Strategic Tax Consultants Inc

What Strategic Tax Consultants Inc does

Strategic Tax Consultants Inc (STAXC) is a privately held CPA firm founded in 2001 and headquartered at 4438 Oakton St, Skokie, Illinois, serving small and mid-sized businesses primarily in the Chicago metro area, throughout Illinois, and remote clients nationwide. The firm delivers professional accounting, tax, and advisory services including business and corporate tax return preparation, financial statement compilation, multi-state sales tax filing, payroll processing, BOI (Beneficial Ownership Information) reporting under the Corporate Transparency Act, and year-round tax planning. It maintains dedicated industry service lines for healthcare practitioners (physicians and dentists) and restaurants, addressing vertical-specific pain points such as FICA tip credits, medical practice compliance, and dental equipment depreciation. The firm was founded by Kashif Puthawala (former Senior Manager in Aon's International Tax Group) and is led alongside Senior Partner/CFO Shehzad Majid (former Deloitte audit/advisory professional and apparel-company CFO), with Jorge Gonzalez as Office Manager and Mohammad Manzoor as Partner Candidate.

The firm's technology stack is conventional for the accounting profession: QuickBooks and standard tax preparation software underpin a 100% paperless, cloud-based delivery model, with secure client document exchange handled through the CCH IFIRM client portal. There is no proprietary software platform, no AI/ML capabilities, and no API or SDK offering — the product is human-CPA expertise packaged as recurring advisory and compliance engagements, not software. The service mix is sold through direct sales motion anchored by free initial consultations, with senior-CPA oversight of every engagement and no seasonal outsourcing.

STAXC generates revenue on a professional services, quote-based pricing model with fees determined by engagement complexity and disclosed upfront. Go-to-market relies on direct outreach, referrals, content marketing via an educational blog and downloadable resources (free Tax Organizer, payroll forms), and year-round advisory relationships. The firm markets "executive-level expertise at a fraction of the cost of employing full-time employees with comparable experience," targeting SMBs that need Big Four-caliber tax and accounting capability without in-house staffing. The firm has served 500+ businesses since inception, remains under founder ownership with no institutional investment, and shows no M&A, funding, or expansion activity beyond organic vertical and service-line development.

Name

Strategic Tax Consultants Inc

Legal name

Strategic Tax Consultants

Website

https://staxc.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

Strategic Tax Consultants Inc (STAXC) is a Skokie, Illinois-based CPA firm founded in 2001 that provides tax preparation, financial statement compilation, payroll, sales tax filing, BOI reporting, and year-round advisory services to small and mid-sized businesses, with dedicated industry practices for healthcare practitioners and restaurants.

Ownership category

akta.pro rank

Product category

Tax Preparation & Accounting Services

NAICS

Offices of Certified Public Accountants (541211), Tax Preparation Services (541213), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Other Accounting Services (541219)

akta.pro primary industry

Tax Advisory & Compliance (BPAHABAB)

akta.pro secondary industries

Payroll Tax Filing, Compliance & Regulatory Reporting (BPAAAHAB), Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF), Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI)

Keywords

• Business tax preparation
• Corporate accounting services
• Payroll processing services
• Financial statement compilation
• CPA advisory services

Headquarters

HQ city

Skokie

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Accounting and Tax Services: STAXC generates revenue through professional services engagements including business tax return preparation, corporate tax return preparation, financial statement compilation, sales tax filing, payroll processing services, and BOI reporting. Fees are based on the complexity of the engagement and are quoted upfront to clients.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Strategic Tax Consultants Inc provides outsourced federal and state tax preparation, financial statement preparation, sales tax filing, payroll processing, and Beneficial Ownership Information (BOI) reporting for small and mid-sized U.S. businesses. The firm also delivers industry-specific tax and accounting services to restaurants, physicians, and dentists, operating as a 100% paperless, cloud-based CPA practice from Skokie, Illinois.

Product overview

Strategic Tax Consultants is a CPA firm offering a portfolio of accounting, tax, and advisory services rather than a unified software product. Core offerings include Business Tax Return Preparation, Corporate Tax Return Preparation, Financial Statement Compilation, Sales Tax Filing, Payroll Processing, and BOI Reporting services. The firm also provides industry-specific services for restaurants, physicians, and dentists, alongside general small business CPA advisory. Services are delivered by licensed CPAs with backgrounds at Aon and Deloitte, emphasizing year-round advisory relationships over seasonal compliance work.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Tax Preparation & Filing Federal and state business tax preparation and filing for small and mid-sized U.S. businesses and their owners, including pass-through entities, corporations, and partnerships.
• Financial Statement Preparation Preparation of compiled financial statements for small and mid-sized businesses to support owner reporting, lender requirements, and investor review.
• Sales Tax Filing Multi-state and local sales tax return preparation and filing for businesses with nexus in multiple jurisdictions, including restaurants and retailers.
• Payroll Processing Recurring payroll processing and payroll tax filings for small and mid-sized businesses and their employees, including tip reporting for restaurants and benefits-related withholdings for healthcare practices.
• Beneficial Ownership Information (BOI) Reporting Preparation and filing of Beneficial Ownership Information reports required under the Corporate Transparency Act for applicable U.S. business entities.
• Restaurant Industry Tax & Accounting Services Industry-specific tax preparation, financial statement preparation, sales tax filing, and payroll processing tailored to restaurants and food-service operators, including tip reporting and inventory costing.
• Healthcare Professional Tax & Accounting Services (Physicians & Dentists) Industry-specific tax preparation, financial statement preparation, payroll, and entity structuring for physicians and dentists operating small private practices.

Named customers14 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Bench: Subscription-based outsourced bookkeeping and accounting platform for small businesses, pairing software with dedicated bookkeepers. Direct tech-enabled alternative to STAXC's SMB accounting services.
• Pilot.com: Tech-enabled outsourced bookkeeping, accounting, and CFO services platform targeting SMBs and startups. Represents the modern platform-style competitor to traditional CPA firms like STAXC.

Direct peers

• Withum: Top-30 US CPA and advisory firm serving SMB and mid-market clients with tax, accounting, and outsourced CFO services. Comparable to STAXC in service mix and client segment.
• Wipfli LLP: Top-25 US CPA and advisory firm headquartered in the Midwest (Wisconsin) with a strong SMB and mid-market focus. Closely comparable to STAXC in client segment and Midwest footprint, but at materially larger scale.
• 1-800Accountant: Virtual accounting and tax services firm targeting SMBs and entrepreneurs nationwide with year-round advisory and tax prep. Closely comparable to STAXC in client segment, service mix, and remote delivery model.
• Doeren Mayhew: Midwest-based (Michigan) CPA and advisory firm focused on SMB and middle-market businesses. Comparable to STAXC in segment and regional Midwest positioning, though slightly larger.
• Eide Bailly LLP: Top-25 US CPA firm with strong SMB and middle-market tax/advisory practices across the Midwest and Mountain West. Comparable client segment and service mix to STAXC.

Broad incumbents

• CliftonLarsonAllen (CLA): Top-10 US accounting firm with a defined SMB and middle-market focus, serving closely comparable clients in tax, advisory, and outsourced accounting across the Midwest.
• Plante Moran: Top-15 US accounting and advisory firm based in Michigan with deep SMB and mid-market practices including industry-specific groups. Larger and broader than STAXC but competes for the same Chicago/Midwest SMB clients.
• Crowe LLP: Top-10 US public accounting firm headquartered in Chicago, with significant SMB and middle-market tax and advisory practices serving the same geographic segment as STAXC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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 Strategic Tax Consultants Inc