iLead Tax

What iLead Tax does

iLead Tax LLC is a New York-headquartered, privately held tax and accounting services firm operating across the United States and India. Founded by Nanda Kumar K V, an Enrolled Agent and former Indian Chartered Accountant with more than 20 years of cross-border tax experience, the firm delivers tax preparation, monthly bookkeeping, payroll processing, and business consulting primarily through a remote/virtual delivery model. The firm also operates an adjacent training brand, iLead Tax Academy, focused on preparing individuals for the IRS Enrolled Agent credential, and an iPlan Tax Program for structured tax planning engagements.

The service mix is anchored in US individual and business tax returns (Forms 1040, 1120, 1120-S, 1041, 990), FBAR/FATCA and ITIN compliance for cross-border taxpayers, payroll tax filings, and outsourced bookkeeping using third-party platforms such as QuickBooks, CountingWorks PRO, Box.com, and HelloSign. Customer segments span small businesses (LLC, LLP, S-Corp, C-Corp), individual taxpayers, and the Indian diaspora in the US with dual-jurisdiction tax needs. No proprietary technology platform is disclosed; the firm relies on CountingWorks PRO for client engagement infrastructure, indicating minimal product R&D spend.

The firm has no institutional funding, no parent company operating control (only CountingWorks as technology vendor), and a founder-led ownership structure. Revenue is generated on a quote-based, pay-as-you-go professional services model with free initial consultations and referral-driven acquisition. Operating geographies include New York, California, and Delaware in the US, and Maharashtra and Telangana in India.

Name

iLead Tax

Legal name

ILead Tax LLC

Website

https://ileadtax.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

iLead Tax LLC is a US-India based tax, bookkeeping, payroll, and business consulting firm delivering services remotely to small businesses, individuals, and the Indian diaspora in the US.

Ownership category

akta.pro rank

Product category

Tax Preparation and Accounting Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Offices of Certified Public Accountants (541211), Payroll Services (541214), Other Accounting Services (541219)

akta.pro primary industry

Tax Services (Withholding, Reclaims, FATCA/CRS) (FSAAAOAM)

akta.pro secondary industries

Payroll Tax Filing, Compliance & Regulatory Reporting (BPAAAHAB), Taxpayer Registration, Identity & Account Management (BPAIADAB), Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

Keywords

• Tax preparation services
• Accounting and bookkeeping
• Payroll processing
• Cross-border tax services
• Small business tax consulting

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Tax Preparation and Planning Services: Professional tax preparation and planning services for individuals and businesses, including individual tax returns (Form 1040), business tax returns (Form 1120/1120-S/1041/990), partnership and corporate tax preparation, gift and estate tax return preparation.
2. Accounting and Bookkeeping Services: Monthly bookkeeping, accounts payable/receivable, payroll processing, general ledger accounting, bank reconciliations, financial statement preparation, and financial analysis services for small businesses and corporations.
3. Payroll Services: Comprehensive payroll processing including checks/direct deposit, federal and state tax liabilities, unemployment tax, quarterly and year-end tax forms, customized payroll reports, W-2s and 1099s preparation, and tax deposit services.
4. Business Consulting: Advisory services for strategic planning, feasibility studies, information systems evaluation, outsourcing opportunity evaluations, estate planning, and mergers and acquisitions guidance.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

iLead Tax is a virtual tax, accounting, and bookkeeping firm that prepares individual, business, partnership, corporate, gift, and estate tax returns, provides monthly bookkeeping and financial statement preparation, runs payroll processing, and delivers business consulting including M&A advisory. It also handles niche cross-border compliance services such as ITIN applications and FBAR/FATCA reporting, primarily serving US small businesses, individuals, and the Indian diaspora in the US with multilingual and dual-jurisdiction expertise.

Product overview

iLead Tax LLC offers a unified suite of tax and accounting services primarily delivered remotely as a virtual accounting firm. The core offerings include Tax Preparation and Planning (covering individual, business, gift, estate, partnership, and corporate returns), Business Consulting, Payroll Services, and Accounting & Bookkeeping. Supporting services include ITIN Processing, FBAR FATCA Processing, and Extension Filing. The firm also offers an iPlan Tax Program for structured tax planning. Services are designed for both US-based clients and Indians in the US, with operations spanning New York, California, Delaware, and India offices.

