Company Profile: Schrakamp, PLLC
Overview
Schrakamp, PLLC is a distinguished accounting firm based in Texas, serving the Dallas and Houston areas with over 55 years of combined experience. The firm offers a variety of accounting services tailored to meet the diversified needs of their clients.
Services and Expertise
Schrakamp, PLLC specializes in a broad spectrum of accounting services:
- Tax Preparation: Services include preparation for individuals, S-Corporations, C-Corporations, partnerships, estates, and trusts.
- Auditing and IRS Representation: Proficient in handling complex audits and efficiently interfacing with IRS procedures.
- Financial Planning and Analysis: Aims to assist clients in achieving financial goals through meticulous planning.
- Bookkeeping and Payroll Management: Essential services provided to ensure comprehensive financial preparedness and compliance.
Financial Performance
The firm reports annual revenue of $600,000, achieved with a specialized team of 11 employees dedicated to delivering high-quality service standards.
Location and Contact Information
Headquarters: 16910 Dallas Pkwy, Suite 116, Dallas, TX 75248
Phone: (214) 575-2600
Operating Hours: Monday to Friday (8:00 am - 5:00 pm), closed on weekends.
Leadership and Key Personnel
- Scott Schrakamp, CPA: Partner, central to leading the firm's service offerings.
- Nick Schrakamp: Managing Partner, focuses on strategic client satisfaction.
- Dustin Jensen: Partner specializing in indirect tax, emphasizing client savings.
- John Economidis: Accounting Manager, oversees accounting engagements.
Professional Affiliations and Qualifications
Schrakamp, PLLC holds the status of a Certified Public Accountants (CPA) firm. As QuickBooks ProAdvisors, the firm leverages this experience for efficient financial management.
History and Establishment
Founded in 1970, Schrakamp, PLLC has built a reputable position for delivering dependable financial advice and personalized services to various clientele.
Strategic Emphasis
The firm is dedicated to delivering solutions characterized by accuracy, efficiency, and confidentiality, aiming to form long-standing partnerships. Their services are designed to relieve clients of financial management tasks, enabling focus on strategic business growth.
Competitor Profile for Schrakamp, PLLC
Key Competitors
Baker Donelson
A national law firm ranked 79th in the U.S., Baker Donelson operates over 24 offices, including those in Texas, with more than 650 attorneys and public policy advisors. This creates significant competition for firms looking for extensive legal representation in the region.
Jackson Lewis P.C.
Specializing in employment and labor law, Jackson Lewis has over 1,000 attorneys. It is ranked 51st by the National Law Journal and is well-versed in workplace legal practices, adding competitive pressure in employment-related legal services.
Kirkland & Ellis
As the largest law firm worldwide in revenue, Kirkland & Ellis possesses a formidable reputation, with about 4,000 attorneys. Specializing in private equity and M&A, its global presence challenges local firms with its ability to attract high-profile legal work.
Weil, Gotshal & Manges LLP
With strongholds in restructuring, M&A, and litigation, Weil, Gotshal & Manges LLP boasts 1,100 attorneys. Its expertise in corporate law makes it a tough competitor to firms aiming for consultative roles in complex financial transactions.
Strategic Positioning
Operating within a competitive market alongside law firms like Baker Donelson and Kirkland & Ellis, Schrakamp, PLLC distinguishes itself with its specialized focus on accounting. While massive legal entities offer broad services, Schrakamp specializes in tax and financial consultancy with a Texas-centered client base, allowing it to carve out a specific niche. Collaborations with legal firms can augment its service offerings by leveraging mutual strengths.
