Walters Tax & Financial

What Walters Tax & Financial does

Walters Tax & Financial is a privately held, family-owned tax and financial services firm headquartered in Stockton, California, originally founded in 2001 by the late Deanna Walters and now operated by her daughter, Riley Turney. The firm delivers a coordinated suite of professional services to small businesses and individuals in its local market, including individual, business (Partnership, C-Corp, S-Corp, LLC), and estate tax preparation; recurring QuickBooks Online–based bookkeeping with monthly financial reporting; payroll processing; sales tax filing; and tax resolution services covering IRS and California FTB matters.

Operationally, the firm runs from a single Stockton office with extended tax-season hours and supports a fully virtual workflow through a TaxDome client portal that handles document intake, electronic signatures, and remote appointments. Its core technology stack is built on third-party SaaS — QuickBooks Online for bookkeeping and TaxDome for client engagement — rather than proprietary software. Service delivery is direct and relationship-driven, with no disclosed digital acquisition channels beyond the company website, an Instagram handle (@walterstax), and a Facebook page (@walterstaxprep), supplemented by a printed tax newsletter used as a retention and referral asset.

The revenue model combines transactional professional-service fees for tax preparation with recurring monthly bookkeeping and payroll engagements. Pricing is not publicly disclosed and is quote-based. Geographic reach is anchored in Stockton, but the firm states it accepts individual returns from all US states except New York. The business has no institutional funding, no parent company, no disclosed subsidiaries, and no headcount data, indicating a tightly-held independent operation.

Name

Walters Tax & Financial

Legal name

Walters Tax & Financial

Website

https://walterstaxprep.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Walters Tax & Financial is a family-owned tax preparation, bookkeeping, payroll, and tax resolution firm based in Stockton, California, serving local small businesses and individual taxpayers with QuickBooks Online bookkeeping and a TaxDome virtual portal.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockton

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

Revenue model

1. Income Tax Preparation Services: Professional tax preparation services for individuals (Form 1040), businesses (Form 1065, 1120/S), and estates (Form 1041). Revenue generated through service fees for completed tax returns.
2. Bookkeeping Services: Ongoing bookkeeping services using QuickBooks Online including receipt management, bank reconciliation, transaction categorization, and monthly financial reporting. Services offered on a recurring basis.
3. Payroll Services: Payroll processing services mentioned as part of their comprehensive small business support offerings.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Walters Tax & Financial is a Stockton, CA-based tax and financial services firm that prepares individual (Form 1040), business (Form 1065, 1120/S), and estate (Form 1041) tax returns; provides ongoing QuickBooks Online-based bookkeeping with monthly P&L and Balance Sheet reporting; runs payroll and sales tax services for small businesses; and offers tax resolution support. Services are delivered both in-office and fully virtually through the TaxDome client portal.

Product overview

Walters Tax & Financial is a family-owned tax and financial services firm offering a coordinated suite of products for small businesses and individuals. The core offerings include Tax Preparation Services (Individual, Business, and Estate tax filing), Bookkeeping Services (powered by QuickBooks Online), and Tax Resolution Services. Additional modules include Payroll Services and Sales Tax Services. The firm also provides a TaxDome Client Portal enabling virtual document submission, electronic signatures, and remote service delivery. All services are delivered from their Stockton, CA location with both in-person and virtual filing options.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Preparation Services Full-service tax preparation covering Individual (Form 1040), Business (Form 1065, 1120/S), and Estate (Form 1041, Form 706) tax filing, including multi-state returns and various schedules (A, B, C, D, E, H) for small businesses and individual clients.
• Bookkeeping Services
• Tax Resolution Services
• Payroll Services
• Sales Tax Services

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

One partnership is on record.

• QuickBooks Online (Intuit)coreTechnology or IntegrationPrimary accounting software platform used for all client bookkeeping services. They utilize QuickBooks Online to provide bookkeeping services including receipt management, bank reconciliation, transaction categorization, and financial reporting. They assist clients in transferring to QuickBooks if using different software and provide training for those new to accounting software.

Scale indicators1 record

Expansion highlights4 records

Direct peers

• Bookkeeper360: Outsourced bookkeeping, payroll, and tax services for small and mid-sized businesses using cloud accounting platforms; directly comparable service mix and SMB target.
• 1-800Accountant: Virtual-first accounting, tax, bookkeeping, and payroll service for small businesses and individuals; closely mirrors Walters's integrated service stack and online delivery model.
• Bench: Tech-enabled bookkeeping service bundled with year-end tax preparation for small businesses; directly comparable on the recurring bookkeeping + tax preparation workflow.
• Padgett Business Services: Franchised accounting, tax, and payroll services for small businesses; comparable in delivering an integrated bookkeeping/payroll/tax suite to local SMB clients.

Broad incumbents

• H&R Block: National tax preparation chain with retail offices and digital products; directly comparable to Walters's individual and small business tax prep offering, though H&R Block operates at vastly greater scale and brand reach.
• Liberty Tax: Franchised tax preparation service focused on individual and small business returns; comparable in service mix and customer profile, with broader geographic footprint.
• Jackson Hewitt: Multi-location tax preparation franchisor serving individual and small business clients; comparable core service (1040/1065/1120/S preparation) with similar seasonal engagement model.

Emerging players

• Botkeeper: Automation-first bookkeeping service for small businesses; an emerging alternative to the manual QuickBooks-based bookkeeping workflow that Walters delivers.
• Pilot: Bookkeeping, accounting, and CFO services for startups and small businesses using QuickBooks Online; overlaps with Walters's bookkeeping and recurring financial reporting offering.
• Intuit TurboTax: DIY tax preparation software from Intuit; primary substitute for simpler individual and small business returns that Walters would otherwise prepare.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/walterstaxprep
• Instagraminstagram.com/walterstax

Compliance3 records

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 Walters Tax & Financial