Differentiator

Problem solved

Functional benefit

Brands

• iLead Tax Academy: Training program for individuals aspiring to become Enrolled Agents with the Internal Revenue Service
• iPlan Tax Program

Products and services

• Tax Preparation and Planning Tax return preparation services for individuals and businesses including Individual Tax Preparation, Business Tax Return Preparation, Gift & Estate Tax Return Preparation, Partnership & Corporate Tax Preparation, and Out-of-State Returns, plus proactive tax planning to minimize tax liabilities. Designed for US individuals and small-to-mid businesses.
• Accounting and Bookkeeping Monthly bookkeeping and accounting covering accounts payable/receivable, payroll, general ledger accounting, bank reconciliations, financial statement preparation, and financial analysis using major accounting software programs. Targeted at small businesses and corporations seeking outsourced finance function support.
• Payroll Services Comprehensive payroll processing including checks or direct deposit, federal/state/local tax liabilities, unemployment tax, quarterly and year-end tax forms, customized payroll reports, tax deposit services, and W-2s and 1099s preparation. Serves small businesses and corporations.
• Business Consulting Advisory services covering strategic planning, feasibility studies, information systems evaluation, outsourcing opportunity evaluations, estate planning, and mergers and acquisitions guidance for small businesses.
• ITIN Processing Assistance with Individual Taxpayer Identification Number (ITIN) applications for non-US citizens who need a tax ID for US tax compliance. Targeted at foreign nationals and Indian diaspora clients.
• FBAR FATCA Processing Processing of Report of Foreign Bank and Financial Accounts (FBAR) filings and Foreign Account Tax Compliance Act (FATCA) documentation for clients with foreign financial accounts. Targeted at US persons with offshore holdings, including Indian diaspora.
• Extension Filing Tax extension filing services for clients who need additional time to complete their tax returns beyond the standard IRS deadline.
• iPlan Tax Program Structured tax planning program explained and managed by Founder & CEO Nanda Kumar K V, designed to provide ongoing proactive tax planning to individuals and businesses rather than only year-end filing.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• H&R Block: Large US tax preparation chain with both DIY software and assisted/in-person tax services. Directly comparable as a competitor in individual and small-business tax preparation, but far larger and serving a mass-market rather than diaspora-specific niche.
• Jackson Hewitt: National US tax preparation franchise focused on individual taxpayers and small businesses. Competes with iLead Tax in the same SMB/consumer tax preparation market but lacks the India-diaspora and cross-border specialization.
• BDO USA: Global accounting and advisory firm with a US SMB practice offering tax, accounting, and business consulting. Overlaps with iLead Tax's SMB advisory and tax services but serves mid-market and enterprise clients as well.
• RSM US: US-focused audit, tax, and consulting firm serving middle-market companies. Comparable on small/mid-business tax preparation, accounting, and business consulting offerings.
• Intuit TurboTax Live: Intuit's assisted tax preparation service pairing DIY software with human CPAs/EAs. Directly competes for individual and small-business tax clients, and represents a key disruption vector for traditional tax preparers.

Direct peers

• Bench Accounting: Tech-enabled bookkeeping and accounting service for small businesses, delivered remotely with a dedicated team. Comparable in virtual SMB bookkeeping/accounting offering and bundled tax support.
• Pilot: Tech-enabled accounting, bookkeeping, and CFO services targeting startups and small businesses. Comparable in serving SMBs with bundled accounting, tax, and advisory services delivered remotely.
• 1-800Accountant: Virtual accounting and tax services firm serving SMBs and individuals across the US. Closely comparable in remote delivery model, SMB focus, and bundled tax/accounting/payroll services.

Regional players

• ClearTax: India-based tax, GST, and compliance platform serving individuals and businesses. Comparable as a technology-driven tax services firm with India operations, relevant to iLead Tax's India delivery capability.
• Tax2Win: India-based tax preparation and e-filing platform serving Indian taxpayers. Comparable as a digital tax services firm operating in the India market, relevant to iLead Tax's India operations and cross-border tax expertise.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/channel/UCNpbBjYyMZsIAxw6cNMoT0g?view_as=subscriber
• Facebookfacebook.com/iLeadTaxLLC
• LinkedInlinkedin.com/company/ileadtax
• Instagraminstagram.com/ileadtaxllc
• Xx.com/ileadtax

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 iLead Tax