2 NJ firms make Accounting Today’s Top 100, 3 others named firms to watch

WithumSmith+Brown PC in Princeton and Sax LLP in Parsippany are among the top accounting firms nationwide according to Accounting Today’s 2022 Top 100 list, released March 10.

Wiss & Co. in Florham Park, Untracht Early in Florham Park, and Sobel & Co. in Livingston, were dubbed firms to watch.

Withum, under Managing Partner and CEO Bill Hagaman, nabbed the No. 24 spot on the list. The firm’s 1,316 employees — including 985 accountants — brought in $318.81 million in 2021, an increase of 24.05% over the prior year.

Sax LLP nabbed the No. 87 spot, rising from its 2021 ranking as No. 92. Under Managing Partner Joe Damiano, Sax’s 188 employees, including 105 accountants, brought in $55.5 million, a 15.63% change over last year.

“I am extremely proud of the firm’s growth these past few years. Being a part of Accounting Today’s leading national and local firms list is something we are extremely proud of,” said Damiano, whose firm also ranked as No. 17 in the Mid-Atlantic region. “It validates our firm’s commitment to continued growth, stellar client service, and successfully serving our clients as their number one advisor.”

As one of the list’s firms to watch, Wiss’s 271 employees brought in $44 million in revenue last year. Untracht Early, with 168 employees, brought in $33.38 million, and Sobel & Co.’s 180 employees brought in $31.85 million. Accounting Today’s report said that several of last year’s firms to watch rose to the top 100 this year.

Wiss, Untracht Early, and Sobel & Co. ranked No. 20, No. 24, and No. 25 respectively, on the list of top Mid-Atlantic firms. WilkinGuttenplan in East Brunswick; Smolin Lupin & Co. in Fairfield; Bowman & Co. in Voorhees; Rosenberg Rich Baker Berman in Somerset; and Cg Tax, Audit & Advisory in Tinton Falls followed.