Donovan² CPAs (fka Sean M. Donovan, CPA)

What Donovan² CPAs (fka Sean M. Donovan, CPA) does

Donovan² CPAs (formerly Sean M. Donovan, CPA) is a sole-proprietorship Certified Public Accounting firm headquartered at 3 Concorde Way, Windsor Locks, Connecticut. Founded in November 1989 by Sean M. Donovan, the firm operates with approximately 4-6 employees drawn from owner/principal Sean M. Donovan, office manager Donna Pecor (32-year tenure), receptionist Debbie Heon (joined 2013), and staff accountant Piotr Panek (joined 2014). The firm delivers a standard CPA service portfolio spanning tax preparation for individuals, corporations, partnerships, trusts, estates, and not-for-profits; audits, reviews, and compilations; bookkeeping and write-up; financial statements; payroll services including prevailing-wage payroll for construction contractors; IRS and state tax agency representation; and consulting engagements in entity selection, succession planning, estate planning, retirement planning, and computer/QuickBooks consulting.

The business maintains two notable industry specializations: grocery store accounting (expertise dating to 1979 with margin analysis, income statement customization, and operating expense management) and condominium association services (tax, compilation, review, and audit work for up to 50 associations). Underlying technology consists of standard professional accounting and tax preparation software with Certified QuickBooks Pro Advisor capabilities for setup, training, and reporting. Marketing is anchored on the firm's website (smd-cpa.com), which provides interactive financial calculators, tax newsletters, and an events calendar, supplemented by LinkedIn, Facebook, client referrals, and a WFSB Channel 3 television appearance by the principal.

Revenue mechanics are quote-based professional service engagement fees across tax, accounting, payroll, and advisory work, billed on a monthly cadence in some streams, with no publicly disclosed pricing, no institutional funding, and no parent company. The firm has operated continuously from the same single Windsor Locks location for nearly four decades, serving SMB and individual clients primarily in Northeast Connecticut.

Name

Donovan² CPAs (fka Sean M. Donovan, CPA)

Legal name

Sean M. Donovan, CPA

Website

https://smd-cpa.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

Donovan² CPAs is a sole-proprietorship CPA firm in Windsor Locks, CT, founded 1989, providing tax preparation, accounting, payroll, IRS representation, and advisory services to individuals, small businesses, grocery stores, and condominium associations across Northeast Connecticut.

Ownership category

akta.pro rank

Product category

Tax & Accounting Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industry

Accounting, Audit & Tax (CPA/CA/ACCA CPE) (EDAAALAA)

Keywords

• Tax preparation services
• Accounting services
• Payroll services
• Bookkeeping services
• Business tax consulting

Headquarters

HQ city

Windsor Locks

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. Professional Services - Accounting & Tax: Comprehensive accounting services including audits, reviews, compilations, bookkeeping, write-up services, financial statements, tax preparation for individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations. Revenue generated through professional service fees for tax preparation, accounting, payroll, and advisory services.
2. Consulting Services: Business consulting including entity selection, succession planning, estate planning, retirement planning, computer consulting, and software implementation. Revenue from advisory and consulting engagement fees.
3. Payroll Services: Computerized payroll services including certified payroll for construction contractors and prevailing wage payroll. Revenue based on payroll processing fees and related service charges.
4. IRS & State Representation: Tax agency representation services for audits, appeals, and disputes before federal and state tax agencies. Revenue from professional service fees for representation engagements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Donovan² CPAs is a Certified Public Accounting firm providing accounting, tax, payroll, and business advisory services to individuals and small/mid-sized businesses in Connecticut. Core offerings include audits/reviews/compilations, bookkeeping, financial statement preparation, tax planning and preparation (for individuals, corporations, partnerships, trusts, estates, and not-for-profits), payroll services including certified prevailing-wage payroll, and IRS/state tax representation. The firm also delivers consulting services such as business entity selection, succession planning, estate and retirement planning, and accounting software selection/implementation, supported by its Certified QuickBooks Pro Advisor capability.

Product overview

Donovan² CPAs (fka Sean M. Donovan, CPA) is a Certified Public Accounting firm offering a comprehensive suite of accounting, tax, and consulting services. The firm's service portfolio centers on core offerings including audits/reviews/compilations, bookkeeping, financial statement preparation, tax planning, tax preparation, payroll services, and IRS/state representation. The firm also provides consulting services for business entity selection, succession planning, retirement planning, pension plans, and computer consulting. Specialized services include QuickBooks Pro Advisor support, prevailing wage payroll for contractors, and notary public services. The firm serves specific industries including grocery stores (since 1979) and condominium associations (up to 50 clients). Client-facing digital resources include interactive financial calculators, QuickBooks seminars, and tax newsletters. The firm positions itself as small enough for personal service but large enough to employ state-of-the-art technology and software.

