Description:
The owner is a CTEC. This practice was established in 1989. Software in use includes Lacerte, Accounting CS. Approximately 130 bookkeeping clients, generating $302,000 of the gross revenue. Approximately 315 individual tax returns with an average fee of $450 per return. Approximately 100 business tax returns with an average fee of $600 per return. Approximately 10 other tax returns with an average fee of $100 per return. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $150,000. Lease expires in October 2017.