Description:
• The owner is a CPA • This practice was established in 2000 • Software in use includes Lacerte, QuickBooks, MS Office • Approximately 17 bookkeeping clients generating $5,500 in revenue • Approximately 225 individual tax returns with an average fee of $700 per return • Approximately 37 business tax returns with an average fee of $1,360 per return • $13,300 +/- in revenue is generated via misc. accounting services, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $144,376 (2020) • Lease expires on June 30, 2021