Fiscal Fitness Tax and Financial Services

What Fiscal Fitness Tax and Financial Services does

Fiscal Fitness Tax and Financial Services, Inc. is a privately held professional services firm founded in 1989 by Derrick L. Alford and headquartered at 2650 Hull Street in Richmond, Virginia. The firm provides tax preparation and filing (individual returns start at $150; corporate, partnership, and non-profit returns start at $350), business consulting (accounting system assessment, incorporation, financing packages, cash flow projections, and M&A analysis, starting at $200), and financial and retirement planning (IRA/401K analysis, estate planning, retirement planning, investment analysis, risk management, starting at $200), plus IRS tax resolution and QuickBooks setup/training through its membership in the QuickBooks Pro Advisors Network. It has no proprietary technology platform; operations rely on standard secure portals, fax, mail, in-office and virtual appointments, and a free 20-minute initial consultation as the lead-conversion mechanism. The client base is horizontal — individuals, families, and small businesses — with documented multi-decade relationships (e.g., Hy-Tech Quality Pest Management since 1990, Accent Interiors/Accent Drapery's & Interiors), supported by testimonials and referrals rather than enterprise-level SLAs. Credibility is anchored by 35+ years of operating history, BBB accreditation, IARFC/RFC credentials held by the founder, and a slate of regional recognitions including a 2018 UVA Darden Tayloe Murphy Resilience Award (Mark of Distinction), a 2018 Virginia Chamber of Commerce Resilience Award, and 2015 Governor and Mayor of Richmond recognition letters. Revenue is not publicly disclosed, the firm has no parent company, and a sub-brand — the Fiscal Fitness Good Neighbor Foundation, a 501(c)(3) established in 2017 — has awarded $8,612 in scholarships since inception.

Name

Fiscal Fitness Tax and Financial Services

Legal name

Fiscal Fitness Tax & Financial Services, Inc.

Website

https://fiscalfitnessinc.biz

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Fiscal Fitness Tax and Financial Services is a Richmond, VA-based private professional services firm founded in 1989 that provides tax preparation, business consulting, financial planning, and IRS tax resolution to individuals, families, and small businesses nationwide via in-office and virtual engagements.

Ownership category

akta.pro rank

Product category

Tax Preparation and Financial Advisory Services

NAICS

Tax Preparation Services (541213), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

SIC

Investment Advice (6282)

akta.pro primary industry

Tax Advisory & Compliance (BPAHABAB)

akta.pro secondary industry

Tax-Aware Investment Planning (FSAEAAAE)

Keywords

• Tax preparation services
• Small business consulting
• Retirement planning
• Wealth management advisory
• Financial planning services

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Tax Preparation and Filing Services: Individual and business tax preparation services with fees based on complexity. Individuals and families start at $150, businesses (corporations, partnerships, non-profits) start at $350. Includes electronic filing and fast refunds.
2. Business Consulting Services: Advisory services including accounting system assessment, incorporation assistance, financing package preparation, cash flow projections, and M&A analysis. Fees start at $200.
3. Financial and Retirement Planning: Comprehensive wealth management services including IRA/401-K analysis, estate planning, retirement planning, investment analysis, and risk management. Fees start at $200.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Fiscal Fitness Tax and Financial Services provides tax preparation and filing for individuals, families, and small businesses, alongside business consulting (incorporation, accounting systems, cash flow, financing packages) and comprehensive financial planning (retirement, estate, investment, wealth, and risk management). Services are delivered via in-office appointments at Richmond, VA and remote/virtual appointments nationwide, with a free 20-minute initial consultation. Pricing is unit-based, starting at $150 for individual tax prep, $350 for business tax prep, and $200 for consulting or financial planning engagements.

Product overview

Fiscal Fitness Tax and Financial Services operates as a unified suite of financial services centered on tax preparation, planning, and business consulting. The core offerings include individual and business tax preparation services, IRS tax resolution, financial planning (retirement, estate, investment), and business consulting. Add-on services include QuickBooks setup/training through the QuickBooks Pro Advisors Network, seminars/workshops, and a podcast series. The company also extends its brand through an educational book ("The Intangibles of Business Success") and a non-profit scholarship foundation (Fiscal Fitness Good Neighbor Foundation). The product portfolio functions as a single integrated service practice rather than a modular software platform.