Differentiator

Problem solved

Functional benefit

Products and services

• Audits, Reviews and Compilations Financial reporting services delivering different levels of assurance: audits (highest level), reviews (limited analytical procedures), and compilations (based on client information for internal use). For business clients needing external assurance or internal-use statements.
• Bookkeeping / Write-Up Day-to-day bookkeeping and financial record organization to keep business operations running efficiently. For small and mid-sized business clients needing ongoing transaction recording.
• Financial Statements Preparation of financial statements in accordance with professional standards to support management decision-making. For business clients needing formal financial reporting.
• Financial Forecasts & Projections Forecasting and financial modeling services to help businesses plan and achieve financial goals. For business owners evaluating scenarios, financing, or growth strategies.
• Tax Planning Strategic year-round tax planning services integrated with tax preparation to minimize current and future tax liabilities. For individual and business clients.
• Tax Preparation Tax return preparation for individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations using computerized tax preparation and research software. For individual and entity tax filers.
• Payroll Services Payroll administration including controls, system development, payroll tax return preparation, and certified payroll for construction contractors. For business clients needing payroll processing.
• Prevailing Wage Payroll & Reporting Specialized payroll services for contractors required to pay prevailing wage, including wage calculations by job location and federal/state agency reporting. For construction contractors subject to prevailing wage rules.
• IRS and State Representation Tax agency representation before federal and state tax authorities during audits, appeals, and disputes. For individual and business clients facing tax agency inquiries.
• Sales Tax Services Sales tax compilation and return preparation for businesses operating in multiple jurisdictions. For multi-state business clients.
• Estate & Trust Tax Preparation Estate and gift tax planning and preparation services facilitating orderly transfer of assets to beneficiaries. For individuals and trusts/estates.
• Estate Planning Estate planning for business continuity, succession of ownership, and orderly transfer of assets. For business owners and individuals with estates.
• Business Entity Selection Advisory services for choosing the optimal business entity type (S corporation, sole proprietor, LLC) based on tax implications. For new and existing business owners.
• Business Succession Planning Coordination of business transition to successors to ensure continued success after owner departure. For owners of closely held businesses planning exit or transfer.
• Retirement Planning Implementation and periodic review of financial plans to ensure financial independence during working years and retirement. For individuals and business owners.
• Pension & Profit Sharing Plans Qualified retirement plan advisory including defined-contribution, defined benefit plans, Keoghs, and SEPs. For closely held businesses offering employee retirement benefits.
• Accounting Software Selection & Implementation Assistance with selecting and implementing computerized accounting software packages for small businesses, including QuickBooks. For small business owners modernizing their accounting stack.
• Computer Consulting Advisory services for computer hardware decisions and network design for business computer systems. For small business owners planning IT investments.
• Notary Public Notarization services for important documents. For individual and business clients needing document authentication.
• Grocery Store Industry Services Specialized accounting and consulting for grocery store clients served since 1979, including monthly or quarterly detailed income statements and charts, margin analysis, and operating expense identification to improve profitability. For independent grocery store operators.
• Condominium Association Services Tax returns, compilations, reviews, and audits for up to 50 condominium associations, tailored to current trends in condominium taxation and reporting. For condominium associations and their boards.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• QuickBooks (Intuit)coreTechnology or IntegrationCertified QuickBooks Pro Advisor providing QuickBooks setup, training, and reporting services to clients. Staff expertise in accounting software selection and implementation.
• The Alternative Board (TAB)minorStrategic or Co-development PartnerPeer network for business owners. TAB members improve business results by sharing business ideas, strategies, tactics and experiences in unique business groups.
• Internal Revenue Service (IRS)coreOthersFirm provides IRS and state representation services, properly representing clients before federal and state tax agencies through extensive experience dealing with taxing authorities.
• Connecticut Department of Revenue ServicescoreOthersState tax agency for Connecticut tax matters. Firm provides state representation services for Connecticut tax issues.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• PKF O'Connor Davies: Mid-Atlantic/New England-focused accounting and advisory firm with significant SMB and closely held business practices. Comparable on service mix (tax, audit, advisory, QuickBooks support) but operating across multiple offices and states at materially larger scale than Donovan² CPAs.
• Fiondella Milone & Reinhart: Connecticut-based CPA firm offering tax, audit, advisory, and outsourced accounting services to closely held businesses and individuals. Highly comparable along product line and SMB client profile; both firms compete for similar Connecticut-based individual and small business engagements.

Broad incumbents

• CliftonLarsonAllen (CLA): Top-10 U.S. accounting firm serving closely held businesses, including industry-specialized practices. Comparable on SMB tax/audit/advisory service mix; competes for condo association and small business clients in Connecticut with deeper technology platforms and broader geographic reach.
• H&R Block: National tax preparation chain and franchise network providing individual and small business tax services. Comparable directly to Donovan² CPAs' individual tax and small business compliance practice, but at retail scale with seasonal, lower-fee positioning rather than ongoing relationship-led service.
• Marcum LLP: Top-20 U.S. accounting firm with deep SMB, closely held business, and industry-specific practices. Direct overlap on tax, audit, accounting, and advisory services for SMB clients in the Northeast; acquisitive growth strategy makes it a likely acquirer type for firms of Donovan² CPAs' profile.
• Withum Smith+Brown: Top-30 U.S. accounting firm with strong Northeast presence and SMB practice. Overlaps on tax preparation, audit, and small business advisory for closely held entities; represents the type of regional consolidator the firm could be merged into or compete against.
• Jackson Hewitt: National tax preparation franchise with retail storefronts and assisted filing services. Direct overlap on individual tax preparation but without the higher-end SMB/condo association audit and bookkeeping services that differentiate Donovan² CPAs.

Regional players

• Baker Newman Noyes: New England-based top-100 accounting firm providing tax, audit, and advisory to closely held businesses, individuals, and nonprofit organizations. Directly comparable on product line and client type; competing for similar Connecticut/Northeast SMB and association engagements.
• Whittlesey (formerly Whittlesey & Hadley): Full-service Connecticut-based accounting and advisory firm headquartered in Hartford. Direct comparable: serves the same SMB and individual client base in CT with similar service lines (tax, audit, advisory, QuickBooks support), but at significantly larger scale than Donovan² CPAs.

Emerging players

• Intuit (QuickBooks Live / TurboTax Live): Intuit's online expert-assisted tax and bookkeeping services connect SMB clients with credentialed professionals. Indirect competitor — the same QuickBooks ecosystem in which Donovan² CPAs holds Pro Advisor status — and represents the technology-enabled service model threatening traditional local CPA firms' lower-end work.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sean-m-donovan-cpa

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Donovan² CPAs (fka Sean M. Donovan, CPA)