Local Tax

Name

Local Tax

Legal name

Local Tax

Website

https://local-tax.net

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Tax Preparation and Bookkeeping Services

NAICS

Tax Preparation Services (541213), Payroll Services (541214), Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

akta.pro primary industry

Tax Advisory & Compliance (BPAHABAB)

akta.pro secondary industries

Payroll Tax Filing, Compliance & Remittance (BPACAIAC), Payroll & Employment Tax Services (BPAHABAD), Economic Development & Business Licensing (Local) (BPAIACAN)

Keywords

• Tax preparation services
• Bookkeeping services
• Payroll processing
• Business formation
• Tax planning and relief

Headquarters

HQ city

Bellflower

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Tax Preparation Services: Fee-for-service tax preparation for personal and business returns. Services cover individual income taxes, business tax returns (Schedule C, S-Corp, C-Corp, Partnership), and multi-state filings. Revenue generated per return prepared.
2. Bookkeeping Services: Ongoing bookkeeping services for small businesses, helping maintain accurate financial records. Billed as recurring service to maintain client relationships year-round.
3. Payroll Services: Payroll processing and compliance services for small businesses with employees. Includes payroll tax filings and Form 941 preparation.
4. Business Formation: Assistance with forming new businesses including LLC, S-Corp, and other entity structures. One-time service fee for setup guidance.
5. Tax Planning and Relief: Proactive tax planning consultations and tax relief services including IRS representation for wage garnishments, tax liens, and seizures/levies.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Local Tax is a Bellflower, California-based tax preparation and bookkeeping firm that prepares personal and business income tax returns, provides ongoing bookkeeping and payroll services for small businesses, assists with business entity formation (LLC, S-Corp, C-Corp), handles ITIN applications, offers year-round tax planning, and provides IRS tax relief representation for wage garnishments, tax liens, and seizures/levy matters. The firm has served individual taxpayers, freelancers, and small business owners in the Los Angeles County area since 2009.

Product overview

Local Tax is a tax preparation and bookkeeping service provider based in Bellflower, CA, offering a unified suite of professional services for both individual and business clients. The core offerings include Tax Preparation Service (personal and business tax filing), Business Tax Preparation, Bookkeeping and Payroll Services, Business Formation assistance, ITIN services, Tax Planning, and Tax Relief services. The company has served the Bellflower community and Los Angeles County since 2009, providing year-round access to certified tax professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Preparation Service Personal and business tax preparation services for individuals and businesses in Bellflower, CA and Los Angeles County, including federal and state tax filing and multi-state returns.
• Business Tax Preparation Comprehensive business tax filing services covering payroll reports, depreciation schedules, prior-year returns, Schedule C, S-Corp, C-Corp, and Partnership returns, and business deductions for small businesses.
• Bookkeeping and Payroll Services Financial record-keeping and payroll processing services for small businesses, including accurate records, organized reports, compliant payroll processing, and payroll tax filings including Form 941.
• Business Formation Assistance with forming new businesses, including guidance on LLC, S-Corporation, C-Corporation, and sole proprietorship structures for California-based entrepreneurs.
• ITIN Services Individual Taxpayer Identification Number (ITIN) assistance for non-citizens who need a U.S. tax ID.
• Tax Planning Year-round tax planning services to help individual and business clients minimize tax liability and maximize deductions.
• Tax Relief Services Assistance with IRS tax issues including IRS Wage Garnishment, IRS Tax Liens, and IRS Seizures and Levy matters, including professional representation before the IRS.

Quantifiable outcome

• Thousands of satisfied tax filers served in Los Angeles County
• +1 more outcomes

Named customers5 records

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 moves3 records

Expansion highlights3 records

Emerging players

• Botkeeper: Automated bookkeeping service combining AI software with human review for small businesses — emerging competitive threat to Local Tax's recurring bookkeeping service line with a lower-cost, technology-led model.

Direct peers

• Bench: Tech-enabled bookkeeping service for small businesses combining software with dedicated bookkeepers — directly comparable to Local Tax's recurring bookkeeping service line, but operating at scale with proprietary technology.
• Intuit TurboTax: Dominant consumer and small business tax preparation software platform including TurboTax Live, which pairs DIY filings with on-demand human CPAs and tax experts — the closest direct competitive substitute to Local Tax's individual and small business return preparation services.
• Gusto: Cloud-based payroll, HR, and benefits platform serving small businesses with payroll tax filings (Form 941, etc.) — directly competes with Local Tax's payroll services line for small business clients.
• TaxAct: Consumer and small business DIY tax preparation software with professional filing options; competes with Local Tax primarily in the self-prep segment but increasingly in assisted preparation via TaxAct Professional.
• 1-800-Accountant: Virtual accounting and tax firm serving small businesses and individuals with ongoing bookkeeping, tax preparation, and advisory services — directly comparable SMB and individual target market to Local Tax but delivered remotely rather than in a physical office.

Broad incumbents

• H&R Block: National tax preparation chain with retail offices, DIY software (H&R Block online), and small business tax services (Block Advisors). Directly comparable product offering to Local Tax across individual and small business tax prep, but at vastly larger scale and broader footprint.
• Jackson Hewitt: National tax preparation franchise operating thousands of retail locations serving individual taxpayers and small businesses with similar in-person, appointment-based service delivery to Local Tax.
• Liberty Tax: International tax preparation franchise with company-owned and franchise offices offering individual and small business tax services in a directly analogous in-person service model.

Peers

• Block Advisors: Small business tax, bookkeeping, and payroll service line within H&R Block — directly comparable to Local Tax's bundled SMB tax, bookkeeping, and payroll offering, but backed by the H&R Block brand and network.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/local-tax

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 Local Tax