Differentiator

Problem solved

Functional benefit

Brands

• Fiscal Fitness Good Neighbor Foundation: A 501(c)(3) non-profit scholarship foundation established in 2017 to help make higher education dreams a reality. Has awarded $8,612 since 2017.

Products and services

• Tax Preparation and Planning Services

Quantifiable outcome

• According to U.S. Government Accountability Office (GAO), each taxpayer on average overpays more than $400 a year in taxes
• +1 more outcomes

Named customers7 records

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

Partnerships

Seven partnerships are on record, tiered core and minor.

• QuickBooks Pro Advisors NetworkcoreTechnology or IntegrationFiscal Fitness is a member of the QuickBooks Pro Advisors Network, enabling them to provide QuickBooks setup and training services to clients. This partnership validates their accounting software expertise and allows them to offer certified QuickBooks support.
• LegalShieldminorGTM or Marketing PartnerFiscal Fitness offers LegalShield consultations as part of their business consulting services. Clients gain access to professional consultation, document review, contract review, 24/7 emergency access, trial defense services, and court representation through this partnership.
• Junior Achievement of Central Virginia Inc.minorStrategic or Co-development PartnerDerrick Alford has served as an economic principles instructor for Junior Achievement of Central Virginia Inc., teaching business and economics principles in local high schools as part of the company's community outreach.
• Bryant & Stratton CollegeminorStrategic or Co-development PartnerDerrick Alford serves as a member of the advisory board at Bryant & Stratton College, contributing to educational program development and workforce readiness initiatives.
• Better Business Bureau (BBB)coreStrategic or Co-development PartnerFiscal Fitness is an accredited member of the Better Business Bureau, providing credibility and trust signals for prospective clients seeking tax and financial services.
• International Association of Registered Financial Consultants (IARFC)coreStrategic or Co-development PartnerDerrick Alford is a member of the International Association of Registered Financial Consultants, holding the RFC (Registered Financial Consultant) designation.
• Metropolitan Business LeagueminorStrategic or Co-development PartnerFiscal Fitness is a member of the Metropolitan Business League, a business support organization in the Richmond area.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• TaxSlayer: Digital tax preparation platform with professional assisted filing options serving individuals and small businesses. Comparable target segment with disruptive digital delivery that pressures traditional services pricing.

Broad incumbents

• Edward Jones: National financial advisory firm offering retirement and investment planning services to individuals. Comparable in financial planning and wealth management offerings, though delivered via a far larger advisor network.
• Liberty Tax Service: National tax preparation franchise network serving individuals and small businesses with comparable core offerings, including seasonal tax resolution. Operates at larger scale and with broader geographic reach than Fiscal Fitness.
• Ameriprise Financial: Diversified financial services firm offering investment advisory, retirement planning, and wealth management. Overlaps with Fiscal Fitness' financial and retirement planning service line at significantly larger scale.
• Intuit (TurboTax Live): Owner of TurboTax Live, combining DIY tax software with access to credentialed tax experts. Directly competes for Fiscal Fitness' individual and small business tax preparation clients through digital-first delivery.
• H&R Block: National tax preparation chain offering individual and small business tax services. Comparable as a direct tax prep competitor but at vastly larger scale and with proprietary digital tools that Fiscal Fitness lacks.
• Jackson Hewitt Tax Service: Large national tax preparation franchise serving individual and small business clients. Comparable customer segment and core service offering, though delivered through franchise model versus Fiscal Fitness' independent practice.

Direct peers

• Keiter: Richmond, VA-based CPA firm providing tax, audit, and business advisory services to individuals and small businesses. Comparable in geography, target market, and integrated tax-plus-advisory service model.
• Cherry Bekaert: Mid-Atlantic Top-30 CPA and advisory firm headquartered in Richmond, VA. Closest direct peer given shared geographic market and overlapping tax, accounting, and advisory service offerings for SMB clients.
• PBMares: Mid-Atlantic accounting and business advisory firm with offices across Virginia serving individuals and SMBs with tax and advisory services. Directly comparable regional professional services peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xtwitter.com/fiscalfitnessva
• Facebookfacebook.com/fiscalfitnesstax

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Fiscal Fitness Tax and Financial Services