Business Details
50+ Years
experience
Your Trusted Partner for Accounting and Advisory Solutions
Lumsden & McCormick has been a trusted leader in accounting and consulting services since 1952, serving clients across Western New York and beyond. Our firm combines deep industry expertise with a proactive approach to deliver tailored solutions in audit, tax, financial planning, and advisory services. With over 140 employees and a legacy of excellence, we prioritize accessibility, responsiveness, and personalized attention to meet the unique needs of businesses, nonprofits, government entities, and individuals. Our team of certified professionals holds prestigious accreditations, including AICPA certifications in Financial Forensics, Information Technology, and Business Valuation, ensuring clients receive authoritative guidance grounded in rigorous standards.We are committed to community impact through philanthropy and leadership, reflecting our core values of care, trust, and excellence. Our history of innovation, including membership in the BDO Alliance USA, positions us to provide global resources with local expertise.
Services
Audit Services
Tax Planning
Forensic Accounting
Business Valuation
Financial Services
IT Audits
Succession Planning
Nonprofit Consulting
SOC Reporting
Wealth Management
Details
- Year established: 1952
Highlights and features
- We offer 70+ years of experience in accounting and consulting services.
- Our team includes AICPA-certified specialists in forensic accounting and business valuation.
- We provide proactive, industry-specific insights tailored to client needs.
- Our leadership team maintains direct involvement in all client engagements.
- We combine local expertise with global resources through the BDO Alliance USA.
Associations and certifications
- AICPA
- CITP
- CFE
- Peer Review
What people say
Exceptional expertise
Timely responses
Personalized solutions
Trusted advisors
Professional team
Services
Audit Services
Our audit services provide the highest level of assurance for financial statements, combining industry expertise with rigorous compliance standards. We evaluate internal controls, assess risk factors, and ensure adherence to current accounting principles. Our team works closely with clients to enhance operational efficiency while maintaining transparency for stakeholders, investors, and regulatory bodies.
Tax Planning
We develop customized tax strategies to minimize liabilities and maximize growth opportunities for businesses and individuals. Our CPAs analyze complex tax scenarios, implement compliance solutions, and provide forward-looking advice on deductions, credits, and international tax matters. Services include business tax planning, estate tax optimization, and cross-border taxation strategies.
Forensic Accounting
Our forensic accounting team specializes in litigation support, fraud detection, and economic damage calculations. Certified Fraud Examiners and forensic specialists assist attorneys with business valuations, matrimonial disputes, and insurance claims. We provide expert testimony and detailed reporting for court proceedings and dispute resolution.
Business Valuation
We deliver precise business valuations for mergers, acquisitions, succession planning, and legal matters. Our certified valuation analysts use industry-specific methodologies to assess company worth, considering financial performance, market conditions, and intangible assets. Services include buy-sell agreements, ESOP valuations, and litigation support.
Financial Services
Our financial advisors provide comprehensive wealth planning solutions, including retirement strategies, investment management, and estate planning. Certified professionals help clients optimize tax efficiency, protect assets, and achieve long-term financial goals through personalized plans tailored to individual circumstances and risk profiles.
People
William P. Allen
Partner
Certified in Business Valuation and Forensic Accounting, William has 25+ years of experience in financial litigation support and business valuation services. He specializes in divorce proceedings, economic damages, and expert testimony.
Jill M. Johnson
Partner
CITP-certified IT audit specialist with expertise in cybersecurity, data governance, and technology risk management. Leads the firm's IT audit and assurance practice, serving clients in multiple industries.
Jeffrey M. Budzinski
Director of Wealth Management
Certified Financial Services professional managing investment strategies and retirement planning solutions. Focuses on tax-optimized wealth preservation and intergenerational transfer planning for high-net-worth clients.
Questions
What accounting services does Lumsden McCormick offer?
We provide audit, tax, forensic accounting, business valuation, IT audits, financial planning, and nonprofit consulting services for businesses, individuals, and government entities.
Do you specialize in specific industries?
Yes, we serve commercial businesses, nonprofits, government agencies, healthcare organizations, educational institutions, and technology firms with industry-specific expertise.
Are you available for urgent accounting needs?
Our team provides timely support during regular business hours and prioritizes urgent client requests through dedicated channels.
What sets Lumsden McCormick apart from other firms?
We combine 70+ years of experience with AICPA certifications, BDO Alliance resources, and a proactive approach to client service across Western New York.
Reviews (4)
Janet Powers
Apr 28, 2022
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I am sorry to say that I was not happy with their services. I was hoping that they would be more professional. I guess the company cares more about money than their clients.
My E.
Nov 02, 2020
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I haven't had the best experience with this firm. Numerous errors on my company's taxes has cost me thousands. Very difficult to get anyone in charge to call me back - maybe they're too busy on the golf course? Wouldn't recommend.
Zachary Schneider
Jul 31, 2018
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I have been working with the team at Lumsden for over five years now, and it has been one of the best business decisions I have ever made. They are by definition, a partner and I am honored to have them as part of our team. They have made year-end taxes much more efficient and less of a chore, but their real value is in their understanding of all the complexities of our businesses and how best to use any available incentives to help reduce our fiscal burden.
L. B.
Jun 23, 2017
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I used the company for several years in a row. The tax services were fine, but customer service is awful. The accountant raised the rate three years in a row without notice (even after I wrote and said "if your rates are increasing from last year please tell me before proceeding"), then gave incredible attitude when I asked about why the cost went up. There are many competent and pleasant service providers out there to choose from; the aggravation is not worth it.
