Description:
This is a sole prop CPA Practice * This practice was established in 1996 * Software in use includes Lacerte and QuickBooks * Approximately 5 bookkeeping clients making up 5% of the gross revenue * Approximately 290 individual tax returns with an average fee of $431 per return make up 57% of the gross revenue * Approximately 45 business tax returns with an average fee of $889 per return make up 18% of the gross revenue * Approximately 28 fiduciary tax returns with an average fee of $429 per return make up 5% of the gross revenue * $21,000 +/- revenue is related to one audit, a review, and other consulting and miscellaneous work..