Anderson Tax & Accounting

What Anderson Tax & Accounting does

Anderson Tax & Accounting, Ltd. is a Certified Public Accounting firm headquartered at 800 W Central Rd, Suite 103, Mount Prospect, Illinois, serving individuals and small businesses in the Northwest Suburbs of Chicago. The firm delivers a traditional professional services portfolio centered on three core offerings — tax preparation, year-round tax planning, and bookkeeping — supplemented by software advisory, a digital client resources portal, financial calculators, and an educational tax-tip video library. Service delivery is personal one-on-one, with operational promises of same-day callbacks, ten-business-day financial statement turnaround, and on-time completion of tax returns and compliance forms.

The business operates on a professional services revenue model with fee-based engagements that recur annually for tax preparation and more frequently for bookkeeping and ongoing tax planning. Customer acquisition is sales-led and combines website content marketing, educational video content hosted on Wistia, monthly email newsletters, and direct phone or email appointment booking. The firm has no publicly disclosed pricing tiers; engagements are quote-based following consultation. The technology stack is conventional for a small local CPA practice: industry-standard tax preparation and bookkeeping software, the Liscio client communication platform for secure document exchange, Google Maps and reCAPTCHA on the website, and resource links pointing clients to IRS Direct Pay and Illinois MyTax for tax payments. The firm is privately held, independent, with no parent company, no external investors, no subsidiaries, no M&A activity, no leadership transitions, and no awards disclosed in the source data.

Anderson Tax & Accounting markets itself on CPA credentials, year-round planning discipline, and personal service rather than on scale, technology differentiation, or geographic breadth. Its operating footprint is regional — confined to the Northwest Suburbs of Chicago — with no stated expansion beyond this single market. No AI or ML capabilities, no proprietary platform, no patents, no trademarks, and no formal partnerships or alliances are disclosed. The firm operates within a tightly defined niche, relying on local reputation, professional credentials, and continuity of client relationships as its principal basis of competition.

Name

Anderson Tax & Accounting

Legal name

Anderson Tax & Accounting, Ltd.

Website

https://anderson1040.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Anderson Tax & Accounting, Ltd. is a privately-held Certified Public Accounting firm in Mount Prospect, Illinois providing tax preparation, year-round tax planning, and bookkeeping services to individuals and small businesses in the Northwest Suburbs of Chicago.

Ownership category

akta.pro rank

Headquarters

HQ city

Mount Prospect

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Tax Preparation Services: Tax return preparation for individuals and small businesses, including federal and state returns. One-time service per filing period with recurring annual engagement.
2. Bookkeeping Services: Ongoing bookkeeping to keep business financial records on track. Likely recurring monthly or quarterly service.
3. Tax Planning Services: Year-round tax planning to minimize tax liability. Consultative service that may be bundled with preparation or offered separately.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Anderson Tax & Accounting, Ltd. is a Certified Public Accounting firm that prepares federal and state tax returns, provides year-round tax planning, and delivers ongoing bookkeeping services for individuals and small businesses in the Northwest Suburbs of Chicago. Engagements are delivered as personalized one-on-one professional services with same-day phone callbacks, 10-business-day statement turnaround, and completion of returns by or before a promised date.

Product overview

Anderson Tax & Accounting is a Certified Public Accounting firm offering a unified suite of tax and accounting services for individuals and small businesses in the Northwest Suburbs of Chicago. The core service portfolio consists of Bookkeeping Services, Tax Planning, and Tax Preparation as the primary offerings, complemented by Software Resource advisory, Client Resources portal, Tax Tips educational videos, Financial Calculators, and monthly Newsletter communications. The firm emphasizes year-round personal service with a focus on tax minimization, wealth building, and compliance support. All services are delivered through personalized one-on-one engagement from their Mount Prospect, Illinois location.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Preparation Preparation and filing of federal and state tax returns for individuals and small businesses, satisfying compliance requirements and optimizing outcomes within the law.
• Tax Planning Year-round strategic planning to minimize tax liability and optimize financial outcomes for individuals and small businesses.
• Bookkeeping Services Ongoing record-keeping and financial transaction management to maintain accurate business accounts for small business clients.
• Software Resource Technology advisory and resource assistance to help clients select and implement appropriate accounting software solutions.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• BDO USA: Global accounting and advisory firm with a U.S. practice serving privately held businesses and individuals with tax compliance and planning services. Operates in the same professional services category but at substantially larger scale and broader geographic reach.
• CliftonLarsonAllen (CLA): Major U.S. accounting firm serving private businesses, individuals, and small organizations with tax, accounting, and wealth advisory services. Overlaps with Anderson's service mix and target client profile but at substantially larger firm scale.
• Marcum LLP: Top-20 U.S. accounting firm with significant Midwest presence offering tax, accounting, and advisory services to privately held businesses and high-net-worth individuals. Comparable in service categories but at national-firm scale rather than single-office CPA practice.
• Wipfli: Top-20 U.S. accounting and advisory firm with a strong Midwest presence and a tax, accounting, and advisory service portfolio closely aligned with Anderson's. Comparable in offering breadth but operates at regional/multi-office scale rather than single-location.
• RSM US: Large U.S. accounting and advisory firm serving middle-market companies with tax, audit, and consulting services. Comparable in service mix (tax, accounting, advisory) but operates at significantly larger scale and serves mid-market clients rather than local individuals and small businesses.
• KPMG US: Big Four accounting firm with U.S. personal tax planning and private-company tax services that overlap with Anderson's individual and small-business offerings. Comparable in service category but targets higher-net-worth and larger-company segments.

Emerging players

• Intuit TurboTax: Dominant do-it-yourself tax preparation software platform that increasingly bundles live CPA assistance and AI-driven guidance. Targets the same individual taxpayer segment Anderson serves, representing a substitution threat and pricing-pressure vector rather than a physical-channel peer.

Direct peers

• Liberty Tax Service: Franchised retail tax preparation chain offering assisted return preparation for individual and small-business clients. Directly comparable service mix and customer profile to a local CPA firm offering individual tax prep.
• H&R Block: Large national tax preparation chain serving individual and small-business clients with both DIY software and in-person assisted returns. Direct competitor for the same core tax-preparation segment that Anderson Tax & Accounting serves in the Chicago suburbs.
• Jackson Hewitt Tax Service: National retail tax preparation franchise focused on individual filers and small businesses, with seasonal offices including locations in the Chicago metro. Competes head-to-head for the same individual and small-business client base as Anderson.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Anderson Tax & Accounting