Description:
The owner is a Sole Proprietor. This practice was established in 2005. Software in use includes Lacerte and Quickbooks. Approximately 2 bookkeeping clients, generating $2,800 of the gross revenue. Approximately 250 individual tax returns with an average fee of $439 per return. Approximately 6 business tax returns with an average fee of $840 per return. Approximately 22 other tax returns with an average fee of $422 per return. $3,240+/- revenue is generated via tax planning and carrybacks. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $92,174. Lease expires in 4/30/2018.