Business Details
23 Years
experience
Trusted Accounting Services in Memphis
Patrick Accounting was founded in 2003 with a mission to simplify financial complexities for small businesses. With over 20 years of experience, we specialize in bookkeeping, tax strategy, and financial advisory services tailored to growth-minded business owners. Our team of CPAs, Enrolled Agents, and payroll specialists serves clients nationwide, with a particular focus on restaurants, hospitality, healthcare, and professional services industries. We combine proven systems with empathetic expertise to deliver timely, accurate financial insights that empower informed decision-making.Our values of accountability, continuous improvement, and client partnership drive our approach to helping businesses avoid tax surprises, maintain compliance, and achieve long-term financial success. Recognized as one of Inc. 5000's fastest-growing companies for seven consecutive years, we remain committed to providing world-class service that extends beyond traditional accounting.
Services
Bookkeeping
Tax Planning
Payroll Services
Financial Advisory
HR Services
Details
- Year established: 2003
Highlights and features
- Dedicated team of CPAs and accounting specialists with 20+ years of industry experience
- Proactive tax strategy paired with monthly bookkeeping for comprehensive financial management
- Proven systems that ensure timely, accurate financial reporting and compliance
- Specialized expertise serving restaurants, healthcare providers, and professional services
- Recognized as industry leaders through multiple Inc. 5000 and Memphis Business Journal awards
Associations and certifications
- Inc. 5000 Fastest Growing Companies
- Memphis Business Journal Best Place to Work
- Accounting Today Best Firms to Work For
What people say
Immediate responses
Focus on business
Thorough answers
Proactive outreach
Financial clarity
Services
Bookkeeping
Our comprehensive bookkeeping service maintains accurate, up-to-date financial records using cloud-based systems like QuickBooks Online. We handle daily transactions, bank reconciliations, and financial reporting to provide real-time business insights. Clients receive organized documentation that supports informed decision-making and tax preparation.
Tax Planning
We offer year-round tax planning combined with monthly bookkeeping to optimize tax outcomes. Our experts analyze business structures, identify deductions, and implement strategies that minimize liabilities while maintaining compliance. This proactive approach helps businesses avoid surprises and maximize savings.
Payroll Services
Through our sister company Whirks, we provide integrated payroll processing with tax compliance and reporting. Services include direct deposit, W-2 processing, and seamless integration with accounting systems. This ensures accurate financial records while reducing administrative burdens for business owners.
Financial Advisory
Our advisory services focus on strategic financial planning and operational improvement. We analyze financial statements, develop budgeting frameworks, and provide growth recommendations tailored to each client's industry and goals. This helps businesses make data-driven decisions that enhance profitability.
HR Services
Through Whirks, we offer HR solutions including employee benefits administration, compliance support, and payroll tax services. These integrated offerings help businesses manage workforce needs while maintaining proper documentation and regulatory compliance.
People
Matthew Patrick
President, Founder
Matthew Patrick founded Patrick Accounting in 2003 with a vision to simplify financial management for small businesses. As a CPA, he brings decades of experience in accounting and business strategy.
Mike Shaeffer
Chief Operating Officer
Mike Shaeffer oversees operations at Patrick Accounting and sister company Whirks, bringing extensive experience in business process optimization and client service management.
Kim Pope
Director of Accounting
Kim Pope leads our accounting team with expertise in financial reporting and compliance. As an Enrolled Agent, she ensures accurate, timely delivery of accounting services to all clients.
Sandy Ledbetter
Director of Tax
Sandy Ledbetter heads tax strategy with CPA expertise, specializing in optimizing tax outcomes through comprehensive financial planning and compliance management.
Shelby Betts
Director of Business Development
Shelby Betts connects businesses with appropriate accounting solutions, leveraging industry knowledge to match clients with services that support their growth objectives.
Questions
Do you offer standalone tax preparation services?
We focus on comprehensive accounting solutions rather than standalone tax services. Our approach combines monthly bookkeeping with year-round tax strategy for better financial outcomes.
What business sizes do you work with?
We specialize in serving small businesses with $500K to $10M in annual revenue seeking growth and operational efficiency improvements.
How are your accounting packages priced?
Our Core Package starts at $750/month, Advanced at $1,500/month, and Ultimate at $2,200/month, with exact pricing based on business complexity.
What industries do you specialize in?
We have particular expertise in restaurants, hospitality, healthcare, professional services, and trades, though we work with diverse small businesses nationwide.
How does the onboarding process work?
We require a discovery call to assess needs, followed by system migration to QuickBooks Online and implementation of digital document sharing processes for seamless integration.
What makes you different from other accounting firms?
We combine technical expertise with proactive guidance, treating clients as partners while leveraging technology to deliver timely, actionable financial insights.
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