Business Details
49 Years
experience
Expert Accounting and Tax Services in Canastota, NY
Established in 1977, Gustafson & Wargo CPAs has grown from a part-time practice into a leading accounting firm serving Central New York. Our team of Certified Public Accountants combines decades of experience with a client-centric approach, offering personalized solutions for tax compliance, financial planning, and business advisory services. We prioritize proactive problem-solving, leveraging our expertise to help clients navigate complex tax laws and optimize financial outcomes. With offices in Canastota and Utica, we provide accessible, year-round support through a collaborative team model.Our commitment to continuous education ensures clients benefit from the latest industry insights and technological advancements. We specialize in audits, accounting system implementation, estate planning, and business financing strategies tailored to individual and organizational needs. Our reputation as trusted advisors stems from a philosophy of treating client success as our own, fostering long-term partnerships built on transparency and results-driven counsel.
Services
Tax Preparation
Auditing
Financial Planning
Accounting Software Training
Estate Planning
Business Financing Consultation
Details
- Year established: 1977
Highlights and features
- 40+ years of experience serving Central New York businesses
- Team of Certified Public Accountants with international firm backgrounds
- Personalized service combining tax expertise with business advisory skills
- Certified QuickBooks Pro Advisors for accounting software implementation
- Collaborative approach ensuring year-round client support and compliance
Associations and certifications
- Certified Public Accountants (CPA)
- Certified QuickBooks Pro Advisor
Services
Tax Preparation
Comprehensive tax preparation services for individuals, corporations, trusts, and estates. Our CPAs ensure compliance with evolving tax laws while maximizing deductions and credits. We handle complex returns including gifts, non-profits, and foundations, with electronic filing options for faster processing and refunds.
Auditing
GAAS-compliant audits for businesses, non-profits, and municipalities. We provide reasonable assurance on financial statements through thorough examination of records, assets, and third-party documentation. Services include audit planning, fieldwork, and reporting tailored to regulatory, banking, or grant requirements.
Financial Planning
Personalized financial planning for retirement, estate distribution, and tax optimization. We coordinate with attorneys and advisors to develop strategies for asset protection, liquidity management, and legacy planning. Services include trust administration, gifting programs, and executor advisory.
Accounting Software Training
Certified QuickBooks Pro Advisor services for software implementation and staff training. We provide on-site installation, customized setup, and ongoing support to ensure smooth transitions from manual systems or legacy software. Monthly follow-ups included for continued proficiency.
Business Financing Consultation
Business plan development and financial forecasting for loan applications. We analyze market potential, cost structures, and revenue projections to strengthen financing proposals. Services include bank communication support and strategic planning for new ventures or expansions.
People
James T. Gustafson
Founder
Certified Public Accountant with 40+ years of experience. Former international firm professional who established Gustafson & Wargo CPAs in 1977. Specializes in business advisory and tax strategy for Central New York clients.
T. Charles Chambers
Principal
Experienced CPA offering expertise in financial reporting and compliance. Provides strategic guidance for business owners and non-profits. Active in client accounting system optimization and audit preparation.
Nancy Beadle
Principal
Senior accountant specializing in estate planning and individual tax matters. Focuses on personalized solutions for high-net-worth clients. Coordinates with legal professionals for comprehensive wealth management.
Questions
What accounting software do you support?
We support all major accounting software including QuickBooks (Certified Pro Advisors), Xero, and Sage. Custom solutions available for specialized business needs.
Do you offer remote tax preparation services?
Yes, through our secure online client portal. Upload documents electronically and receive completed returns via encrypted transfer.
What are your tax season hours?
We operate six days weekly from January 2 through April 15. Regular business hours Monday-Friday 9am-4pm, with appointments available outside these times.
Can you help with business startup planning?
Yes, we provide comprehensive startup services including entity selection, financial forecasting, and financing strategy development to ensure new businesses launch successfully.
What areas do you serve?
Primarily Central New York with offices in Canastota and Utica. We serve clients in Madison, Oneida, and surrounding counties for both individual and business needs.
