Single-owner CPA practice is selling the not-for-profit attest and related tax preparation book of business to focus exclusively on for-profit business and individual income tax preparation going forward

87% of revenues are from attest work – 81% audits, 5% reviews and 1% compilation

13% of revenues are from tax preparation – Form 990s

Seller believes client base will be fine with fee increase of up to 15% in 2026

Seller is willing to retain the tax preparation if the buyer does not prepare tax returns

Majority of clients are Colorado NFPs, but all clients with the exception of one are accustomed to remote service delivery

All employees to remain with seller in his tax practice

Seller and former attest manager performed all but a few hours  related to the attest clients

Seller estimates total hours to service clients is 1,400 per year