Accounting Systems

What Accounting Systems does

Accounting Systems Inc is a privately-held, single-office certified public accounting practice founded in 1981 and headquartered at 232 E Simmons St in Galesburg, Illinois. The firm delivers fee-for-service accounting, tax, and payroll services to individuals, small businesses, corporations, partnerships, trusts, estates, and not-for-profit organizations, with a stated emphasis on personalized, one-to-one client engagement rather than a software-platform model. Its three core service lines are Tax Services (preparation, planning, sales tax, estate and gift tax, and representation before tax authorities), Payroll Services (cloud-based processing, direct deposit, electronic tax payments, compliance management, and reporting), and Accounting Services (bookkeeping, financial statement preparation, and financial analysis).

The firm operates on a third-party cloud accounting and payroll platform (login.accountantsoffice.com) that allows clients and accountants to collaborate on the same ledger, eliminating manual data transfer. Underlying technology is standard CPA SaaS rather than proprietary software; no AI, automation, or data products are present. Its go-to-market is direct, relationship-based, and heavily reliant on referrals and local reputation accumulated over 40 years. Marketing channels include a newsletter, client testimonials, and online resource centers (Tax Center, Payroll Center, refund tracking). Pricing is not publicly disclosed and is quote-based following a complimentary initial consultation. The firm is bootstrapped, founder/owner-managed, with 1-10 employees, no institutional capital, and no disclosed M&A, partnership, or expansion activity beyond a reference link to the IRS EFTPS payment portal.

Name

Accounting Systems

Legal name

Accounting Systems Inc

Website

https://accountingsystemsinc.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

1–10 employees

Short description

Accounting Systems Inc is a privately-held Galesburg, Illinois CPA firm founded in 1981 that provides personalized tax, payroll, and accounting services to individuals, small businesses, and specialized entities in the local market using third-party cloud software.

Ownership category

akta.pro rank

Product category

Accounting Services

NAICS

Offices of Certified Public Accountants (541211)

akta.pro primary industry

Accounting & Bookkeeping Services (BPAHABAC)

akta.pro secondary industries

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF), Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB)

Keywords

• Accounting services
• Tax preparation
• Payroll processing
• Bookkeeping services
• Financial advisory

Headquarters

HQ city

Galesburg

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, Others

Revenue model

1. Professional Accounting Services: Fee-for-service professional services including bookkeeping, financial statement preparation, and financial analysis for individuals and businesses.
2. Tax Services: Comprehensive tax preparation and planning services for individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations. Includes representation before taxation authorities.
3. Payroll Processing Services: Efficient, reliable payroll processing including check printing or direct deposit, tax filings, electronic payments, and comprehensive payroll reporting at reasonable cost.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Accounting Systems Inc is a CPA firm founded in 1981 in Galesburg, Illinois that delivers personalized accounting, bookkeeping, payroll processing, tax preparation and planning, estate planning, and business advisory services to individuals and small businesses. The firm operates as a small practice offering direct client engagement through one-to-one relationships, with services accessed through its website and direct contact, and supported by cloud-based accounting and payroll systems for collaborative client work.

Product overview

Accounting Systems Inc operates as a traditional accounting firm providing personalized professional services rather than a unified software product. The company offers three core service offerings: Tax Services (covering individual and corporate tax preparation, estate planning, sales tax compliance, and tax advisory), Payroll Services (including cloud-based payroll processing, compliance management, and reporting), and Accounting Services (comprising cloud-based accounting, bookkeeping, and financial analysis). Founded in 1981, these services are delivered through experienced accounting professionals on a one-to-one client basis, without a platform-plus-modules software architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Services Comprehensive year-round tax assistance including individual and corporate tax preparation, estate and gift tax return preparation, sales tax services, tax planning, and expert representation before taxation authorities.
• Payroll Services Efficient and reliable payroll processing including check printing, direct deposit, electronic tax payments and filings, compliance management, and comprehensive payroll reporting. Includes state-of-the-art cloud-based processing system.
• Accounting Services Full-spectrum accounting and auditing services including cloud-based accounting system, bookkeeping and write-up services, financial statement preparation, and financial analysis to help clients manage finances and assess financial position.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Electronic Federal Tax Payments System (EFTPS)minorOthersThe firm directs clients to the IRS Electronic Federal Tax Payments System for making federal tax payments. This is a reference/link to a government payment portal rather than a formal partnership.

Scale indicators2 records

Recent moves4 records

Emerging players

• Bench (by Employer.com): Online bookkeeping and accounting service pairing software with dedicated bookkeepers. Targets the same small-business bookkeeping and financial-statement use cases as Accounting Systems Inc, with a subscription pricing model that contrasts with the firm's quote-based approach.
• 1-800Accountant: Virtual accounting and tax firm serving small businesses and individuals nationwide. Directly comparable in service mix (accounting, tax, payroll, advisory) and customer base, but competes via scale, technology, and remote delivery rather than local office presence.
• Pilot.com: Tech-enabled bookkeeping, accounting, and tax service for small businesses and startups. Comparable in the bookkeeping and SMB tax service stack but delivers via proprietary software and a distributed specialist model rather than a single local office.

Others

• Paychex: Major payroll, HR, and benefits provider focused on small and mid-sized businesses. Competes head-to-head with Accounting Systems Inc on payroll processing, including direct deposit, tax filings, and compliance, but at vastly greater scale and with broader HR-adjacent offerings.
• Intuit (QuickBooks / TurboTax Live): Software platform offering DIY and assisted tax (TurboTax Live) and bookkeeping (QuickBooks Live) services. Competes with Accounting Systems Inc for the same individual and small-business clients but delivers primarily through software plus on-demand experts rather than a traditional CPA practice.
• ADP: Largest U.S. payroll and HR services provider. Directly comparable on payroll processing — one of Accounting Systems Inc's three core offerings — but ADP competes at scale with proprietary technology, whereas the firm resells cloud-based payroll as a service line within a broader practice.

Broad incumbents

• CliftonLarsonAllen (CLA): Large U.S. accounting and advisory firm with significant Midwest operations. Comparable on full-spectrum tax, accounting, payroll, and advisory services for small businesses and individuals, but at much greater scale and geographic reach.
• BDO USA: Top-tier U.S. accounting and advisory firm offering tax, audit, and consulting services. Comparable core service lines (tax preparation, financial reporting, advisory) but operates at significantly larger scale and across enterprise and middle-market clients rather than individuals and local SMBs.
• Wipfli: Major U.S. accounting and consulting firm with strong Midwest presence. Overlaps with Accounting Systems Inc on tax, payroll, accounting, and advisory for SMBs, but serves a multi-state geography and offers deeper industry specialization.

Direct peers

• H&R Block: National consumer and small-business tax preparation firm with retail and digital channels. Directly comparable to Accounting Systems Inc in personal and small-business tax services, customer segments (individuals and SMBs), and seasonal engagement model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/Accounting-Systems-Inc-497339387069331
• LinkedInlinkedin.com/company/easy-accounting-systems-inc

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 Accounting Systems