO Alliance USAcoreStrategic or Co-development PartnerWalz Group is an Independent Member of BDO Alliance USA, a national association of independently-owned local and regional accounting, consulting, and service firms. Membership provides access to supplementary professional services, focused industry knowledge, internal training programs, and resources that allow the firm to offer expanded services to clients without sacrificing its autonomy or existing relationships.
• Lancaster Chamber of CommerceminorOthersWalz Group maintains an active membership with the Lancaster Chamber of Commerce, participating in community initiatives and business networking activities that support local business relationships and referral generation.
• Building Industry Association (BIA)minorOthersWalz Group holds a membership with the Building Industry Association, which connects the firm with construction industry clients and provides legislative updates, market trends, and industry information relevant to construction-focused clients.
• Upstream AcademyminorOthersWalz Group participates in Upstream Academy programs, including leadership development for emerging leaders. Lynn A. Mills is an Upstream Academy Emerging Leaders Academy Graduate, and the firm displays the Upstream Academy logo on its About page.
• ABC KeystoneminorOthersWalz Group is a member of ABC Keystone (Associated Builders and Contractors Keystone Chapter). Timothy A. Kershner serves on the Board of Directors, Executive Committee, and as Treasurer of the Keystone Chapter of ABC. Membership provides construction industry connections and legislative updates.
• Construction Financial Management Association (CFMA)minorOthersWalz Group maintains membership in the CFMA, with Matthew T. Bono serving as Board member and Membership Committee Chair of the Central Pennsylvania Chapter. This connects the firm with construction financial professionals.
• American Institute of Certified Public Accountants (AICPA)minorOthersWalz Group and its team members maintain individual memberships in the AICPA, the national professional organization for CPAs. This provides access to standards, guidance, and professional development resources.
• Pennsylvania Institute of Certified Public Accountants (PICPA)minorOthersWalz Group and its team members maintain memberships in the PICPA. Ben Ritenour serves as Committee Co-Chair for the PICPA. The firm also participates in PICPA events such as the Annual Volleyball Tournament.
• SafeSend (by TaxAct)coreTechnology or IntegrationWalz Group offers SafeSend Returns to clients as a secure, electronic tax return delivery system. SafeSend automates assembly, delivery, and e-signing of tax returns. The platform includes SafeSend Organizers and SafeSend Secure File Transfer for encrypted document exchange and client portal capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Bench: Bench is a tech-enabled bookkeeping and accounting platform for small businesses. Overlaps with Walz Group's outsourced accounting/bookkeeping service line and represents an emerging software-driven alternative for the firm's lower-end client base.
• Pilot: Pilot is a tech-enabled accounting, bookkeeping, and CFO services firm primarily serving startups and small businesses. Competes with Walz Group's EasyKeep outsourced bookkeeping and CFO practice in adjacent segments and represents the tech-enabled disruption threat.

Direct peers

• Kreischer Miller: Kreischer Miller is a Pennsylvania-based CPA and advisory firm serving closely-held and mid-market businesses with tax, audit, and advisory services. Comparable regional footprint, similar vertical focus, and similar size band to Walz Group.
• Boyer & Ritter: Boyer & Ritter is a Central Pennsylvania CPA and business advisory firm headquartered in Harrisburg. Overlapping service lines (tax, audit, advisory, healthcare and construction focus) and similar mid-market positioning make it a close regional peer.
• Herbein + Company: Herbein + Company is a regional CPA and business advisory firm based in Berks County, Pennsylvania, serving closely-held businesses and mid-market clients across similar industries (manufacturing, construction, healthcare, nonprofits). Comparable in scale, service mix, and go-to-market approach to Walz Group.
• Maher Duessel: Maher Duessel is a Pittsburgh-based CPA firm specializing in governmental, nonprofit, and commercial audit/advisory services. Comparable in size and in nonprofit/government audit emphasis, though with different geographic anchor.

Broad incumbents

• BDO USA: BDO USA is a Top-5 global accounting network and the parent organization of the BDO Alliance USA program of which Walz Group is a member. Directly comparable on service lines and verticals but operates at far larger scale as a national firm.
• RSM US: RSM US is a Top-5 US accounting and advisory firm serving mid-market businesses with audit, tax, and consulting services. Overlaps with Walz Group's mid-market focus but serves clients nationally with significantly greater scale.
• CliftonLarsonAllen (CLA): CLA is a Top-10 US accounting and advisory firm with deep mid-market focus across construction, manufacturing, healthcare, and nonprofit sectors — all verticals Walz Group serves. Comparable service mix at substantially larger scale.
• Withum: Withum is a US Top-20 CPA and advisory firm serving closely-held businesses, with strong construction, real estate, and professional services practices. Comparable verticals but operates nationally with a much larger headcount.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/walzgroupcpa
• Facebookfacebook.com/WalzGroupCPA
• LinkedInlinkedin.com/company/walzgroupcpa

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 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 Walz Group