Gustafson & Wargo CPAs

Name

Gustafson & Wargo CPAs

Legal name

Gustafson & Wargo, CPAs, Tax Accounting

Website

https://gandwcpas.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Canastota

HQ country

United States

HQ region

North America

Offices2 records

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 and Compliance Services: Tax return preparation for individuals, partnerships, S-Corporations, C-Corporations, fiduciary, estate and gift, and non-profit entities. Electronic filing services.
2. Auditing Services: Audit, review and compilation services for business, non-profits and municipalities in accordance with GAAS and GAAP.
3. Accounting Systems Setup and Training: Installation, setup, training and ongoing support for accounting software including QuickBooks. Certified QuickBooks ProAdvisor.
4. Estate Planning and Administration: Estate planning, trust administration, executor and trustee services, retirement planning coordination.
5. Business Financial Planning: Assistance with business plans, financial forecasts, financing applications for new and expanding businesses.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Gustafson & Wargo CPAs is a regional Certified Public Accounting firm that provides professional tax preparation and compliance, GAAS-compliant auditing, estate planning and administration, accounting systems setup and training (including QuickBooks), and financial planning support for new and expanding businesses. Services are delivered to individuals, families, small and medium-sized businesses, non-profits, and municipalities across Central New York through two office locations and an online client portal.

Product overview

Gustafson & Wargo CPAs is a traditional CPA accounting firm providing professional accounting and tax services. The firm offers five core service lines: Tax Planning & Compliance, Accounting Systems & Training, Auditing, Estate Planning & Administration, and Financials for New and Expanding Businesses. These services are delivered through a team approach across two office locations in Central New York (Canastota and Utica), providing clients access to six CPAs with over 40 years of combined experience serving the region.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Planning & Compliance Tax return preparation and planning for individuals, partnerships, S-Corporations, C-Corporations, fiduciary, estate, gift, and non-profit/foundation entities, including electronic filing. Targeted at individuals, families, and entity clients in Central New York.
• Auditing Audit, review, and compilation services for businesses, non-profits, and municipalities performed in accordance with GAAS and GAAP to provide reasonable assurance on financial statements.
• Estate Planning & Administration Estate planning, trust administration, executor and trustee services, and tax return filing for estates, including asset review and strategy development with coordination of retirement planning.
• Accounting Systems & Training Installation, setup, training, and ongoing monthly follow-up support for accounting software (notably QuickBooks) under Certified QuickBooks ProAdvisor credentials, with access to software and supply discounts for clients.
• Financials for New and Expanding Businesses Preparation of business plans with financial forecasts and projections to assist entrepreneurs with financing applications and to support startup and expansion decisions.

Quantifiable outcome

• IRS generates refunds from electronically filed returns in only 3 weeks

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Others

• CPACharge: Payment processing provider specifically built for CPA firms, integrated into Gustafson & Wargo's online payment system. Adjacent ecosystem partner rather than direct competitor, but illustrates the firm's reliance on industry-specific vendors.

Direct peers

• D'Arcangelo & Co., LLP: Utica, NY-based CPA and advisory firm serving the Mohawk Valley region with tax, audit, and business consulting. Direct geographic competitor in the same Oneida County market as Gustafson & Wargo's Utica office.
• Marvin & Company: Albany, NY-based certified public accounting firm offering tax, audit, advisory, and business valuation services. Similar regional CPA firm serving NY SMBs and individuals across multiple industries.
• Insero & Co. CPAs: Mid-sized regional CPA firm based in Rochester, NY serving Central and Western New York businesses. Comparable in service mix (tax, audit, advisory) and target market of NY SMBs across multiple industries.
• Grossman St. Amour CPAs: Syracuse-based regional CPA firm serving Central NY with tax, audit, accounting, and business advisory services. Comparable regional full-service firm operating in an adjacent Central NY market.
• Bowers & Company CPAs: Syracuse/Central NY-based CPA firm providing audit, tax, and consulting services to businesses and municipalities. Directly comparable full-service accounting firm operating in similar upstate NY markets.
• Fust, Charles, Chambers LLP: Central New York CPA firm referenced in Gustafson & Wargo's history (former employer of partner Barbara Devendorf). Comparable regional accounting firm with overlapping service lines and geographic market.
• Bonadio & Company: Regional CPA and business advisory firm headquartered in upstate New York (Rochester) with multiple offices across the state. Comparable regional full-service accounting firm serving SMBs with tax, audit, and consulting services.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Gustafson & Wargo CPAs