Federico & Sette

What Federico & Sette does

Federico & Sette, P.C. is a privately held Certified Public Accounting firm headquartered in North Haven, Connecticut, providing accounting, tax, bookkeeping, payroll, and business consulting services to small and mid-sized businesses and individual clients across the state. The firm traces its lineage to the predecessor practice Mark Federico, CPA, with both named CPA partners (Lynn V. Sette and Michael J. Federico) having joined the original firm in 1986, the year of the current partnership's formation. The firm serves clients across multiple verticals including manufacturing, wholesale distribution, real estate, retail, medicine, and nonprofit organizations, with a particular specialty in state and sales tax consulting led by Dominic Federico, a former 22-year veteran of the Connecticut Department of Revenue Services.

The firm's service portfolio spans core compliance (tax preparation, accounting, payroll support) and higher-value advisory work (estate and trust planning, nonprofit treasury services, board governance support, and business strategy). It operates a single-office, direct-delivery model from 116 Washington Avenue, North Haven, with no disclosed digital channels, proprietary technology platforms, or remote service capabilities — its web presence is limited to a basic GoDaddy-hosted marketing site. The practice is fundamentally relationship-driven, relying on professional networks, referrals, and long-tenured client relationships rather than formal marketing or sales infrastructure.

Revenue is generated through professional service fees on a per-engagement or hourly basis, with no disclosed pricing, packaged offerings, or subscription models. The firm has no external investment, no subsidiaries, and no disclosed M&A activity, remaining a tightly held partnership. Its competitive positioning rests on localized expertise, partner-level credentials (AICPA and CTSCPA memberships, Big Four heritage via Ernst & Whinney, state government tax authority experience), and multi-decade client continuity rather than scale, technology, or geographic reach.

Name

Federico & Sette

Legal name

Federico & Sette, P.C.

Website

https://federicosettecpa.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Federico & Sette, P.C. is a privately held Connecticut-based CPA firm providing accounting, tax preparation, bookkeeping, payroll, business consulting, and specialized state/sales tax advisory services to small and mid-sized businesses, individuals, and nonprofit organizations across the state.

Ownership category

akta.pro rank

Product category

Accounting & Tax Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Other Accounting Services (541219)

akta.pro primary industry

Trust & Estate Tax Planning & Compliance (FSAEAKAE)

akta.pro secondary industry

Estate Planning & Trust Structuring Advisory (FSAEAKAC)

Keywords

• Accounting services
• Tax preparation
• Bookkeeping support
• Business consulting
• Estate planning

Headquarters

HQ city

North Haven

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Accounting, Tax & Consulting Services: The firm generates revenue through providing accounting, tax preparation, bookkeeping, payroll support, and business consulting services to both business and individual clients. Services are provided on an ongoing basis with particular intensity during tax season. Revenue is derived from professional service fees for accounting, tax, and advisory engagements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Federico & Sette, P.C. is a Certified Public Accounting firm providing back-office accounting, payroll, and bookkeeping support; tax preparation and planning; business consulting; estate and trust services; and specialized sales and state tax consulting for small to mid-sized businesses, individuals, and nonprofit organizations across Connecticut. The firm delivers ongoing professional services with extended availability during tax season, complementing standard engagements with specialized state tax expertise via its dedicated Sales Tax Consulting division.

Product overview

Federico & Sette, P.C. is a certified public accounting firm offering a unified suite of professional services. The firm operates as a single-service practice centered on Accounting, Tax & Consulting Services, which encompasses back-office accounting, payroll, bookkeeping support, tax preparation and navigation of tax laws, and business consulting for both business and individual clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting, Tax & Consulting Services Comprehensive professional services for small to mid-sized businesses and individuals, including back-office accounting, payroll, and bookkeeping support; tax preparation and planning that navigates new and complex tax laws; and business consulting for pressing business concerns.
• Sales Tax & State Tax Consulting Specialized consulting for businesses needing resolution of Connecticut sales tax and broader state tax issues, led by a former state revenue services professional.
• Estates and Trusts Services Estate planning and trust administration services for individual and family clients as part of Lynn V. Sette's practice portfolio.
• Nonprofit Treasury & Governance Support Volunteer or compensated treasurer services and board governance support for nonprofit organizations, including financial oversight and nonprofit compliance.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Broad incumbents

• Plante Moran: Top-15 U.S. accounting and business advisory firm serving middle-market and SMB clients across multiple industries including manufacturing, real estate, and nonprofits. Competes with Federico & Sette in many of the same industry verticals.
• Wipfli: Top-25 U.S. accounting and advisory firm serving closely held businesses and nonprofit organizations. Comparable in targeting owner-operated businesses and providing tax-adjacent compliance services.
• Marcum LLP: Top-20 U.S. accounting firm with a significant Connecticut presence offering tax, audit, advisory, and consulting services to SMBs and middle-market clients. Competes for the same Connecticut SMB and high-net-worth clients as Federico & Sette.
• Aprio: Top-50 U.S. CPA and business advisory firm serving SMBs, family businesses, and high-net-worth clients with tax, accounting, and advisory services. Comparable client-centric service model and SMB focus.
• Withum: Top-30 U.S. accounting and advisory firm with East Coast offices providing tax, audit, and consulting services to SMBs, family offices, and nonprofit organizations. Competes in the same Northeast SMB market.
• CohnReznick: National advisory, assurance, and tax firm with offices in Connecticut serving middle-market businesses, real estate, and nonprofit clients. Overlaps with Federico & Sette in real estate, wholesale, and nonprofit engagements.
• PKF O'Connor Davies: Northeast-focused accounting and advisory firm with Connecticut presence serving closely held businesses, nonprofits, and high-net-worth individuals. Directly comparable in client profile and service mix.

Regional players

• Whittlesey: Hartford, Connecticut-headquartered CPA and advisory firm offering accounting, tax, audit, and consulting services to businesses, nonprofits, and individuals across the state. Comparable regional competitor with overlapping SMB and nonprofit client base.
• Sax LLP: Northeast regional CPA and advisory firm serving SMBs, family businesses, and nonprofit organizations with tax, accounting, and advisory services. Comparable client mix and regional scale to the subject firm.
• MahoneySabol: Connecticut-based CPA and business advisory firm serving SMBs and individuals with accounting, tax, and consulting services. Directly comparable in size, regional focus, and SMB service mix to Federico & Sette.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 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 Federico & Sette