What Basepoint Tax & Accounting does

Basepoint Tax & Accounting is a privately held, Des Moines-based professional services firm founded in 1995 that delivers tax, accounting, assurance, wealth management, and consulting services. The firm reports 1–10 employees, operates without disclosed institutional ownership or outside funding, and serves clients primarily in Iowa, with a stated Eastern Iowa expansion strategy. Core revenue mechanics follow a traditional professional-services model — fees for recurring compliance (tax, accounting), episodic project work (assurance, consulting), and ongoing wealth advisory relationships — though no pricing, fee schedule, or customer counts are publicly disclosed.

In February 2023, the firm executed a coordinated strategic refresh: it acquired Ledger Plus, an Iowa accounting brand now retained under the Basepoint portfolio, and appointed Ron Detweiler as President. Both moves are explicitly tied to a stated objective of broadening service delivery and extending footprint into Eastern Iowa. Source materials describe the Ledger Plus acquisition as the principal scaling vector for the firm, with no further acquisitions, partnerships, funding rounds, or product launches disclosed. No technology platform, proprietary methodology, patents, awards, or AI/ML capabilities are referenced in the available data; the firm appears to compete on local presence, multi-service breadth, and relationship-driven service rather than on technology differentiation.

The data set is thin in several dimensions relevant to investment diligence: revenue, fees, customer concentration, employee composition, geographic mix beyond Eastern Iowa, ownership structure, and competitive positioning are all undisclosed. As a result, while the firm is clearly operating and pursuing inorganic expansion, scale, growth rate, and economics cannot be quantified from the input.

Name

Basepoint Tax & Accounting

Website

https://charteraccountingplc.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Basepoint Tax & Accounting is a privately held, Des Moines-based professional services firm founded in 1995 that provides tax, accounting, assurance, wealth management, and consulting services to clients across Iowa, including its 2023-acquired Ledger Plus brand.

Ownership category

akta.pro rank

Headquarters

HQ city

Des Moines

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

Basepoint Tax & Accounting is a privately held professional services firm that provides tax preparation, general accounting, wealth management, assurance, and consulting services to clients in Eastern Iowa. Following the February 2023 acquisition of Ledger Plus, the firm operates the Ledger Plus brand alongside its core Basepoint brand to deliver expanded accounting services across the region.

Product overview

Basepoint Tax & Accounting is a tax and accounting services company. The company operates as a unified service offering in the tax and accounting sector. The portfolio consists of the core Basepoint Tax & Accounting brand plus the acquired Ledger Plus accounting brand, which together enable expanded services across Eastern Iowa.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Services Tax preparation and tax advisory services offered as part of Basepoint Tax & Accounting's spectrum of financial services to clients in Eastern Iowa.
• Accounting Services General accounting services delivered to clients as part of the firm's integrated financial services offering.
• Wealth Management Wealth management services offered within the firm's spectrum of financial services for clients seeking investment and financial planning guidance.
• Assurance Services Assurance engagements provided as part of Basepoint Tax & Accounting's full-service financial offering.
• Consulting Services Financial and business consulting services offered alongside the firm's tax, accounting, assurance, and wealth management practices.
• Ledger Plus Accounting services brand acquired by Basepoint Tax & Accounting in February 2023, retained as an acquired brand to broaden the firm's accounting services portfolio in Eastern Iowa.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Liberty Tax: Franchised tax preparation chain with U.S. retail footprint. Competes with Basepoint in the consumer and small-business tax segment at national scale, typically below the threshold where Basepoint's broader advisory services differentiate.
• H&R Block: National consumer tax-preparation chain with retail and digital offerings. Competes with Basepoint for individual and small-business tax clients in Iowa, but at vastly greater scale and brand recognition.
• RSM US: Top-tier U.S. audit, tax, and consulting firm with significant Midwest operations. Relevant comparable on the business tax, assurance, and advisory side for clients that may outgrow a local firm like Basepoint.
• Jackson Hewitt: National tax-preparation chain operating via franchised retail locations. Overlaps directly with Basepoint's individual and small-business tax services, especially during tax season, with much broader geographic reach.
• CliftonLarsonAllen (CLA): Large U.S. accounting firm with a strong Midwest regional presence, including Iowa. Competes with Basepoint upmarket for SMB assurance, tax, and advisory work that outgrows a 1–10 person firm.

Emerging players

• Bench: Cloud-based bookkeeping and accounting platform for small businesses, pairing software with dedicated bookkeepers. Directly substitutes for the bookkeeping portion of Basepoint's service stack at typically lower price points.
• Pilot: Tech-enabled accounting, bookkeeping, and CFO services for startups and small businesses. Represents the software-driven competitive threat to traditional local firms like Basepoint serving closely held and small-business clients.
• 1-800Accountant: Virtual accounting and tax services firm targeting small businesses and entrepreneurs. Targets the same SMB tax/accounting customer as Basepoint but delivers services via a centralized remote model rather than a local office.

Direct peers

• Honkamp Krueger: Midwest-based accounting, tax, and advisory firm headquartered in Iowa. Direct regional comparable to Basepoint in client mix (SMBs, individuals, closely held businesses) and service breadth, and a natural M&A or competitive reference point in the Eastern Iowa market.
• Padgett Business Services: Franchise network of small-business accounting, tax, and advisory offices serving owner-operators. Closely mirrors Basepoint's model of multi-service local accounting at similar firm size, with a comparable mix of tax, bookkeeping, and advisory work for SMB clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Basepoint Tax & Accounting