Tokar & Company

What Tokar & Company does

Tokar & Co., CPAs is a privately-held, full-service accounting firm headquartered in Westlake, Ohio, serving privately-held companies and startups across multiple industries in Ohio and the broader Midwest. The firm was founded by Jay G. Tokar, CPA, who brings 20+ years of public accounting experience including Big Four tenure and a credential stack unusual for a sub-50-person practice: CPA, Accredited in Business Valuation (ABV), Certified in Financial Forensics (CFF), Certified Financial Planner (CFP), and Personal Financial Specialist (PFS). The firm is staffed by a six-person professional team led by Tokar and Member CPA Denise A. Canda, with additional credentialed CPAs and accounting support staff. Ownership is founder-controlled with no disclosed external investors, parent company, or private equity backing.

The firm's product surface spans nine service categories: accounting and tax preparation, audit and assurance, IRS representation, business valuation, litigation support and forensic analysis, condominium association management, accounting software assistance, and personal financial planning. Service delivery is human-led, quote-based, and conducted primarily through the firm's Westlake office and a secondary Elyria mailing address. There is no proprietary technology platform, software product, or mobile application; the firm operates a single informational website (tokar-co.com) with contact forms and a direct phone line as its primary digital acquisition channels. No social media presence, content marketing engine, or paid digital advertising was identified.

The revenue model is professional services fee-for-engagement. Pricing is not publicly disclosed and varies by service type and client complexity. The firm does not disclose revenue, headcount beyond the named team, funding, M&A activity, or client concentration. Acquisition is referral- and inbound-driven from the Ohio regional market. Strategic activity in the recent window has been limited to an office relocation to Westlake, a 2024 brand identity refresh, and incremental formalization of inbound digital channels—consistent with stable, owner-operated practice management rather than transformational growth or external capital deployment.

Name

Tokar & Company

Legal name

Tokar & Co., CPAs.

Website

https://tokar-co.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Tokar & Co., CPAs is a privately-held, full-service accounting firm in Westlake, Ohio, providing accounting, tax, audit, valuation, litigation support, and financial planning services to privately-held companies and startups across Ohio and the Midwest.

Ownership category

akta.pro rank

Headquarters

HQ city

Elyria

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Accounting Services: Full-service accounting firm generating revenue through multiple professional service streams including accounting, tax preparation and planning, audit and assurance, IRS representation, business valuation, litigation support, forensic analysis, condominium management, software assistance, and personal financial planning.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Tokar & Co., CPAs is a full-service accounting firm providing professional accounting, tax, and advisory services to privately-held companies and individuals. Core offerings include accounting and tax preparation, audit and assurance, IRS representation, business valuation, litigation support and forensic analysis, condominium management, software assistance, and personal financial planning, delivered by a team of CPAs led by owner Jay G. Tokar.

Product overview

Tokar & Co., CPAs is a local, full-service accounting firm offering a unified suite of professional accounting services for privately-held companies and individuals. The core offerings include Accounting & Tax Services, Audit & Assurance Services, IRS Representation, Business Valuation Services, Litigation Support & Forensic Analysis, Condominium Management Services, Software Assistance, and Personal Financial Planning. These services are delivered by experienced CPAs and are designed to work together to address the complete financial lifecycle of their clients—from routine bookkeeping and tax compliance to complex litigation support and business valuation.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting and Tax Services Core accounting, bookkeeping, and tax preparation and filing services for privately-held companies across various industries, including financial statement preparation and federal/state tax compliance.
• Audit and Assurance Services Independent audit and assurance engagements providing verification of financial statements and internal controls for privately-held companies.
• IRS Representation Tax resolution and IRS representation services for clients facing audits, appeals, and collection matters.
• Business Valuation Services Business valuation engagements for divorce proceedings, partner or shareholder disputes, IRS estate or gift tax issues, and merger and acquisition transactions, performed by an ABV-credentialed professional.
• Litigation Support and Forensic Analysis Expert witness services and fraud investigations regarding internal controls or employee theft, including forensic accounting analysis to support litigation.
• Condominium Management Services Specialized accounting and financial management services for condominium associations and homeowner communities, including bookkeeping, reporting, and related advisory support.
• Software Assistance Consulting and support for accounting software selection, implementation, and troubleshooting to help clients operate their financial systems effectively.
• Personal Financial Planning Personal financial planning for private clients covering retirement planning, investment analysis, and wealth management, delivered by CFP- and PFS-credentialed professionals.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• BDO USA: Top-5 US accounting firm with Ohio offices serving middle-market privately-held companies across tax, audit, valuation, and advisory — broad incumbent competing for both routine and specialty engagements.
• Plante Moran: Large Midwest-based CPA and business advisory firm with Ohio offices serving middle-market privately-held companies across tax, audit, valuation, and consulting — broader incumbent competing for the same Ohio mid-market client base.
• Forvis Mazars: Top-10 US accounting firm formed by the merger of FORVIS and Mazars USA, providing tax, audit, advisory, and valuation services to mid-market privately-held companies — broader incumbent with national scale competing for specialty engagements.
• Wipfli LLP: Top-20 US accounting and advisory firm with Midwest offices providing tax, audit, valuation, and consulting services to privately-held businesses — broader incumbent operating in adjacent regional markets.
• HBK CPAs & Consultants: Midwest-based regional CPA and advisory firm with Ohio offices providing tax, audit, valuation, and specialty consulting to privately-held businesses — larger incumbent with overlapping service offerings in Ohio.

Direct peers

• Cohen & Company: Cleveland-based CPA and advisory firm offering tax, audit, valuation, and specialty advisory services to privately-held businesses across the Midwest — directly comparable in regional focus and full-service delivery model.
• Clark Schaefer Hackett: Cincinnati-based CPA and advisory firm with Ohio and Midwest presence, offering audit, tax, valuation, and consulting services to privately-held companies — directly comparable regional mid-tier CPA competitor.
• GBQ Partners: Ohio-based full-service accounting and advisory firm serving privately-held companies and individuals across tax, audit, valuation, and advisory services — directly comparable in geography, service mix, and target client profile.
• Rea & Associates: Ohio-based CPA and consulting firm providing accounting, tax, audit, and advisory services to privately-held businesses and individuals across the Midwest — comparable regional mid-market CPA firm with similar service breadth.
• Apple Growth Partners: Akron, Ohio-based accounting and business advisory firm serving privately-held companies with tax, audit, valuation, and consulting services — closely comparable in size, regional footprint, and service portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Tokar & Company