Description:
The owner is a CPA. This practice was established in 1998. Software in use includes Lacerte and Quickbooks. Approximately 20 bookkeeping clients, generating $156,000 of the gross revenue. Approximately 480 individual tax returns with an average fee of $395 per return. Approximately 105 business tax returns with an average fee of $850 per return. Approximately 10 other tax returns with an average fee of $450 per return. $10,650+/- revenue is generated via tax planning, audit rep, and misc. consulting. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $260,640. Lease expires in N/A. Operating from home office.