Industries / Technology

A financial partner that keeps pace with the velocity of technology

Technology companies operate in a fast-moving, complex financial landscape shaped by evolving business models, regulatory shifts, cybersecurity risks, and rapid product cycles.

At hfco, we bring a comprehensive, strategic approach to help companies and investors navigate these challenges with clarity and confidence.

Industry Profile: Technology

 Our experience with technology companies gives us a clear understanding of the financial and operational pressures they face every day

Revenue recognition complexity

Technology companies frequently deal with complex revenue recognition situations involving software licenses, SaaS subscriptions, multi-element arrangements, and long-term contracts. We help you apply the right standards and ensure your financial statements reflect your business model accurately.

R&D tax credits

Technology companies are among the most eligible recipients of R&D tax credits, yet many leave significant credits unclaimed. We conduct thorough eligibility assessments and optimize your position under current tax law.

Equity compensation and startup accounting

Equity-based compensation, stock option accounting, and cap table management create unique accounting and tax complexity for technology companies.

Scalability and growth financing

Technology businesses often grow faster than their financial infrastructure can support. We help you build the systems, reporting, and financial controls that scale with your business.

Transaction and M&A readiness

Technology companies are frequent targets and buyers in M&A transactions. We prepare valuations, ensure your financials are transaction-ready, perform quality of earnings analyses, conduct due diligence, and structure deals to maximize value. 

Tax strategy and multi-state compliance:

Expanding across states or adding remote employees can unintentionally create tax nexus. Proactive management of income tax apportionment, payroll requirements, and sales tax obligations is essential to avoid unexpected compliance risks.

Technology expertise - for fast-paced businesses that are continually evolving

hfco brings deep knowledge and a full suite of advisory services to each engagement.

Comprehensive

approach to technology company accounting and advisory

R&D credit

expertise helping technology firms capture every available incentive

Transaction-ready

advisory for companies ready for an acquisition or building towards an exit

Independent

objective guidance and support

Client Story

How Holcomb Transportation found an advisor who shows up for every decision, not just year-end.

Holcomb Transportation has operated New Jersey’s school bus routes for decades, growing into a complex organization with 16 entities, rental properties, and a leasing operation. Since 2016, Ken May and the Haefele Flanagan team have been a constant presence — not just at year-end, but multiple times a week, weighing in on everything from vehicle purchases and property acquisitions to cost segregation studies and long-term growth strategy.

What construction clients say

Trusted by specialty contractors. Proven in the field.

Dave Gill is always very responsive and I feel like hfco truly has my best interests at heart. They’re not just thinking about my businesses; they’re thinking about my family, my personal goals, and my overall tax situation. I trust Dave and the hfco team completely, which makes it easier to focus on running and growing my business, knowing the tax side is covered.

Rob DePiero

Founding Principal, VanRock Properties

Common Questions

What technology clients ask us most

Does hfco work with early-stage technology companies?
Yes. We work with technology companies at every stage, from early-stage businesses establishing their financial foundation to mature companies preparing for a transaction.
Yes. Technology companies often have significant R&D credit opportunities that go unclaimed. We conduct a thorough eligibility assessment and optimize your credits under current tax law.
Yes. Transaction readiness is an important part of our technology advisory practice. We prepare valuations, assess quality of earnings, ready your financials for a transaction, and guide due diligence and deal structuring to maximize value.
Yes, your initial consultation is complimentary.

Meet your advisors

Technology Advisors
jim

Jim Haefele

CPA, Leading Partner & Visionary
dave

Dave Bookbinder

Executive Director, Valuation Services
sean

Sean Sands

Head of Mergers & Acquisitions
Judit NE

Judit Nagy-Eichelberger

Senior Director of Mergers & Acquisitions

Ready to work with a firm that understands your technology business

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